Member Article

Yorkshire deals site sees upsurge in activity

The newly revamped Yorkshire ‘online dating’ site for business buyers www.dealconnections.co.uk is seeing increased activity this week as people return from Christmas and start to reconsider their options, awakening their ‘inner entrepreneur’.

James Waterhouse, who founded the Ilkley-based dealconnections, says: “There are a couple of times a year when people really get dissatisfied with their working life: after Christmas and the summer holidays.

“We’re seeing that dissatisfaction reflected in activity on our site, as talented would-be entrepreneurs make the resolution to run their own business. At the same time, businesses that have seen great success in the run up to Christmas often see the new year period as a great time to sell”.

Currently there are high net worth investors out there looking to back management teams in building up or turning around businesses with a good history but who have fallen on hard times. This is often seen as a much safer approach than backing a start-up, providing significant opportunity to the would-be entrepreneur.

dealconnections was launched in July 2014 to bring together business buyers and sellers. It provides the most comprehensive view of businesses for sale ever offered from one online source, and is the only place in the UK users can go to see a complete view of the market.

James continues: “dealconnections is the perfect resource for experienced investors and Private Equity firms, but also for entrepreneurial individuals that are fed up of working for other people and are looking to dip their toe in the water.

“Our aim is to connect potential buyers, MBI candidates and investors to business opportunities across the UK.

“We have access to the vast majority of business sale opportunities on the market between a few hundred thousand pounds and £30M. We can assist MBI candidates, investors and potential acquirers identify and complete profitable deals in every market sector, across the whole of the UK.

“So, whether you want to take over an engineering firm in the Midlands or run an online retailer in Manchester, take over a glossy London advertising agency or a cosy pub in the Cotswolds it’s all there on dealconnections.”

To gain visibility on the 85 per cent plus of the market that dealconnections offers, an investor would have to maintain relationships with 650 entities and 15,000 people.

This was posted in Bdaily's Members' News section by Robert Beaumont .