Author Archives: Rick Krebs, CPA - Business Valuations, Mergers & Acquisitions
JUST SOLD! Web development company. Business Sales Group is pleased to announce the sale of a Web development business located in Utah. The LBO transaction was financed by a community bank that did a great job of funding the purchase. I wish to congratulate the buyer and sellers and look forward to a successful transition and growth of this excellent business.
SOLD ANOTHER ONE! – Business Sales Group is pleased to announce the sale of an MEP Engineering firm. We are honored to be a part of this partnership and are looking forward to good things as a result of matching the right buyer with the right business to buy. Congratulations to the sellers and buyer and their teams who worked hard to cross the finish line.
Chapter 21 commentary of How To Sell Your Business By Design, Not By Default. How to minimize your taxes when you sell
Business Sales Group is pleased to announce the sale of a mechanical and electrical engineering firm on the East Coast. The buyer was a large national strategic buyer so the two firms were merged. The owners are excited and will remain for years to come, working with their new partner. Congratulations to Bob Bowers and Lauri Wood of theCBI Group, Atlanta, Georgia who worked diligently to make this transaction happen.
Go to my video on YouTube
What do you need to consider if you are thinking about selling your business after COVID19? Times have changed and you need to know what is important if you are thinking about selling your business.
Business Sales Group is pleased to announce the successful sale of an Aluminum Casting and Foundry company in the Rocky Mountain Region. They are industry leaders in their field with customers nationwide. Business Sales Group was the advisor for the transaction. The deal size was under $10 Million. This transaction was unique due the utilization of a CAPS Trust to eliminate $783,000 of taxes for a C-corporation and defer $2.1 Million of Capital Gains Taxes.