Vantage Bank has the resources + knowledge to help San Antonio business owners navigate LBOs. | Photo provided by Vantage Bank
If you’re a business owner, you are most likelyalways thinking about how to grow your business —or maybe when + how to make your exit. Whichever direction you’re heading, the stakes are high. Take the right steps and you could be looking at enhanced profit and a secure future; take the wrong ones and you could jeopardize everything you’ve worked hard for.
But what if there was an approach that could serve as either a strong acquisition strategy for a buyer or a smart exit strategy for a seller?
Before we lose you to the lingo — hear us out. An LBO could be the solution that results in the best outcome for your business.
An LBO enables a buyer to acquire a company using less cash, and the seller gets a smooth exit from their business (with terms that reward them for the company they have built).
If you’re looking to buy a business, you may be asking yourself:
Can I handle this much debt?
Am I overpaying?
What are my first steps?
If you’re a seller, it’s natural to question if now is the right time to sell, or wonder what you expect from the process.
The good news: A bank (like Vantage Bank) can help.*
This content is sponsored by Vantage Bank. If you are interested in mergers and acquisitions through leveraged buyouts for any kind of business, Vantage Bank can help you feel confident in your decision.
Break Fast & Launch Dinner Day | Monday, Dec. 5 | 6-8:30 p.m. | Brick at Blue Star, 108 Blue Star, San Antonio | Free | Celebrate and taste the newest culinary businesses in the 210.
Christmas in Black | Monday, Dec. 5 | 7-9 p.m. | Ella Austin Community Center, 1023 N. Pine St., San Antonio | $15 | Take part in an evening of holiday splendor curated by African-American creatives.
Tuesday, Dec. 6
Monster Mix and Match | Now-Sunday, Jan. 8 | 10 a.m.-5 p.m. | The DoSeum, 2800 Broadway St., San Antonio | Free with general admission | Unleash your creativity while interacting with various monster characters through giant blocks, a lighted drawing table, co-drawing game, and much more.
Wednesday, Dec. 7
01 Farmer’s Market at Woodlawn Pointe | Wednesday, Dec. 7-Wednesday, April 26 | 1-6 p.m. | Woodlawn Pointe, 702 Donaldson, San Antonio | Price of purchase | Browse this neighborhood market for farm-fresh produce, local baked breads, pickles, and other pantry staples.
Thursday, Dec. 8
East Side Small Business Networking Event | Thursday, Dec. 8 | 5:30-7:30 p.m. | The Dakota East Side Ice House, 433 S. Hackberry, San Antonio | Free | Network and learn how the Women’s Business Center can help small businesses grow.
Geeks Who Drink | Thursday, Dec. 8 | 7-9 p.m. | Tech Port Center, 3331 General Hudnell Dr. , San Antonio | Free | Geeks Who Drink brings the nation’s best live-hosted pub quiz to Tech Port Center every Thursday, starting Thurs., Dec. 8.*
Friday, Dec. 9
Elf | Friday, Dec. 9 | 7:30 p.m. | Tobin Center for the Performing Arts, 100 Auditorium Cir., San Antonio | Free | Bring your own lawn chair or blanket and enjoy the movie on a 32-ft LED video wall.
Sinatra Under the Stars | Friday, Dec. 9 | 7:30-9 p.m. | Grand Hyatt San Antonio River Walk , 600 E. Market St., San Antonio | $40-$70 | Professional local musicians perform Frank Sinatra’s classic hits.
Saturday, Dec. 10
All Bad Bunny Everything | Saturday, Dec. 10 | 9 p.m. | Paper Tiger, 2410 N. St. Marys St., San Antonio | $18-$25 | Check out this Bad Bunny-themed dance party at The Strip.
Sunday, Dec. 11
117th Deutsche Weihnachtsfeier | Sunday, Dec. 11 | 5:30-7 p.m. | Trinity University, Marguerite B. Parker Chapel, 1 Trinity Pl., San Antonio | Free | Sing Stille Nacht, O Tannenbaum, and other Christmas carols in German.
We have a calendar filled with events and activities you can plan for in advance. Click the button below to bookmark ideas for upcoming date nights, family outings, and time with friends.
The long-awaited Arboretum San Antoniowill set its roots down at a former golf course on the Southeast Side. Once complete, the arboretum will allow native (and non-native) trees to grow and be enjoyed by visitors and studied by botanists. See the rendering. 🌳 (San Antonio Report)
The Tobin Estates is gearing up for Phase III of its remodeling project. According to a public filing, this $40 million plan will focus on the construction of two new buildings and a pool house. Construction is expected to be completed by March of 2023.
Eat
Plantaqueria, a beloved plant-based breakfast taco supplier, announced its new brick-and-mortar location downtown. An retail space on the corner of Travis and Broadway will serve at its first-ever storefront. While we wait for a grand opening, you can find the taqueria’s current drop-off list online. 🍽️
Ranked
Trips to Discover — a digital travel magazine — named SATX among the Top 10 Christmas Towns in Texas, citing popular spots to visit during the holidays. Think: Strolling down the River Walk illuminated by twinkling lights. Fredericksburg and Wimberley also appear on the list. 🎄
Health
A new study conducted by two Trinity University professors says the economic impact of San Antonio’s health care and bioscience industries have topped at $44.1 billion. Based off 2021 data, the study shows one in every five SATX workers is employed by these industries. 🥼 (San Antonio Business Journal)
Cause
In the spirit of the upcoming season of giving, Habitat for Humanity of San Antonio and Guadalupe Valley is asking San Antonians to help them give the gift of coming home. Here’s how you can help: Volunteer or donate to the nonprofit, or apply for a home if you or a loved one needs access to affordable housing. 🤝*
Health
The final days for selecting your 2023 Medicare planare here. The deadline to enroll is this Wednesday, Dec. 7. Need help enrolling?HealthTexas Primary Care Doctors can help. Call (210) 731-4864 for more information + to get the guidance you need.*
We can’t stop thinking about the luxurious floral embroidery on this beautiful red and black dress — and it would be perfect to wear to Ballet San Antonio’s “Nutcracker” performances, too. The best part? It can be in your closet by Saturday with code RTRx6AM.*
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Answered: According to the 2022 M&A Report, through the end of July, companies announced slightly more than 22,000 deals, with a total value of $1.73 trillion.
Editor’s pick: Last week, I had the opportunity to visit Drank, a new soda pop shop in the 210 with a Texas flare. I, along with Sales Exec. Carolyn, got to try two flavors, La Chancla and El Gringo. If you’re in the mood for a “drank” and also on the go, head to its drive-thru lane.
Missed our last newsletter? Learn about what a perfect score on the Municipal Equality Index means for LBGTQ+ people in San Antonio.
Connect with us.
Editorial:Ivan Briones, Dayten Rose, Josh Kranzberg, Emily Shea | Send us a scoop, question, or feedback.
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* This content is paid advertising, or contains links to our Six & Main marketplace, or affiliate partners which we may receive a commission from. ^ This content is created by our content studio.