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....
Cash and Personal Assets as Equity Cash from savings is king in equity injections, but other sources can also be used. Assets that can be readily converted to cash, like stocks and bonds, are acceptable. A borrower can take out a separate, personal loan for the equity injection as long as “repayment [can be] demonstrated...
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...
Business owners are surprisingly predictable when it comes to selling their companies. When revenues are rising and money is cheap; they delay. This can have serious consequences when the market turns. Every business owner will exit their business someday. The decision to sell is often both personal and financial. The personal reasons can vary widely,...
Many prospective business buyers look to the Small Business Administration for business acquisition loans. The SBA loan is the most commonly used business acquisition loan available today. SBA loans were created to be borrower-friendly for business acquisitions. In comparison to conventional loans, SBA loans: 7(a) Have longer repayment terms with no prepayment penalties More repayment...
How much is enough? Leadership Forum by Search Twin Cities With Keynote Speaker: Jay Bennett Join us Tuesday, November 13; 6:45-8:15 am to hear from speaker Jay Bennett, who is the Chairman of the Board of the Halftime Institute. Located at 1300 Godward St. NE Minneapolis, Level B1. Registration is FREE: Seating is limited so please...
What are the key trends now affecting buyers and sellers of businesses? What’s on the horizon that companies need to know about and plan for? These are two key topics we recently addressed in our annual study of merger and acquisition trends in the middle-market (companies with enterprise value of $10 million-$100 million) and larger...
