BCAST: Deal flow is picking up again

Welcome to the JackQuisitions newsletter,

Operators are starting to move again.

Over the last few months, Alan Peterson at First Internet Bank has seen acquisition activity pick back up across the skilled trades and manufacturing sectors.

Sellers are finalizing their 2025 financials and finally bringing businesses to market, which is creating more real acquisition opportunities.

At the same time, first-time buyers are still getting deals approved. And with that in mind, the buyers gaining the most traction right now usually have a few things in common:

• Experience managing people, budgets, or operations

• Leadership experience in similar service-based environments

• Clear financials and realistic acquisition expectations

• A bank prequalification letter that shows they’re serious

That last point matters more than ever.

Sellers are getting flooded with low-quality LOIs and tire-kickers. A prequalification letter immediately separates serious buyers from everyone else.

Alan and his team have been helping operators get prepared early so they can move quickly when the right opportunity hits the market.

If you’re considering an acquisition in HVAC, plumbing, electrical, manufacturing, or another skilled trade, now is a great time to start the conversation.

👊 John