Eaton Square is a global M&A and capital advisor with a strong focus on the Oil & Gas sector. Our group has deep worldwide experience and industry expertise in the business sale process across numerous sectors of the Oil & Gas industry including. Whether you are looking to sell your business or grow through acquisition or other means, our team can help you develop your strategy, identify potential counter parties and work with you throughout the transaction.
The client engaged us to appraise his existing heating oil and HVAC business and to assist in building value for the future. He knew he’d want to sell at some point down the line and made the smart decision to plan for maximizing the value of his company years before the sale took place.
The Process
The Principal appraised the company and advised the client that he should add propane service to his existing business offerings. With the firm’s guidance and support, he did enter the propane business. Over the next 12 years, continuation of regular business appraisals and consulting services were provided until the client was ready to retire and exit his business, which had grown substantially larger. When he was ready to sell, the Principal was engaged to market the company. The first step was to complete a thorough due diligence process including preparing marketing materials and a marketing plan. The process started on July 1st and the business was on the market by early August. The firm contacted a number of national and regional buyers as well as several private equity groups. Quite quickly, the Principal was able to obtain numerous offers from strategic buyers.
客户需求
The client had a number of properties involved with the business, some of which had old deeds which were difficult to reconcile. The business closed 30 days prior to receiving clean titles to the real estate.
案例结果
The top buyer was prepared to complete the transaction by the end of October – in time for the heating season. The sale met the owner’s financial and personal objectives and he and his wife were able to retire and enjoy their Florida residence while their son started his college career. The owner was delighted with the outcome and the buyer was impressed by the way the process was handled.
Our objectives were to fund our retirement by extracting risk free money from value of the business, while staying active with a partner who would fund and support growth initiatives. respecting our objectives, the team lead us in negotiating a sale that exceeded all hopes. We enjoyed a huge ROI from investing in John to manage our sale strategically prepared unearthed and explained the true underlying value and navigating us to a great result find effective solutions to every obstacle delivered on many opportunities to win value for us. Our sale was completed at more than twice the value of initial offers and what we had thought to be an attainable value. We highly recommend John and his team to other business owners who may look to selling their business.
Roger WalkerCEO of Citadel Technologies
My family hired John and his team to complete the sale of a company owned firm. They were recommended to us by our CPA. We were extremely comfortable. They put together a package for us that would value our business. It was very professional. I'm amazed at how quickly we went to market, and then received four offers. All of which, would’ve met our objectives - a fair price for the business, flexibility to spend time with my family, we could choose the buyer group that we felt best fit our needs. They were able to foresee some of the obstacles that might occur and the buyer actually said to me “I think your business broker is earning his money.” The team was very cognizant of this. I would absolutely give John and his team the absolute highest marks. We achieved a price that far exceeded what we expected. The best of both worlds, because I’m still involved, have a small ownership stake, flexibility to spend time with my family . . . the best of both worlds for me. I fully attribute to the professionalism and the abilities of John and his team.
Kelly YoungCEO of Young Oil Tools
I have owned several valve businesses over the last forty years. I’ve worked with lots of people and have done lots of deals around the oil patch. I noticed three things that stuck out as a being as good as I have ever seen, and those were your work ethic, complete commitment to my success, and skill at your job. I will always recommend you and your firm for selling a business, and regard you as a friend.
Joe GoodeyonPresident, Texas Valve Co.
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