Letter from Our Chairman
The dog days of summer are upon us and the hot business activity we are seeing these days includes the increase of activity in the private equity market and the relocation of companies to Texas.
We are optimistic about the Texas business environment, despite interest rate sensitivity. As we keep an eye on market volatility and rising inflation, we are also seeing a return to normalcy in some sectors. We’re seeing activity in private equity as businesses are eager to acquire or sell, depending on their long-range business strategies. And we are here to help in the planning and the execution.
After the 2020 private equity slump due to Covid, mergers and acquisitions by Texas dealmakers boomed last year, according to The Texas Lawbook. Both the values and the number of transactions exceeded expectations with energy, technology, and manufacturing companies leading the way in M&A activity. And experts predict the same high level for this year.
Texas has also become a hotbed of relocation for California companies, and we have been helping clients convert their business entities to reflect their new Texas status. As tech companies are relocating, we are seeing female entrepreneurs claim Texas as their headquarters, specifically in Houston. Houston was recently ranked the third-best city in the U.S. for women in tech, and ranked fifth among the world’s top 100 emerging ecosystems for startups.
Lastly, we welcome our new office coordinator Isha Cotton to the BoyarMiller family.
Hope you are finding time to relax this busy summer. Remember we are here to help you through the business challenges that may come your way.
Firm Chairman Chris Hanslik shares news and the latest happenings at BoyarMiller. Watch now to see what the firm is celebrating and more.
“If you want a law firm that’s passionate about being the best lawyers that they can be, building relationships that are long-lasting, and making a meaningful difference in people’s lives, then BoyarMiller is the firm for you.”
Chris Hanslik, Firm Chairman