Below are a few of our closings.
Industrial Fire Protection & Electrical Contracting
Founder lead firm.
37 years in business.
Operates in several states in the Southeast.
The company provides sales and service in industrial fire protection, standby generators, and commercial uninterruptable power supply (UPS) systems. Their solutions are used in several environments including manufacturing, computer rooms, and telecom.
Mayfair’s network of buyers provided the seller with the opportunity to speak with institutional and strategic buyers and produced multiple offers. Ultimately, the seller decided to work with a subsidiary of a NASDAQ listed company that has annual revenues of more than $3 billion. Mayfair arranged for the buyer to travel to the seller’s location to better understand his goals.
“Whether or not you have sold a business in the past you need a teammate to help you with the process; creating marketing materials, identifying, and reaching out to buyers, gathering offers, working through due diligence, and coordinating with other professionals in order to close. Now that I am on the other side of a successful sale, I can’t imagine trying to manage the deal process and running a business at the same time.”
Mayfair Business Advisors represented the seller in this transaction.
Founder lead firm.
Growing residential HVAC firm that services the metropolitan Charlotte, North Carolina area.
Mayfair’s network of buyers provided the seller with the opportunity to review multiple offers and negotiate a favorable transaction structure. The seller decided to move forward with a strategic buyer that was located in North Carolina.
The transaction gave the seller immediate liquidity, ongoing employment, and the additional benefits of being part of a much larger organization.
“He was able to manage the due diligence process with the buyer on the other side of the state. Greg even coordinated a final tour of the business for the CEO and his head of operations. They visited our premises and performed business integration preparation shortly before the closing. Greg’s pro-active planning made the whole process appear seamless.
Greg is dedicated to his work and truly enjoys what he does. From beginning to end, he was available day and night for calls and emails. He often worked evenings and weekends to keep the deal on track.”
Mayfair Business Advisors represented the seller in this transaction