Blog adapted from MPMA.com | Written by Melissa DeBilzan Klesk Metal Stamping had been a family-owned business for three generations — enough time to specialize in precision parts that were sent to the moon. But when cousins Bret and Duke Klesk decided to retire in 2022, there wasn’t a fourth generation to carry the torch,...
Founded in 1989, Design Ready Controls has grown into a leader in control panel manufacturing. With six manufacturing facilities and over 550 employees, their commitment is providing the highest quality products and services to OEM’s in Commercial Heating Ventilation & Air Conditioning (HVAC), building automation and power generation and many other industries. With a growth...
Our very own President of True North M&A, Michael Hubsmith, joined Minneapolis-St. Paul Business Journal for a discussion panel on mergers and acquisitions. Mergers & Acquisitions in 2025: Key Insights from Industry Experts A recent Minneapolis-St. Paul Business Journal panel featuring experts from Winthrop & Weinstine, Hellmuth & Johnson, True North M&A, and North Risk...
By: Bob Harris, M&A Advisor, M&AMI, Industry ExpertAlso published in BLD Connection: Key Factors That Make a Lumberyard/Building Center More Valuable - default - BLD Connection I have advised many lumberyard and building center owners when they are ready to exit their businesses and am often asked to provide an opinion of value. The value...
By: Matt Sobieski, CPA, Business Broker, Industry Expert The market for buying and selling CPA firms has evolved significantly. What was once dominated by peer acquisitions has now attracted private equity and strategic buyers, leading to higher purchase prices and better terms for sellers—often with 50-80% cash at closing and equity rollover options. Sunbelt has...
Author: Derek Brown President Brown & Associates Wealth Management You have worked hard for many years to build your business to a point to one day have the financial freedom to work less or not at all. Now, you are considering selling your business in hopes of obtaining that financial freedom. This new phase of...
News Release | Contact: Kent Kaiser 651-338-1777 MINNEAPOLIS – July 21, 2022 – Sunbelt Business Advisors President Chris Jones today announced that Sunbelt has been honored as among the “Best Places to Work,” according to annual rankings published by the Minneapolis St. Paul Business Journal (MSPBJ). MSPBJ wrote, “In 2022, we are honoring 20 companies in the...
News Release | Contact: Kent Kaiser 651-338-1777 --First Time in History That One Firm Has Swept All 3 First-in-Class Awards MINNEAPOLIS – May 23, 2022 – Sunbelt Business Advisors President Chris Jones announced that the firm was awarded all three first-in-class team awards bestowed by the International Business Brokers Association (IBBA). The awards were announced at the...
Minnesota merger-and-acquisition activity rebounded in a big way in 2021 Mergers and acquisitions involving Minnesota-based companies were white-hot and widespread in 2021. Deal price and volume reached levels that were among the highest since 2000. And numerous industries got in on the action, according to Business Journal research. [...] "We’re seeing historic levels no matter...
