This was the first time I’ve actually sold a business therefore it was vital to partner with a group of high integrity individuals that had our best interest in mind. The FOCUS team was honest and transparent right from the beginning. John Slater’s knowledge of our industry, along with his team of analysts, made the transition almost seamless. The process was thorough and well planned out – we moved from LOI to close in 60 days! I would highly recommend FOCUS Investment Banking for any transactions in the sectors they service.
John Slater and Jorge Maceyras with FOCUS Investment Banking, expertly coordinated a process that generated significant interest in my company from the market. The ultimate result of that process yielded a positive outcome for me personally and professionally as well as for the employees of HL Precision Manufacturing and its enduring future in an increasingly consolidating industry. Our deal combined elements of a merger, sale, and acquisition all resulting in the formation of a new parent company, H3 Manufacturing Group, LLC which now owns both HL Precision as well as Hi-Grade Welding & Mfg. The work done by the FOCUS team was disciplined, very well documented, and portrayed HL Precision in an accurate and attractive manner. I would very much recommend FOCUS to other business owners and CEO’s looking to take their company to market and/or seek strategic partners for their road ahead.
The strategic fit provided by this transaction is exceptional; our acquirer counts nearly every airline in the world in its customer base, which provides an exciting growth path for AirVault. The FOCUS team has been a valuable partner to us over the years, and we would not be celebrating this transaction without their help and guidance.
We used FOCUS Investment Banking, specifically Fred Rock, as our Investment Banker in the sale of our family business, Titusville Fabricators, Inc., to Re-Steel Supply Co. Having been with the company for 48 years, I had strong personal attachments to the employees, and concerns regarding the future operation of the company. Fred was very responsive to my issues when dealing with prospective buyers. His group was very good to work with as well. They were excellent negotiators with the finalists we selected. They prepared the necessary sale documents efficiently and were very helpful working with our attorneys to complete the deal. Selling a business is a difficult personal undertaking. I heartily recommend FOCUS to help others successfully complete the process.
“Selling a family owned business is complex and emotionally taxing. Our advisors, FOCUS Investment Banking, ran a very thorough process and identified a great deal of interest in Smiths among both strategic and private equity buyers. FOCUS quickly identified more than four hundred prospective buyers, of which sixty-five signed NDAs. They showed tremendous persistence and energy in driving the process relentlessly to a successful conclusion. I am excited that Smiths will be joining ARCH Global Precision and look forward to further enhancing the business that was started by my father in 1974.”
* Testimonials may not be representative of the experience of all clients; testimonials are not a guarantee of future performance or success.