Most entrepreneurs start a business based on one or two of many potential reasons---it could be to exploit a unique skillset or access to talent, pursue a passion or simply meet a need otherwise not being met in the marketplace.
The importance of finding the right team to market your business throughout the M&A process is extremely important. In this blog Cole Strandberg discuss how selling your business can often be a once-in-a-lifetime opportunity, so when that opportunity comes make sure it’s executed properly.
Syrena Collision Center Inc. (“Syrena”), a collision repair operator with two locations in Pennsylvania, has been acquired by Crash Champions This case study highlights the unique process of this transaction.
Capital Paint and Refinish, LLC has been acquired by Wesco Group, LLC
Capital Paint and Refinish, LLC (“Capital”), a premier source for automotive paint and supplies across Texas, Louisiana, and Colorado, has been acquired by Wesco Group, LLC (“Wesco”), a leading paint, body, and equipment distributor in the U.S. and Canada. This case study highlights the unique process of this transaction.
When contemplating the sale of your business, you may consider hiring a business broker or an investment banker. But what’s the difference between the two, and do you really need either one? Here are some things to consider.
When the owner of a collision repair business is interested in selling their company, questions related to employees often come up. When do I tell my employees about the sale? How do I deal with rumors? How do I alleviate their fears about what the sale means regarding their job security, seniority or other changes?