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November 21, 2024

Mike Moore Featured in Rochester Business Journal About Corporate Law Trends

Mike Moore, co-chair of Barclay Damon’s Corporate Practice Area, was featured in the Rochester Business Journal article “Three Rochester Attorneys Weigh in on Corporate Law Trends” about the areas in which clients most frequently seek counsel. Mike has seen increased activity, particularly in the Western New York Region, in helping navigate the sale or transition for longstanding, successful businesses—often closely and/or family owned. 

“These businesses, some of which carry brands for generations in our area, can benefit substantially from experienced professional guidance,” Mike said. “We help these clients obtain and preserve the value that, in many cases, they’ve worked a lifetime to build while helping them provide good results for other key stakeholders, such as employees, customers, and business partners.”

About monitoring activity in the M&A space in 2025, Mike said, “If the inflation rate continues to fall in 2025, prospects may increase for M&A and venture capital. Less expensive capital can present opportunities for businesses at the inception and exit stages of the life cycle—and all stages in between.”

Mike explained what businesses at different stages of the life cycle may have more demand for or find more attractive, such as valuations for longtime operators seeking exit or transition or investment capital for entrepreneurs and start-ups. “In all cases, there is real ROI in measured preparation,” Mike said. “Many of the very best opportunities start organically and ramp up on unexpected timelines, so it’s always good to have the option to act quickly if need be. Doing some advance work with your professionals can mitigate rush fees later and, more importantly, help create the ideal image the business wants to convey when seeking growth or exit capital.”

Rochester Business Journal subscribers can read the full article here.

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