Author Archives: Rick Krebs, CPA - Business Valuations, Mergers & Acquisitions
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.
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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.
Business Sales Group is pleased to announce the successful sale of a mid-sized MEP Engineering/architectural firm on the East Coast. BSG was a sale-side advisor for the transaction offering valuation and advisory services to the owners. Deal size was under $10 Million. We want to give a thank you to Bob Bowers of CBI Group who was instrumental in getting this transaction to market and across the finish line.