IAG is Happy to Announce the Successful Sale of Our Client Treece & Rhines HVAC in Bethany, Oklahoma.
This Oklahoma business had three offers over the first 6 months, but the first two, after spending a lot of time on each, by all parties, fell through due to financing.
Both offers were well under the asking price.
The owner stayed involved, we communicated almost daily, and we ultimately got an offer, from a referral from one of the two original bidders who liked how we treated them and the process, that we were able to push up the offer dramatically.
It took a lot of time and there were multiple companies involved in the due diligence effort, plus the seller was moving to a new location, but we all persevered and it was closed in less than 8 months!
It took less than 8 months to get this deal closed! 2021 is a big year for selling businesses!
It was purchased by an individual investor who paid above the asking price, the best way for our clients to retire in style!
Congratulations to all who are involved, and the dealmaker, David Michaelson. Also congratulations to our analyst, Joe Lieberman.
“IAG did exactly what they said they would do, thank you!”
Our Transaction Specialists work hard to ensure you cross the finish line – we have the resources, the team, and the contacts to get it done!
We can sell your business too!
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