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Tom Vaughn Quoted in Crain's Detroit Business, "Expert Advice: If Thinking About Selling, Swallow Pride and Get a Banker"

June 23, 2011
Crain's Detroit Business

Corporate finance attorneyThomas Vaughn was quoted in Crain’s Detroit Business on June 23, 2011. The article discussed second-stage business owners and the private-equity (PE) firms who are showing renewed eagerness to buy these business. It goes on to recommend that sellers hire investment bankers to help work through the deal. Vaughn, who specializes in mergers and acquisitions, believes that “investment bankers are worth every penny spent.” “If you don’t have your house in order, it can affect the sale price,” Vaughn said in support of sellers involving investment bankers in PE transactions.