2024 Best Post-Transaction Performance Award Application
Introduction
Welcome! We’ve designed this application process to be as simple as possible for you to complete with hopefully minimal demands on your time. (We know you and your team are busy!) Importantly, this application process does not require you to share any confidential or proprietary information about your firm or your acquisition.
However, you will need to gather the following information about a single, high-performing acquisition of your choosing that your firm made between January 1, 2018, and August 1, 2023:
1. Net revenues for the 12 months prior to the transaction and the 12 months immediately after the transaction.
2. Profit* for the 12 months prior to the transaction and the 12 months immediately after the transaction.
* Note: You may define profit in any way that you choose (i.e. pre-tax profit, operating profit, EBITDA, etc.) – so long as you use the same definition for both time periods and the metric represents profit after staff/employee/non-owner bonuses have been paid.
3. Net backlog at the time of the transaction and at 12 months after the transaction.
4. Voluntary turnover rate for the 12 months prior to the transaction and the 12 months immediately after the transaction.
Don’t have performance information for all four of the indicators? Don’t worry. You can still submit an application.
Once you’ve gathered this information you’re ready to begin the simple eight step application process as follows (which should take you no more than 20 minutes to complete!):
Step 1: Tell us about yourself and your firm. (who you are, contact info.)
Step 2: Tell us about your chosen acquisition. (size, goals, description of how you improved performance)
Step 3: Enter the net revenue performance for the acquisition.
Step 4: Enter the profit performance for the acquisition.
Step 6: Enter the backlog performance for the acquisition.
Step 7: Enter the voluntary turnover rate performance for the acquisition.
Step 8: Hit “Submit” to calculate the Acquisition Performance Indicator (API) for your chosen acquisition. The API is calculated by adding the results from each of the performance metrics.
The API for your chosen acquisition will be compared with those of the other applicants in your acquisition size category. There are three size categories – acquisitions up to $10 million, acquisitions between $10 and $50 million, and acquisitions greater than $50 million. The applicant in each size category with the highest API will be the recipients of this year’s Best Post-Transaction Performance Award.
A note before you begin:
If you begin filling out a form but leave before completing and submitting the application, there’s a chance that the information you’ve entered in the various fields could be lost. To avoid this potential loss of data, it’s recommended that you gather all the necessary information beforehand and ensure you have the time to complete the application in one sitting.
The application window is open until September 13th.
Ready? Let’s begin!