Similar to national trends, the Quad Cities has seen an uptick in mergers and acquisitions among our local companies. The Quad Cities Chamber worked with several local companies that are considering the acquisition of other local companies. Examples include businesses that are purchasing another business including retaining employees, while others are purchasing equipment and a book of business from retiring individuals. The Quad Cities Chamber provided financial assistance guidance to these companies in advance of the mergers and acquisitions.
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|
July-September 2019 |
July- September 2020 |
|
Business Retention & Expansion Projects |
4 |
8 |
|
Business Attraction Projects |
14 |
16 |
|
Business-to-Consumer Projects |
N/A |
3 |
|
Total Projects |
18 |
27 |
|
|
|
|
|
Primary Industry Outreach Calls |
37 |
37
|
|
Technical Assists |
132 |
201 |