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Business
South Carolina Business Review

Are higher interest rates affecting mergers and acquisitions?

By Mike Switzer
Published April 28, 2023 at 5:30 AM EDT
South Carolina Business Review
SC Public Radio

Over the past few years, we have seen a lot of mergers and acquisitions among small to medium-size companies. Our next guest says that the higher interest rate situation is beginning to slow down this activity. Mike Switzer interviews David Moore, CEO at BlueChip Mergers and Acquisitions in Charleston, SC.

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Mike Switzer
After almost 20 years, Mike Switzer retired from Wells Fargo Securities in 2001 as Senior Vice President/Investment Officer and Certified Portfolio Manager. In 1999, he and his wife, Maggie, purchased and operated for eight years the Baskin Robbins ice cream store on Forest Drive in Columbia. They grew the store from a bottom-tier operation in the Baskin Robbins franchise system to one in the top 5% nationwide within three years, tripling sales along the way. While operating the ice cream store, Mike and Maggie received patents for a portable ice cream sink and fold-down sneezeguard they invented and in 2002 started Magnolia Carts, an ice cream cart manufacturing company, which they sold in 2013.
See stories by Mike Switzer