Keeping employees aware of transition processes can facilitate a smooth business sale. Selling a business can be stressful – determining a fair sale price, locating a qualified seller, trying to keep sale plans confidential as not to spook customers and current employees, and ownership transition. But once the sale goes through, employees come into the...
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 things...
NCI Inc., a Plymouth based scientific distributor of medical microscopes, has purchased Kruge Air, a Twin Cities based distributors of major air compressor brands, for $1.2 million, in an effort to diversify its product base. The sale was facilitated by Sunbelt Business Brokers-Midwest and brokers Matt Schroeder, Mike Wheelock and Nacia Dahl. These brokers bridged the...
