We utilized our proven business valuation tools and comprehensive approach to marketing…We created a competitive market for our client, resulting in a very favorable transaction price and deal terms.
Milwaukee, WI (PRWEB) June 10, 2010
Sunbelt Business Brokers announced the successful sale of an International Trading Company based in Milwaukee, WI to a private investor from Ohio.
Frank Orlando, a Milwaukee Wisconsin business broker and M&A advisor with Sunbelt Midwest represented the seller in the transaction, managed the marketing process, procured the buyer, and managed the transaction through to its closing.
The client company that was sold is engaged in the sale of a very unique raw material commodity used in the production of leather goods. The commodities are sourced and sold throughout the world. The company and its owners had been in the leather business for nearly 50 years.
Frank J Orlando and Sunbelt worked closely with the owners to determine a valuation, and developed a comprehensive strategy to confidentially market the business to buyers locally, nationally and internationally.
By leveraging the strength of the Sunbelt International network, over 150 potential buyers were interviewed and screened from as far away as Europe and Asia. Fourteen written letters of intent or offers to purchase were reviewed and negotiated.
Frank Orlando, a Wisconsin M&A advisor for Sunbelt Midwest, said: “We utilized our proven business valuation tools and comprehensive approach to marketing; this allowed us to identify and confidentially present this opportunity to well-qualified buyers. The results were ideal. We created a competitive market for our client, resulting in a very favorable transaction price and deal terms”.
Ed Krajcir , principal partner and Wisconsin Business Broker at Sunbelt Midwest in Brookfield, WI said: “Frank Orlando’s background, negotiating skills, and transaction experience allowed him to identify potential problems early in the process. He helped navigate our client and the buyer through a difficult transaction”.
Dave Wilmoth, a partner with law firm of assisted in the transaction.
Regarding the current business climate for main street and middle market M&A transactions, Ed Krajcir said: “The activity in the M&A market has begun to pick up despite the current economic environment. We are beginning to see more deal flow, more quality businesses ready to sell, and our Buy-Side M&A Services have seen a noticeable increase in the past six months”.
About Sunbelt International & Sunbelt Midwest
Sunbelt is the world’s largest business brokerage firm, with approximately 250 licensed offices located throughout the world. Annually, more than 1,400 Sunbelt brokers coordinate an estimated 3,000 Main Street and Middle Market business transactions. Many Sunbelt offices are also very active in Middle Market transactions, managing both “sell-side” and “buy-side” engagement services. We typically define Middle Market companies as privately-held companies with annual sales of $1,000,000 to $20,000,000 or more.
Sunbelt Midwest, with 4 offices and 40 business intermediaries in Minneapolis, Milwaukee and Chicago, is the largest United States group of business intermediaries and brokers within Sunbelt International. The Business Brokers and M&A Intermediaries in Sunbelt Midwest’s offices in Minnesota, Wisconsin and Illinois, offer local service to business buyers and business sellers. Our customized systems serve both local individual business sales, as well as M&A strategic acquisitions which are marketed nationally.
Sunbelt Milwaukee office has 8 Wisconsin Business Brokers that specialize in Wisconsin businesses for sale - businesses ranging in size from main street transactions to Middle Market transactions of companies with revenues of up to $50,000,000.
Wisconsin M&A Advisors of Sunbelt Midwest provide complete M&A solutions including Buy-Side M&A services for strategic acquisitions, private equity, individual investors, and individual buyers. Buy Side M&A advisory services include: targeted acquisition searches, business valuations, negotiation, execution and financing.
Ed Krajcir is a Wisconsin Business Broker and the principal partner of Sunbelt Midwest in Brookfield, Wisconsin.
Frank Orlando is a Wisconsin Business Broker and M&A Advisor with Sunbelt Midwest of Brookfield, Wisconsin
Frank J Orlando
330 South Executive Drive, #102
Brookfield, WI 53005
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