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...
Selling your business is a difficult thing to do. This business, whether retail, manufacturing, or service has been your baby for many years. You’ve seen it through good and bad times, made friends because of it, and have lived a comfortable life while working for yourself. But there comes a time when selling that business...
There are three primary considerations when approaching such a transaction: how to maximize the seller’s economics, how to time the market and how to make the business financially attractive to buyers willing and able to pay the most. This paper by Dan Mulvaney, CPA (inactive), MBA, Sunbelt Business Advisors tells you how a manufacturing business...
