Salt Creek Capital Acquires IT Assist, Inc. MINNEAPOLIS, MN – August 1, 2020 – Sunbelt Business Advisors (“Sunbelt”) served as the exclusive financial advisor to IT Assist, Inc. (IT Assist), a leading provider of outsourced technology services to companies headquartered in the greater Philadelphia metro area, in connection with a sale of the Company to...
Private Equity Groups Continue to Target Precision Industry Savvy private equity groups continue to move into the precision manufacturing industry. Pine Island Capital Partners, LLC (partnering with Bain Capital Credit, LP), a Washington D.C. PEG agreed to a buyout to acquire Precinmac Precision Machining. Precinmac is a four-division precision shop with locations in the US...
MINNEAPOLIS – January 14, 2021 – Sunbelt Business Advisors (“Sunbelt”) served as the exclusive financial advisor to Material Distributors, Inc. (MDI), a wholesale distributor of building materials based in Marshall, Minnesota, in connection with a sale of the Company to Amerhart. MDI’s primary service areas are Southwest and Central Minnesota, Eastern South Dakota, and Northwest Iowa. The...
Most business owners do a terrible job when it comes to selling or otherwise transitioning from their businesses. Consequently, they are leaving tremendous amounts of money on the table. Consider the following statistics from a recent Exit Planning Institute (EPI) survey. 80% to 90% of most business owners’ financial assets are bound up in the...
Expertise to Leverage and Benefit Upper Midwest Business Transaction Market MINNEAPOLIS – May 1, 2019 – Sunbelt Business Advisors today named Brian Slipka Chairman and CEO, effective May 6, 2019. Slipka comes from TCF, where he most recently served as senior executive officer of TCF Technology Finance and formerly as chief revenue officer of...
For business owners, one of the most important decisions made is how to best grow your business. However, growth can be a complicated proposition. How can you best achieve your desired growth goals? By adding more clients, more staff, new product and/or service offerings? Expanding into new verticals or new geographic markets? For a closely...
If you own a business you can prepare for the sale of that business by identifying your company’s weaknesses and fix them, or let the buyer take on those challenges. What you decide depends on your energy, finances and what you want to net out of the sale. Sellers with business advisors, such as Sunbelt...
Often acquisitions fall apart within 24 hours before the close. And the lack of a comprehensive integration plan can spell disaster for the newly combined organization. Acquisitions are a great way to achieve cost advantages, grow revenues rapidly, acquire sets of skills and technology or a strategic strategy to promote growth. But there are three...
Mergers and Acquisitions are finally emerging from the dark ages. Today’s middle-market CEO’s have more transparency into deal-related information and relationships than ever before. Successful investors and buyers proactively connect with CEOs to discuss opportunities/ peer networks and online platforms provide CEOs access to industry data and trends; and CEOs meet capital provider at industry...
