| •6/10/2000 |
Event Equipment Rentals |
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Established for over thirteen years this highly profitable business serves over 250 corporate and private events per year with tents, tables, chairs and other special event equipment. This business was purchased by a successful auction house as a profit center and as a supplier for their business' event needs. |
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| •4/1/2001 |
Medical Claims Collections |
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Started only in 1999 this fast growing regional medical revenue recovery company specializes in past due collections for medical groups and home healthcare providers. One of the original owners wanted to sell, but the other partner was interested in staying involved in the business. We developed a buyer with experience in accounting and in medical billing that was enthusiastic about keeping the active partner involved. They agreed to a partnership in the new enterprise with the former partner maintaining a minority interest and an employment contract. The new partners are growing the business faster then expected and are very pleased with the transaction. |
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| •1/2/2002 |
Medical Billing and Accounts Receivable Management |
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This business provides medical billing and accounts receivable management services to specialty practices. Fees generated exceed $950,000 with EBITDA of $240,000. Acquirer was a Wall Steet attorney seeking a lifestyle change. The owner accepted cash and a short-term note. |
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| •10/31/2003 |
Niche Construction Company |
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With revenues exceeding $2 million last year this sixteen year-old business specializes in the custom design and construction of high quality post frame structures. Typical uses for such buildings are garages, barns, horse stables, and kennels as well as commercial buildings such as garden centers and multi-use buildings. The new owners have accelerated advertising in regional up-scale lifestyle magazines, and in local newspapers. In addition to reaching high-income homeowners they are emphasizing commercial construction through promotions with area architects. A new energy has been injected into this business with expectations for a 25% increase in sales the first year. |
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| •1/7/2004 |
Specialty Foods |
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Starting from a successful platform the new owners are embarking on an innovative wholesale distribution plan. Capitalizing on the experience of the new management with major chains they are opening distribution through regional supermarkets and specialty food stores. This business is poised to grow rapidly with new energy, resources and markets. |
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| •1/9/2004 |
Sanitary Paper Products and Janitorial Supplies Distributor |
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The goodwill value of this business was in the extensive active and inactive customer base. The buyer operates a commercial and industrial janitorial business and saw opportunities to introduce new consumable products to their existing accounts, and to offer new services to our client's customers. A powerfull and profitable synergy emerged. |
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| •6/11/2004 |
Flooring Installation Tools and Supplies Distributor |
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The sale of this business to a similar sized company ($5 million in revenue) in a contiguous region results in a merged company with dominent market share. The combined companies have become the largest flooring tools and supplies distributor to the trade in eastern Pennsylvania, with plans to rapidly expand revenues and profits over the next three to five years. |
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| •6/24/2004 |
A Goddard School franchise |
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This school was sold to the owner of another successful Goddard school. In order to secure the highest price for the business the seller accepted a promissory note with an early payment provision which provides the buyer with a discount if paid early. The balance of the payment was made with buyer equity and an SBA loan. |
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| •2/17/2006 |
Precision Metal Fabricator |
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Company is a precision sheet metal fabrication business, non-HVAC, serving the custom design and production component needs of industrial and commercial accounts throughout the mid-Atlantic region. The buyer is the former regional general manager of a national metals distributor who brings operational and sales experience to this business. The parties entered into a lease with an option for the buyer to acquire the property within a specific period of time. |
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| •2/15/2007 |
Flexographic Plate Design and Manufacturer |
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Sold to an entrepreneur with extensive marketing experience unrelated to this company's core business, his organizational and marketing skill provided the company with a much needed new energy for expansion.
New markets have emerged through an updated website, and website optimization resulting in opportunities throughout the U.S. for this company's products; some of which are unique uses of their technology.
They are currently looking to expand more rapidly through the acquisition of a competitor. |
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| •6/12/2007 |
Industrial and Commercial Water Treatment |
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This company was sold to a newly formed division of an industrial pump manufacturer with business interests synergistic with the seller. The new management will emphasis commercial building boiler and cooling tower systems over the previous owner's emphasis on a shrinking industrial market. |
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| •6/17/2008 |
Document Translation and Language Instruction |
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The business was sold to a partnership of two professionals from the industry with plans to expand within their existing market as well as to promote the business internationally through the Internet. |
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