Industry M&A Activity : Deals Are in Full Bloom

And, in instances where the equipment is too old, the facility’s lease is up, the firm is fully leveraged and unprofitable, the last bastion of value lies in the client roster. But that’s going on the assumption that valuable customers have not already been lost. What remains—a quasi-decent customer list, perhaps a somewhat talented salesperson, maybe some folding equipment of value—translates into the ever-popular and growing trend toward asset sales.