A Good Problem.

The phrase, "Too much of a good thing..." comes to mind, but doesn't quite work here. "A Good Problem" seems like a better fit.... and I'm talking about the influx of business we've been getting over the past several months.  

Traditionally, summer months - particularly late July and August - have been the slow times.  In fact, I always kinda looked forward to July and August, not just for the agreeable weather, but also for the chance to take a breather from the pulsating software M&A business.  Somthing about this summer... about this time - pseudo-post recession, in a world where tech companies still have LOTS of money to spend - has left us without a moment to come up for air.

Frankly, I'm not complaining... I'd rather be busy than bored.  But, there was a headline that caught my attention, alluding to the title of "Alleycat Bankers".  The 451 group is presupposing that Boutique M&A firms (like Corum) are scrounging for deals -- having to cutthroat one another and lunge at the opportunity to pitch their services to the next hot prospect.

The article further points out that Boutiques are playing less-and-less of a role as advisors.  Re-worded, their services are in less demand than they were in the 2007 timeframe.

I dunno about all this.  Maybe Corum is excluded from these data points based on our long history, focus, and market niche.... but I certainly have only witnessed a heavier deal flow in the past 12-18 months than previous market swells.  That said... we aren't a startup Boutique, and we maintain a high market visibility for potential clients.  Thats good, right?

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