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Association merger activity on the increase in recent years

Unlike in the corporate world, there are no hostile takeovers among associations. No stock swaps, no cash tender offers, no proxy fights.But there can be synergies, and an increasing number of associations have been trying to achieve them through mergers and acquisitions in recent years.“We’re seeing tons and tons of interest,” said Jay Younger, CEO at McKinley Advisors with three decades of experience in associations.“It is dramatically more active in terms of M&A than in the past. Ten years ago, this was not a thing, outside of buying or selling events. Today, it’s not uncommon for us to have four or five merger discussions going on at any given time. It’s happening in trade… Read More