CrossPoint Business Group Delivers Tactical Business Solutions
www.crosspointbusinessgroup.com – Obtain the best business solution for your next merger or acquisition with Cross Point Business Group. Their expert business brokers have been extensively preparing businesses for sale, marketing their clients in a confidential manner, supporting with due diligence, and closing deals. CrossPoint Business Group has been proactively engaged in selling businesses in a substantial number of industries.
A singularly fascinating solid business solution took place with Ed and his 1.86 million dollar company. Ed’s family was in dire need of his help. His family’s business was expanding to $50 million and they needed Ed to help them grow their large company. When Ed put his personal business on the market, a bank subsidiary made an offer. Unfortunately with the country in financial turmoil, the government prohibited the bank subsidiary to make a purchase. The government’s regulation was to stop all bank expansions from developing even though the subsidiary was also in the same industry as Ed’s business. Instead of considering the transaction as a portfolio acquisition, the government was outlining Ed’s business as an “expansion.” Due to the government’s objection, the deal did go through.
Ed decided to put the business back on the market. The second time Ed put his business up for a sale; A UK investment firm contacted CrossPoint Business Group with an offer. The deal was a 1.65 million dollar deal with the possibility of obtaining an $850,000 dollar earn out if Ed’s business surpassed their projections. The UK investment firm paid cash. Ed was a happy man! He received more than expected and was able to join his family’s business after all. Cross Point Business Group provided Ed not only with his bank based opportunity, but also with the second rebound offer.
Businesses from every industry benefit from the expert business brokerage knowledge that CrossPoint Business Group makes available. Their business solutions prove to exceed expectations. The goal is to match the ideal buyer to the business. One of the first steps to starting the process is to receive a business valuation. CrossPoint Business Group receives a sizeable bidding pool to obtain the best deal. CrossPoint Business Group can be reached at 732- 674-5382. Learn more about their services at www.crosspointbusinessgroup.com
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CrossPoint Business Group
(732) 674 – 5382
www.crosspointbusinessgroup.com
