News Release | Contact: Kent Kaiser 651-338-1777 GARFIELD, Minn. –September 14, 2021 – Sunbelt Business Advisors President Chris Jones today announced that Sunbelt facilitated the sale of Garfield Truss Systems, Inc. to the Oxford Group, a Ramsey, Minnesota-based private equity firm. Led by Mergers & Acquisitions Advisors Mike Wheelock and Nacia Dahl, the Sunbelt team initiated,...
The Fourth of Four Installments in our Series: Managed Service Providers In our previous blog post titled, Why IT Managed Service Provider (MSP) businesses are being acquired, we discussed the current market frenzy over cloud-based technologies and the heightened activity with mergers and acquisitions within the Managed Service Provider industry. In this article, we cover...
As your successful business grows larger and matures, you should always be on the lookout for forces that can diminish its value. New companies and competitors constantly aim at the top dog by identifying and exploiting weaknesses. To mitigate this constant threat, you should do two things. Identify what makes your company valuable.Protect those assets...
The Third of Four Installments in our Series: Managed Service Providers Managed Service Provider companies can be sold for a premium in today’s market.Managed Service Providers (MSPs), sometimes referred to as IT Service Providers, come in all shapes and sizes. In the “Businesses-for-Sale” marketplace, MSPs are generally considered to have less risk and greater growth...
One of the most important skill sets that successful business owners have is the ability to be ready for just about anything. The key to doing this is being agile. Let’s look at what an agile framework looks like, why it matters, and the differences between waiting for perfection and being agile in your business planning. The...
The Second of Four Installments in our Series: Managed Service Providers In our previous blog post titled,Why IT Managed Service Provider (MSP) businesses are being acquired? , we discussed the current market frenzy over cloud-based technologies and the heightened activity with mergers and acquisitions within the Managed Service Provider industry. In this article, we cover...
The First of Four Installments in our Series: Managed Service Providers There is an acquisition frenzy over cloud-based technologies in the marketplace today.If you are a business owner in this space, this should interest you. A primary factor is heavy demand for managed services by banks and healthcare in the light of market and regulatory...
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...
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...