E-Newsletters and Reports

Cherry Tree produces e-newsletters/quarterly reports in the following industry sectors: Technology Enabled Business Services, Education For-Profit, Information Technology Services and Industrial Products & Services.

If you are interested in being added to our distribution list for one of our e-Newsletters or Quarterly Reports, please fill out the form to the right and indicate which report or newsletter you are interested in receiving.

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The Education For-Profit monthly e-newsletter monitors M&A, financings, and valuations in the Pre-K-12, Postsecondary, Corporate Training, and Education Products and Services Providers segments. For-profit education currently comprises more than 10% of the roughly $1 trillion that is spent on education in the U.S. annually, and this percentage is growing. Cherry Tree created the Education For-Profit 50 Index representing a group of publicly traded for-profit education companies.

2019 EFP Newsletters
October  September  August  July  June  May  April  March  February  January 

2018 EFP Newsletters
December  November  October  September  August  July  June  May  April  March  February  January  

Chad Johnson
Managing Director, Investment Banking
Cherry Tree & Associates, LLC
Direct: 952.253.6010


The TEBS e-newsletters and quarterly updates are focused on the Technology Enabled Business Services (TEBS) space, which Cherry Tree divides into four segments: Software, Business Process Services, Information Services and Infrastructure Services. Each issue of the newsletter highlights transactions involving TEBS companies. Quarterly updates include detailed operating and valuation metrics of the TEBS 100, an index of 100 publicly-traded TEBS companies.

2019 TEBS Newsletters
October September  August  July  June  May  April  March  February  January

2018 TEBS Newsletters            
December  November  October  September  August  July  June  May  April  March  February  January 

Recent TEBS Quarterly Updates
Q3_2019  Q2_2019  Q1_ 2019  Q4_2018  Q3_2018  Q2_2018  Q1 2018
Q4 2017   Q3 2017   Q2 2017

Mik Gusenius
Director, Investment Banking
Cherry Tree & Associates, LLC
Direct: 952.253.6005


Cherry Tree & Associates tracks key macro-economic statistics, performance data, valuation metrics, and M&A trends for the global diversified industrials market. The Industrial Products & Services report, released quarterly, monitors hundreds of public companies whose trends affect middle-market companies.

Quarterly Reports
Q3_ 2019  Q2_2019  Q1_2019  Q4 2018

Dave Latzke
Managing Director, Investment Banking
Cherry Tree & Associates, LLC
Direct: 952.253.6032


The Consumer Sector M&A report provides the latest facts and figures about the economy with a focus on: C0nsumer Products, Food and Beverage, and Direct-to-Consumer. Each issue includes M&A transactions, public company valuation data plus a few thought-provoking articles about M&A and the Consumer Sector.

Consumer Reports

Steve Ruelle
Managing Director, Investment Banking
Cherry Tree & Associates, LLC
Direct: 952.253.6036


The IT services industry M&A report is focused on the major segments of this dynamic and growing market: Consulting, Outsourcing, Systems Integration, Staffing, and Security. Emerging segments like Outsourced Product Development and Digital Agencies are covered as well. Each issue includes a quarterly summary commentary on M&A trends, highlights notable transactions involving IT services companies and the IT Services Performance Index, representing a group of 60 publicly traded companies.

IT Services Reports
Q3 2017   Q2 2017   Q1 2017   Q4 2016 

Elmer Baldwin
Managing Director, Investment Banking
Cherry Tree & Associates, LLC
Direct: 952.253.6001

PERSPECTIVE NORTH–North Central USA Viewpoint

Our Perspective North newsletter plans to provide business commentary and information of interest to promote discussion and good decision-making.

John Bergstrom
Managing Director, Investment Banking
Cherry Tree & Associates, LLC
Direct: 952.253.6027