.tb-grid,.tb-grid>.block-editor-inner-blocks>.block-editor-block-list__layout{display:grid;grid-row-gap:25px;grid-column-gap:25px}.tb-grid-item{background:#d38a03;padding:30px}.tb-grid-column{flex-wrap:wrap}.tb-grid-column>*{width:100%}.tb-grid-column.tb-grid-align-top{width:100%;display:flex;align-content:flex-start}.tb-grid-column.tb-grid-align-center{width:100%;display:flex;align-content:center}.tb-grid-column.tb-grid-align-bottom{width:100%;display:flex;align-content:flex-end} .wpv-view-output[data-toolset-views-view-editor="8b497bdd4ee8cec50dcfc3a71e3f7596"] > .tb-grid-column:nth-of-type(2n + 1) { grid-column: 1 } .wpv-view-output[data-toolset-views-view-editor="8b497bdd4ee8cec50dcfc3a71e3f7596"] > .tb-grid-column:nth-of-type(2n + 2) { grid-column: 2 } .wpv-view-output[data-toolset-views-view-editor="8b497bdd4ee8cec50dcfc3a71e3f7596"] .js-wpv-loop-wrapper > .tb-grid { grid-template-columns: minmax(0, 0.5fr) minmax(0, 0.5fr);grid-auto-flow: row } .wpv-pagination-nav-links[data-toolset-views-view-pagination-block="f9f36eeef2b1aff0bf70fbf62a561a98"] { text-align: left;justify-content: flex-start; } .wpv-pagination-nav-links[data-toolset-views-view-pagination-block="f9f36eeef2b1aff0bf70fbf62a561a98"] .page-item.active span.page-link, .wpv-pagination-nav-links[data-toolset-views-view-pagination-block="f9f36eeef2b1aff0bf70fbf62a561a98"] .wpv-pagination-nav-links-item-current span.wpv-filter-pagination-link { color: rgba( 68, 68, 68, 1 );background-color: rgba( 245, 246, 248, 1 ); } .tb-button{color:#f1f1f1}.tb-button--left{text-align:left}.tb-button--center{text-align:center}.tb-button--right{text-align:right}.tb-button__link{color:inherit;cursor:pointer;display:inline-block;line-height:100%;text-decoration:none !important;text-align:center;transition:all 0.3s ease}.tb-button__link:hover,.tb-button__link:focus,.tb-button__link:visited{color:inherit}.tb-button__link:hover .tb-button__content,.tb-button__link:focus .tb-button__content,.tb-button__link:visited .tb-button__content{font-family:inherit;font-style:inherit;font-weight:inherit;letter-spacing:inherit;text-decoration:inherit;text-shadow:inherit;text-transform:inherit}.tb-button__content{vertical-align:middle;transition:all 0.3s ease}.tb-button__icon{transition:all 0.3s ease;display:inline-block;vertical-align:middle;font-style:normal !important}.tb-button__icon::before{content:attr(data-font-code);font-weight:normal !important}.tb-button__link{background-color:#444;border-radius:0.3em;font-size:1.3em;margin-bottom:0.76em;padding:0.55em 1.5em 0.55em} .tb-button[data-toolset-blocks-button="f6d557d44e6baed966be3e7b154c1be7"] { text-align: center; } .tb-button[data-toolset-blocks-button="f6d557d44e6baed966be3e7b154c1be7"] .tb-button__link { background-color: rgba( 6, 147, 227, 1 );font-size: 16px; } .tb-button[data-toolset-blocks-button="f6d557d44e6baed966be3e7b154c1be7"] .tb-button__icon { font-family: dashicons; } .tb-field[data-toolset-blocks-field="d17d946038618853ee0507c63cec5b55"] { color: rgba( 155, 155, 155, 1 );margin-top: 20px;margin-bottom: 20px; }  h3.tb-heading[data-toolset-blocks-heading="e70f662907c703e6e3e00aba99f259ca"]  { font-weight: normal;text-decoration: none;text-align: center; }  h3.tb-heading[data-toolset-blocks-heading="e70f662907c703e6e3e00aba99f259ca"] a  { text-decoration: none; } @media only screen and (max-width: 781px) { .tb-grid,.tb-grid>.block-editor-inner-blocks>.block-editor-block-list__layout{display:grid;grid-row-gap:25px;grid-column-gap:25px}.tb-grid-item{background:#d38a03;padding:30px}.tb-grid-column{flex-wrap:wrap}.tb-grid-column>*{width:100%}.tb-grid-column.tb-grid-align-top{width:100%;display:flex;align-content:flex-start}.tb-grid-column.tb-grid-align-center{width:100%;display:flex;align-content:center}.tb-grid-column.tb-grid-align-bottom{width:100%;display:flex;align-content:flex-end} .wpv-view-output[data-toolset-views-view-editor="8b497bdd4ee8cec50dcfc3a71e3f7596"] > .tb-grid-column:nth-of-type(2n + 1) { grid-column: 1 } .wpv-view-output[data-toolset-views-view-editor="8b497bdd4ee8cec50dcfc3a71e3f7596"] > .tb-grid-column:nth-of-type(2n + 2) { grid-column: 2 } .wpv-view-output[data-toolset-views-view-editor="8b497bdd4ee8cec50dcfc3a71e3f7596"] .js-wpv-loop-wrapper > .tb-grid { grid-template-columns: minmax(0, 0.5fr) minmax(0, 0.5fr);grid-auto-flow: row } .tb-button{color:#f1f1f1}.tb-button--left{text-align:left}.tb-button--center{text-align:center}.tb-button--right{text-align:right}.tb-button__link{color:inherit;cursor:pointer;display:inline-block;line-height:100%;text-decoration:none !important;text-align:center;transition:all 0.3s ease}.tb-button__link:hover,.tb-button__link:focus,.tb-button__link:visited{color:inherit}.tb-button__link:hover .tb-button__content,.tb-button__link:focus .tb-button__content,.tb-button__link:visited .tb-button__content{font-family:inherit;font-style:inherit;font-weight:inherit;letter-spacing:inherit;text-decoration:inherit;text-shadow:inherit;text-transform:inherit}.tb-button__content{vertical-align:middle;transition:all 0.3s ease}.tb-button__icon{transition:all 0.3s ease;display:inline-block;vertical-align:middle;font-style:normal !important}.tb-button__icon::before{content:attr(data-font-code);font-weight:normal !important}.tb-button__link{background-color:#444;border-radius:0.3em;font-size:1.3em;margin-bottom:0.76em;padding:0.55em 1.5em 0.55em}   } @media only screen and (max-width: 599px) { .tb-grid,.tb-grid>.block-editor-inner-blocks>.block-editor-block-list__layout{display:grid;grid-row-gap:25px;grid-column-gap:25px}.tb-grid-item{background:#d38a03;padding:30px}.tb-grid-column{flex-wrap:wrap}.tb-grid-column>*{width:100%}.tb-grid-column.tb-grid-align-top{width:100%;display:flex;align-content:flex-start}.tb-grid-column.tb-grid-align-center{width:100%;display:flex;align-content:center}.tb-grid-column.tb-grid-align-bottom{width:100%;display:flex;align-content:flex-end} .wpv-view-output[data-toolset-views-view-editor="8b497bdd4ee8cec50dcfc3a71e3f7596"]  > .tb-grid-column:nth-of-type(1n+1) { grid-column: 1 } .wpv-view-output[data-toolset-views-view-editor="8b497bdd4ee8cec50dcfc3a71e3f7596"] .js-wpv-loop-wrapper > .tb-grid { grid-template-columns: minmax(0, 1fr);grid-auto-flow: row } .tb-button{color:#f1f1f1}.tb-button--left{text-align:left}.tb-button--center{text-align:center}.tb-button--right{text-align:right}.tb-button__link{color:inherit;cursor:pointer;display:inline-block;line-height:100%;text-decoration:none !important;text-align:center;transition:all 0.3s ease}.tb-button__link:hover,.tb-button__link:focus,.tb-button__link:visited{color:inherit}.tb-button__link:hover .tb-button__content,.tb-button__link:focus .tb-button__content,.tb-button__link:visited .tb-button__content{font-family:inherit;font-style:inherit;font-weight:inherit;letter-spacing:inherit;text-decoration:inherit;text-shadow:inherit;text-transform:inherit}.tb-button__content{vertical-align:middle;transition:all 0.3s ease}.tb-button__icon{transition:all 0.3s ease;display:inline-block;vertical-align:middle;font-style:normal !important}.tb-button__icon::before{content:attr(data-font-code);font-weight:normal !important}.tb-button__link{background-color:#444;border-radius:0.3em;font-size:1.3em;margin-bottom:0.76em;padding:0.55em 1.5em 0.55em}   } 
Valuable Insights & Resources for business owners
Insights
What does your M&A advisor expect from you?
You’ve spent a lifetime building your business and the right time to exit has finally made its way to the present. To this point, you’ve done everything correctly: Consulted trusted advisors on the processInterviewed multiple investment bankers and business brokers to lead the processSelected the right firm to represent you based on track record and…
More M&A Coming to the Beer Industry
Editors Note: In the following article, BMI Advisor and beverage industry expert, Cliff Panneton notes that craft brewers need to look at new product lines in order to survive and thrive. While not specifically addressing mergers and acquisitions in this article, Mr. Panneton predicts that these changes hitting the beer industry will drive many players…
Is the Beer Industry Headed for Consolidation?
A brief history of the Beer industry and what that could mean for today’s brewers. (Industry veteran and consultant Cliff Panneton is predicting a bleak future for new and some existing craft brewers. There will be plenty of growth as craft brews take market share away from the Mega brewers, but some micro-brewing companies will…