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From the M&A Glossary: Sale Leaseback
July 20, 2024 / in Business Strategy, Exit Planning / by Exit Strategies
A Sale Leaseback is a financial transaction in which a company sells an asset, usually real estate, to another party and then leases it back from the new owner for a negotiated period and other agreed upon terms. This arrangement allows the seller to convert the value of the asset into cash while retaining the right to use the asset through a lease agreement. Sale leasebacks can be advantageous for companies looking for a source …
Why Business Owners Sell, According to the Data
July 15, 2024 / in Exit Planning, Sell a Business / by Al Statz
Retirement is the number one reason business owners sell, but 40 to 50% of business owners sell for other reasons. For over a decade, the IBBA and M&A Source Market Pulse survey of M&A advisors and business brokers has been tracking what motivates owners to sell their businesses. And the reasons have been fairly consistent over the years. After retirement, these are the leading reasons according to the survey: 1. Burnout The long hours and …
Exit Strategies Group Advises Kim Controls in Sale
July 15, 2024 / in News, Sell a Business / by Al Statz
Exit Strategies Group recently served as financial advisor to the owners of Kim Controls, a Minneapolis-based provider of industrial automation solutions, on their sale to Flow Control Group, a KKR portfolio company. Effective July 1, 2024, the acquisition adds talent, technical services, and market coverage to FCG’s industrial automation group. Terms of the transaction were not disclosed. Founded in 1971, Kim Controls is a regional automation solutions provider, serving manufacturing clients in Minnesota and northwestern …
New Faces at Exit Strategies Group
July 15, 2024 / in News / by Exit Strategies
Exit Strategies Group, Inc. is pleased to introduce Pete Wilson, Jason Harris, and Ignacio Ochoa as new members of our growing team. Pete Wilson – Business Appraiser Peter Wilson joins Exit Strategies Group as a certified business valuation expert after many years of investment management and business advisory experience. He has been an active private equity investor in growth companies, helping them scale their technology-enabled businesses. Peter has been an active investor, board member, and …
The Exit Podcast: Tactical Acquisitions and the Importance of Scaling Fast with Tony Westfall
June 19, 2024 / in Business Strategy, News / by Exit Strategies
Exit Strategies Group M&A Advisor Tony Westfall recently was hosted on Flippa’s “The Exit Podcast” where he shared his insights on growth acquisitions and the importance of scaling quickly. Tony stated, “I started my career as a big company corporate guy and then transitioned to being an entrepreneur. I always knew that I really wanted to be involved in deal making though. Even as an entrepreneur, my favorite activities were always acquiring other businesses. When …
M&A Advisor Tip: Don’t Let Your Emotions Get the Best of You
June 19, 2024 / in Exit Planning, Sell a Business / by Al Statz
What does it feel like when you sell? “Immense satisfaction tinged with loss.” That’s how one business owner described selling his business. After putting years of hard work and sacrifice into building a successful company, many owners have a hard time letting go. Emotions run high, and those emotions can lead to flawed and regrettable decisions. As M&A advisors, part of our role is to bring specialized expertise and objectivity to help you make sound …
Acquistition Offers Can Vary Widely
June 19, 2024 / in Business Valuation, Sell a Business / by Al Statz
Beauty is in the eye of the beholder; and when it comes to selling your business, value is in the eye of interested buyers. As sell-side M&A advisors, we determine and agree on a probable selling price range with our clients, but we generally don’t set an asking price or discuss our clients’ value expectations with potential acquirers. Lower-middle-market businesses rarely go to market with an asking price. Different buyers see different value in your business; …
Exit Strategies Group Advises Amick Brown in Strategic Sale
May 21, 2024 / in News, Sell a Business / by Mark Harter
Amick Brown LLC, a respected and long-established technology staffing and consulting firm in San Ramon, CA, was recently acquired by Zest LLC, an international technology staffing firm. Exit Strategies Group, Inc. advised the seller in the transaction. Terms of the transaction are confidential. Amick Brown was founded in San Ramon in 2010. The Company provides technology staffing and technology consulting services for government and private sector clients. Customers are located throughout the United States and …
Exploring Donor-Advised Funds for Privately Held Business Owners’ Philanthropy
May 17, 2024 / in Business Strategy, Business Valuation / by Joe Orlando
For business owners of privately held companies seeking a seamless and impactful way to contribute to charitable causes, Donor-Advised Funds (DAFs) have emerged as a philanthropic and tax-efficient solution. These vehicles offer a flexible and tax-efficient way to manage charitable donations, allowing donors to make contributions to a fund and then recommend grants to their favorite charities over time. Many people have successfully used DAFs to support the causes they care about, and there are …
Exit Strategies Group Advises Dynamic Solutions in Sale
May 15, 2024 / in Exit Planning, Sell a Business / by Al Statz
Exit Strategies Group has advised the owners of Dynamic Solutions, a California-based provider of industrial automation solutions, on their recent sale to Valin Corporation, a subsidiary of Graybar. Effective May 1, 2024, the acquisition significantly expands and adds technical capabilities to Valin’s automation and robotics group. Established in 1998, Dynamic Solutions specializes in precision motion control, machine vision, and collaborative robotics. Their team has over 120 years of combined experience in the industry. Dynamic Solutions …