The current coronavirus pandemic is creating hardship for business owners across our country and many segments of our nation’s economy. There is light at the end the tunnel for many due to the federal government’s Economic Injury Disaster Loan (EIDL) Program providing $50 Billion in Small Business Administration (SBA) loans to distressed businesses. While this...
How do business buyers and business sellers navigate these uncharted waters? Business Buyers Corona-sensitivity: Is the company in an industry that is “corona-sensitive” such as restaurants, bars, gyms or movie theaters? If it is unclear whether the business is corona- sensitive then include a contingency in your offer. In most deals contingencies are written to...
--Charts Path for Growth, Expanding Space, Hiring Additional Talent MINNEAPOLIS – February 20, 2020 – Sunbelt Business Advisors President Chris Jones today announced several promotions and new hires. “Sunbelt Business Advisors has experienced remarkable growth in this strong economy,” said Jones. “Now is a great time to sell a business, and many people are taking...
--Blue Horseshoe Acquisitions Now Owns St. Paul-Based Manufacturer MINNEAPOLIS – February 17, 2020 – Sunbelt Business Advisors President Chris Jones today announced the sale of St. Paul-based Stewart’s Forest Products to Blue Horseshoe Acquisitions. Sunbelt Business Advisors veteran Dan Mulvaney represented the seller in the transaction. Stewart’s Forest Products began as a family-owned business in...
--Will Benefit Buyers & Sellers of Small, Midsized, & Franchise Businesses MINNEAPOLIS – July 11, 2019 – Brian Slipka, Chairman and CEO of the Minneapolis-based business brokerage Sunbelt Business Advisors, today welcomed Sunbelt North Dakota and its President, Art Rosenberg, into affiliation. “Having bought and sold small businesses myself, I know the importance of having...
MINNEAPOLIS – July 31, 2019 – Sunbelt Business Advisors (“Sunbelt”) served as the exclusive financial advisor to Expert Insulation, Inc. and Expert Insulation of Brainerd, Inc. (collectively “Expert Insulation”) in connection with a sale to Installed Building Products, Inc. (NYSE: IBP). Specific terms of the transaction, which closed on June 24, 2019, were not disclosed....
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 Winthrop...
MINNEAPOLIS, MN, April 11th, 2019 – Sunbelt Business Advisors (“Sunbelt”), served as the exclusive financial advisor to Maverick Blinds LLC. (“Maverick”) in connection with a sale to MCL Industries, Inc. (“MCL”). Specific terms of the transaction, which closed on March 6, 2019, were not disclosed. Founded in 2014 by Chad Stoll and Scott Gleisner, Maverick...
Did you know that BizBuySell, the world largest business-for-sale marketplace, recently released an article that discussed 2018 third quarter results? Fortunately for you, we have everything you need to know from the article. The biggest take-away? Sale prices of businesses sold in the third quarter have reached new highs and businesses are changing hands more...
