
ACQUISITION CRITERIA
We are eager to hear from owners or their representatives about businesses that meet the following:
- Revenues $5 - $20 million, > $500K of cash flow
- Located in N.E. Ohio, or possible to relocate or manage from Ohio
- Growth opportunities, niche or proprietary products/services
ACQUISITION PROCESS
In response to initial contact, we offer:
- Complete confidentiality
- A fast answer as to whether or not we are interested, typically the same day
- Finder and buy-side fees on transactions we close, when the seller has not engaged the intermediary
Early in the process, we will confirm buyer / seller alignment regarding:
- Price expectations
- Financing structure
- Tax matters and other seller requirements
We pay fair prices as follows:
- We value companies based on their proven and sustainable cash generating ability.
- We apply multiples consistent with the industry and the company’s historic trend of earnings.
- We place little value on long-term financial projections.
Summary of information needed from seller to facilitate initial review:
- A brief description and history of the business and management team
- Basic financial information for the past few years
- Confidential / informal meeting with the owner to discuss the business and owner’s needs
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