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View Our Exclusive US Opportunities

Benchmark International has been engaged as the exclusive sell-side broker for international companies across all industries. However, in this PDF, we are showcasing our Featured US Opportunities.

If you find the teasers you would like to see, please contact Garrett Spek at Spek@BenchmarkCorporate.com or call 813-898-2373 and provide the six digit 
alphanumeric code.

All of these clients have retained Benchmark International as their exclusive broker and we are not co-brokering any of them so if you have seen them elsewhere, we are the source. That said, we appreciate your passing this list on to any and all serious buyers you may know of.

Featured US Opportunities PDF

Benchmark sells over 100 businesses every year, many involving cross-border deals. If you have specific acquisition interests, please email your criteria to acquirerupdate@benchmarkcorporate.com.  You can also let us know if you would like to sign up to receive future opportunity marketing emails.

Beyond this list, we also have EmbraceBenchmark.com, which showcases a complete listing of our US opportunities.

Looking to Aquire an Exclusive Opportunity in the Americas?
Contact Kendall Stafford at Stafford@BenchmarkCorporate.com

Looking to Acquire an Exclusive Opportunity in Europe?
Contact Bhavina Halai at Halai@BenchmarkCorporate.com

Looking to Acquire an Exclusive Opportunity in Africa?
Contact Andre Bresler at Bresler@BenchmarkCorporate.com 

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Getting Down To Brass Tax

You’ve probably noticed by now that Benchmark International is growing. Geographic expansion is the most obvious outward sign of our growth. We didn’t reinvent the wheel of corporate strategy. Given the current economic climate, many other organizations are expanding geographically as well. They’re looking to capture a greater share of their existing markets, penetrate new markets, and attract new talent amongst many other things. These decisions, in terms of geographic expansion, are usually more calculated than many of us would or will ever realize.

While organizations are expanding geographically, many of these organizations are relocating their headquarters altogether. There are a few easily discernible and comprehensible considerations for expansion/relocation with many of them relating to taxation. We’ve witnessed the exodus from the Northeast to the South, really since the commercialization of air conditioning, but now we are seeing movement from all directions into the South. Quite frankly, the tax landscape is much friendlier in the South.

The multi-billion dollar leasing giant Hertz (NYSE: HTZ) announced in 2013 that they were relocating from Park Ridge, NJ to Estero, FL. They distinctly noted that the cost of doing business in New Jersey had become too much in comparison to other states such as Florida. In fact, the state of Florida and Lee County offered Hertz $84mm in tax credits. Florida’s corporate tax rate is noticeably more appealing at 5.5% compared to New Jersey’s 9%. Another selling point was Florida’s income tax rate of 0% in comparison to New Jersey’s bracketed income tax up to 8.97%. You might ask, why would income tax rates factor into Hertz or any company’s decision to expand or relocate? Well, Florida’s 0% income tax has been a noticeable driver behind its population growth. Consequently, the talent pool is expanding rapidly and the talent pool is undoubtedly a draw for a multi-billion dollar organization like Hertz. Between the glaring differences in tax rates, the county and state tax credits offered, and many other tax factors not discussed here (property tax for instance), it was an easy decision for Hertz to relocate.

Another case of corporate relocation to the South is that of CKE Restaurants. You’re probably familiar with their Frisco Thickburger making fast-food restaurants: Hardee’s and Carl’s Jr. They announced in 2016 that they were consolidating their St. Louis, MO and Carpinteria, CA corporate offices and moving them to Franklin, TN. Much like Hertz’s case, the tax implications were too great to ignore. California’s corporate tax rate is 8.84% in comparison to 6.5% for Tennessee. Tennessee’s income tax rate is 0% (with the exception of dividends) in comparison to California’s bracketed income tax up to a staggering 12.3%.

We could discuss at length several other advantages, especially relating to taxation, of expanding or relocating to the South, but these are just some of the most transparent ones. Barring a dramatic philosophical shift in tax philosophy in the South, it seems that we’ll continue to witness substantial business growth for big and small businesses alike.

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The ‘Urge to Merge’ is Alive and Kicking Globally – With a Trend towards Smaller Deals

In a much-talked-about piece in the New York Times recently, Hernan Cristerna, Co-Head of Global M&A at JP Morgan Chase, diagnosed the global mergers and acquisitions market as alive and very much kicking – in spite of ongoing Brexit anxieties and considerable political uncertainty around the Trump administration.

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Food sector M&A ripe for the picking

In the biggest deal to date in the natural and organic foods category, and in its largest takeover since 2007, French food company Danone is set to double the size of its US business this month with the acquisition of US organic food producer WhiteWave Foods. This included significant run-rate EBIT synergies of $300 million by 2020, an improvement of Danone’s full year like-for-like sales growth by an extra 0.5 percent to 1 percent, an increase of EBIT margin from 2018 and solid EPS improvement from 2017 and above 10 percent based on run-rate synergies.

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Yahoo! and Verizon update: What’s going on?

When it comes to M&A security breaches can be costly in more ways than one. Yahoo!’s expectations of a smooth transition in the Verizon takeover have been scuppered with the news that the acquiring company was not prepared to offer the full asking price.

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The Mark - Vol.XIV Issue II

Please take a read of our latest edition of THE MARK, Benchmark International's in-house publication which provides readers with a thorough insight into key events within the M&A industry.

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A New Year sale for Kate Spade

Earlier this month, the Wall Street Journal reported that US-based handbag and apparel designer Kate Spade is considering a potential takeover bid. The news comes just a couple of months after a US hedge fund, Caerus Investors, urged the fashion house to consider a sale in light of the falling price of its stock when compared to its peer group.

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Record 2016 for M&A against all odds

Despite major political disruption from events such as Britain leaving the EU and the election of a new president of the United States, 2016 is gearing up to be the biggest year for M&A deal announcements since 2007.

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Sport M&A Scores High

Love it or hate it, sport is everywhere, not only featuring on the back pages of our newspapers, but also dominating the front pages too. The business of sport generates massive revenue – it is estimated the global sports industry is worth almost $600bn, so it is no wonder it has sparked interest from investors over recent years.

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