M&A Activity: The Invisible 'Tuck-in' Deals

Hyde has witnessed an uptick in "healthy" M&A where there is sufficient cash at closing to make it worthwhile for shareholders, not just for the seller's creditors. It's a trend that goes back to 2011, though he stops short of saying there is a robust market for entities sold as a going concern.

Hyde notes there are many family-owned businesses still dominating the landscape, companies that face unique challenges as they seek to transition ownership. It's not unusual for firms to suffer from poor communication between family members and business partners, which can lead to missed opportunities.