{"id":503958,"date":"2020-08-25T08:32:02","date_gmt":"2020-08-25T08:32:02","guid":{"rendered":"https:\/\/www.abnewswire.com\/pressreleases\/?p=503958"},"modified":"2020-08-25T08:32:02","modified_gmt":"2020-08-25T08:32:02","slug":"controlled-auction-process-to-sell-manufacturing-companies-is-discussed-by-fran-brunelle-of-accelerated-manufacturing-brokers","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/controlled-auction-process-to-sell-manufacturing-companies-is-discussed-by-fran-brunelle-of-accelerated-manufacturing-brokers_503958.html","title":{"rendered":"Controlled Auction Process to Sell Manufacturing Companies is Discussed by Fran Brunelle of Accelerated Manufacturing Brokers"},"content":{"rendered":"
\"Controlled<\/a><\/div>\n

According to Fran Brunelle, President of Accelerated Manufacturing Brokers, discussed whether mergers & acquisitions professionals should use a controlled auction process or timed process to sell manufacturing companies. Read more here<\/a>. <\/p>\n

Brunelle explained, “As a mergers & acquisitions intermediary who spent the early part of my career as a machine tool auctioneer, I understand the value of an auction. Auctions create a demand for immediate action. The auction process, whether for the sale of machine tools or a complete ongoing business, can accelerate the timing of completion. Auctions work because they create the belief among potential buyers that unless they act immediately, they’ll lose an incredible opportunity. Competition has the potential of driving prices up. However, an auction or timed process only works if the best candidates are participating.” <\/p>\n

Auctions only work with participation from the best potential buyers. Logical questions when considering if a controlled auction process is right for the sale of a manufacturing company are: <\/p>\n