Pac Premier
Giving Guide
You are here:  Home  >  Current Article

Small businesses get into acquisition mode

By   /   Monday, November 2nd, 2009  /   Comments Off on Small businesses get into acquisition mode

    Print       Email

The most obvious effect of a recession is that some businesses go away. Weak business plans, poor management or just being in the wrong industry at the wrong time can force companies under.

But a recession also offers strong businesses large and small an opportunity to expand and to grab market share and offer customers more services. Santa Barbara-based small business Jensen Audio Visual has done just that, acquiring a closed-circuit-television surveillance company called TKBIT on Oct. 21.

And Jensen is not alone. Yardi Systems, a Goleta software company with $165   million in 2008 revenue, said Oct.  26 that it acquired another firm. Here’s a closer look at each deal.

The full version of this article is only available in the print edition. To view everything the Business Times offers, see this week’s print version or SUBSCRIBE to the print edition for $49.99 today.

    Print       Email