I spoke at a previous webinar about how the presence of Googles super-high-speed internet experiment in Kansas City is fueling change in the Midwest. As a follow-up, I can say that 2013 got off to a fast start here. Our clients, large and small, always get serious consideration and thoughtful responses and feedback from the PE buyers that we know and work with each week. In the last few months, weve also seen smaller and fast-growing businesses grab unprecedented attention from strategic buyers.
In a couple of quick examples from separate clients, weve had both major multi-billion dollar healthcare institutions and very well known financial services giants in Boston and Manhattan express serious interest and move into the process with a few of our clients.
Well see how things unfold, but clearly in a number of these large strategic buyer firms, the internal conference room discussion or question is: Should we just buy this young, small, great software team that is already in the market, with a product or products that work, and have enough early evidence of traction, or launch yet another internal build to match or beat the challenger, that may or may not deliver on time, on budget, and most importantly, on target, when finished?
Definitely something to keep in mind as the deals keep rolling and we see more exciting developments in this part of the country.