Contemplate The Future
Insights by Peter Watson.
Another year draws to a close and inevitably it’s a time to take stock. At Prism we’ve noticed a definite pick-up in activity from 2023 and remain at full speed going into 2025.
We were delighted to conclude another two acquisitions for Milbank Group this year, meaning we’ve now helped them add ten businesses to their growing portfolio and hope to complete another early in the New Year.
In terms of business sales, the year started well with the announced sale of Springboard PRO, a medtech design consultancy. B2B software and IT services remains a dominant theme for us – with the sales of IT managed services provider, Technology Means Business, and health screening SaaS developer, Thomson Screening Solutions, among others. We are pleased to be working with a host of new clients across the tech sector and beyond. We also welcomed Charles Lamport-Beale to our team as Corporate Finance Assistant, so 2025 promises much.
The period between Christmas and New Year is generally a good time to take stock and you may well be doing the same for your businesses. Perhaps this year you might utilise some “Green Hat” Edward de Bono thinking to help explore your future options. What if you were prevented from going back into work? What would you do? Can you imagine a life without the business in tow?
Even if you are loving your business, it is good to start thinking about alternative futures, so that you can begin to mould the business and set it on the right path to reach your goals.
In the New Year, when you’ve had a chance to think about the future, book a 1-to-1 Chat with us to discuss your ideas and what you would like to achieve. Clients find us a useful sounding board and we might just help you to clarify what you want from your business. We’re also hosting a live webinar in February – do join us and learn how to increase the value of your business prior to selling.
We are delighted to make our donation this year (in lieu of Christmas cards) to Dementia Carers Count. This small charity provides vital advice, support and training to those who care for people with dementia.
Finally we end with Season’s Greetings from all of us at Prism! We wish you all a happy and successful 2025.