They have top-tier customers who operate in the gas station, convenience store, and trucking industries. Projects include new builds as customers add locations and renovations to meet regulatory and expansion requirements. The buyer we sold to was a General Manager of large construction company who always wanted to own his business. We introduced him to several banks and he was able to obtain SBA financing to close the deal.
Large-scale industrial, commercial, municipal, and custom residential projects with many hospitals and colleges for clients. Long-standing partnerships with General contractors & property management companies keep this company extremely busy. We received three offers and chose the buyer who was willing to negotiate favorable terms for the seller. We referred the buyer to one of our trusted SBA lenders who was able to provide financing so the seller didn’t have to.
(Economy Hardware & Plumbing Supplies) A third-generation 105-year-old wholesale plumbing supply, hardware, kitchen, and bath remodeling business. They get referrals from architects, builders, and designers. We had a number of potential buyers, and the best offer came from two brothers that owned a construction business and wanted to expand through acquisition. We introduced them to our banking contacts, who arranged SBA financing for them.
A company that installs and services HVAC, Commercial Boilers, and Refrigeration. Customers include commercial, residential, apartment buildings, schools, corp. Centers, shopping centers, etc. We got several offers, including other HVAC companies, but the best offer was a full-price offer from an individual that had a successful career in the corporate world and now wanted to own his own business. He was prequalified for SBA financing so the seller didn’t have to provide financing.
(Thermal Air, Inc.) They sell, install, and maintain commercial HVAC & Refrigeration Systems. The business was sold to a facilities services company (Tech Services, Inc. of NJ) that in addition to HVAC services also offers electrical services, security services, plumbing, and construction. They have a strategy to grow through acquisitions.
(ASE Group) has been providing high-tech security solutions for over 20 years. They provide security systems serving the residential, commercial, and financial markets. Their security services are used from access to video surveillance. And they provide standard and highly sophisticated custom installations.
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