Seattle Business Magazine for Cascadia Capital
November 1, 2011
Michael Butler has an effective tool for assessing the health of the mergers and acquisitions market: the number of unsolicited calls to his investment banking firm from private-equity funds looking to do deals.
In the pre-recession days of 2007, Seattle-based Cascadia Capital, where Butler is chief executive, might receive 35 to 45 calls a week “from funds saying, ‘Hey, I’ve got money to buy companies. What do you have? What are you working on?’”