SMU Community Chat

M&A Guru Dan Sullivan to Speak at July 14 Community Chat Webinar

Written by Michael Cowden

July 6, 2021

Steel Market Update is pleased to announce that Dan Sullivan, founder of Chicago-based Montrose Advisors, will be the featured speaker for our next Community Chat webinar on Wednesday, July 14 at 11 a.m. ET.

Montrose Advisors specializes in M&A among small- to mid-size privately held service centers, fabricators and manufacturers. Think Berlin Metals’ sale to Olympic or Kooima Corp’s sale to SPS and State Steel – deals to which Sullivan leant his expertise.

What’s the owner of a mid-sized service center or fabricator to do in a market like this? Volatility has made the day-to-day more difficult than ever to manage. Hiring is just as tough. And the next generation might not be interested in taking over the family business. Do you get your financials and environmental permits in order for prospective buyers? With prices at their highest point ever, is it better to simply sell the inventory and walk? Or with a market this hot, do you keep on grinding for another year (or three)?

Tune in and find out!

The 45-minute webinar will be free and open to all who register, which you can do by clicking here.

Also, SMU has posted a recording of our last webinar, with SSAB Americas President Chuck Schmitt. That recording as well as recordings and presentations from prior Community Chat webinars can be found by clicking here.

 

Michael Cowden

Michael Cowden is managing editor for Steel Market Update. Cowden has covered the steel industry since 2007. He specializes in flat-rolled steel but has also reported on steel long products, steel pipe and tube, and aluminum. Before joining SMU, Cowden held reporting jobs at Fastmarkets AMM in Chicago, the Associated Press in Pittsburgh, and the Cambodia Daily in Phnom Penh. He has also worked as a copy editor and in marketing at the University of Chicago Press. Cowden has a BA in English from the University of Chicago and an MSJ journalism from Northwestern University’s Medill School of Journalism. Contact him at michael@steelmarketupdate.com or 724-759-7872.

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