Interesting article in the WSJ deal book this morning - basically confirming what we have been seeing in the market place. In sum: deals are trending downward in size, and the lower-middle market remains surprisingly strong.

The simple reason? Less leverage on deals. Historically these companies have transacted for far lower multiples than their PubCo and much larger cousins. And in an

Clear Rock has been retained by a field machining and power plant services company to pursue a sale of their business.  The company's revenues tend to be well insulated from market pressures, as the majority of service is conducted on an emergency basis.  The company is very synergistic with either traditional machine shops, or other speciality trades that service the power plant and utilities