Indigo Piping Systems Sold to Strategic Acquirer

/in /by Al Statz

Exit Strategies is pleased to announce the strategic acquisition of California-based construction materials distribution company Indigo Piping Systems, by Dateline Exports, Inc. of Portland, Oregon.

Founded in 1990 in Berkeley, California, Indigo offers a range of American brands of piping, valves and mechanical products for water infrastructure, fire protection and mechanical construction projects around the world. Indigo offers a complete supply service from expert product selection assistance to accurate on-time delivery to the international job site or port of choice.indigologo

Dateline provides military contractors, private developers, government agencies and retail outlets with a wide range of construction materials, primarily to the Asia-Pacific region.datelinelogo

Exit Strategies advised the sellers in this successful strategic transaction. Terms are confidential.

For M&A advice and representation in the sale or merger of your company, do not hesitate to call Al Statz at 707-781-8580 for a confidential consultation.

 

About Exit Strategies

Exit Strategies Group, Inc. (ESGI) is a respected lower middle-market mergers and acquisitions advisory and business valuation firm based in California. ESGI brings M&A experience, proven processes and meticulous attention to detail to help private business owners sell, merge and acquire companies, as well as partner with private equity groups to grow and maximize value in an eventual exit. Our advisors have more than 100 years of combined experience in business M&A transactions across a variety of industries including wholesale distribution and related logistics, systems integration and value-added supply chain companies. For more information www.exitstrategiesgroup.com.

 

 

Exit Strategies Represents Axis Systems in Sale to H&P Technologies

/in , /by Al Statz

Exit Strategies serves as M&A advisor in industrial automation distributor merger-acquisition.

Exit Strategies, Group Inc. is pleased to announce that H&P Technologies and its wholly owned subsidiary Behco, Inc. (www.behco.com) has acquired Xanthus, Inc., doing business as Axis Systems (www.axis-systems.com ) of Auburn Hills, Michigan. Exit Strategies served as exclusive M&A advisor to Axis Systems for this transaction. LogoAxisSystems

Established in 1976 by Tim Kline, Axis Systems is a leading supplier of quality automation technology solutions to Michigan manufacturers, specializing in motion, safety, sensors and collaborative robotics. It has a reputation for selling technologically advanced products, having strong technical/product knowledge, engineering competitive solutions, and providing excellent after-sale commercial support. H&P Technologies and its Behco subsidiary is an automation technology distributor and integrator providing pneumatic, hydraulic and electro-mechanical solutions technologies.

In acquiring Axis Systems, H&P expects to be better positioned to add value and satisfy the changing needs of its customers in the future. With H&P’s integration and manufacturing capabilities, the combined company will be a stronger value-added partner for Axis Systems’ long-term suppliers and loyal customers. Tim Kline, founder and CEO of Axis said, “After owning and managing Axis for almost 30 years, I am pleased to be passing its legacy on to another Michigan-based, family owned and operated company.” Tim Kline will remain with the company for at least a year. Deal terms remain confidential.

Al Statz, President of Exit Strategies, who led the transaction, stated “We are proud to have represented Axis in the sale to H&P. Our team prepared an analysis of Axis’ operations, identified, interviewed and qualified multiple high probability buyer candidates, and presented three finalists for Axis to consider. Tim Kline said, “I could not have chosen a better advisor to help me exit than Al and Exit Strategies. They were exceptionally knowledgeable, organized and effective in lining up a great buyer, negotiating terms, and quarterbacking the entire sale/acquisition process. Al’s industrial automation industry knowledge benefited both Axis and H&P.”

About Exit Strategies

Exit Strategies Group, Inc. is a respected lower middle-market mergers and acquisitions advisory and business valuation firm based in California. The firm applies proven processes and meticulous attention to detail in helping business owners sell, merge and acquire companies, as well as partner with private equity groups to grow and maximize value in an eventual exit. Exit Strategies Group advisors have more than 100 years of combined experience in business M&A transactions across a variety of industries including industrial automation and robotics. For more information contact Al Statz, alstatz@exitstrategiesgroup.com or 707-781-8580.

Exit Strategies Group Adds Kevin Lam to its Team of Senior-Level M&A Advisors

/in /by Al Statz

Exit Strategies Group, Inc., a leading California-based business transaction advisory and valuation firm, today announced the appointment of Kevin-Quang Lam as a Senior M&A Advisor for the company. In this position, Mr. Lam will use his extensive merger and acquisition knowledge and first-hand business ownership experience to guide business owner clients through the entire transaction process.

Kevin has completed transactions in a variety of industries and has deep experience with electronics manufacturing and technology companies. He is an accomplished business intermediary who has handled deals ranging from under $1 million to over $20 million in enterprise value. His experience as an M&A advisor, corporate executive and entrepreneur aligns well with Exit Strategies Group’s approach of bringing a team of talented advisors with diverse expertise to every client engagement.

Earlier in his career, Kevin gained invaluable experience in manufacturing & technology sales, marketing and business development in management positions at Siemens, Marubeni, Tyco Electronics, Itochu and Acumen. As an entrepreneur, he has started, acquired, managed and successfully sold several businesses.

Kevin is a member of M&A Source (the world’s largest association of middle market intermediaries) and California Association of Business Brokers (CABB), and has a B.S. in Marketing.

Kevin will give clients a partner they can trust, and will help strengthen Exit Strategies Group’s growing reputation as a firm that combines large firm resources with close personal attention from senior-level advisors to achieve successful transactions for its clients. I am very pleased that he has joined our firm.

About Exit Strategies Group

Exit Strategies Group is a respected lower middle-market mergers and acquisitions advisory and business valuation firm with four offices in California. The firm applies proven processes and meticulous attention to detail in helping business owners develop and execute M&A strategy, sell and acquire companies, and partner with private equity groups to grow and maximize value in an eventual exit. Advisors at Exit Strategies Group have more than 100 years of combined experience in business M&A transactions across a variety of industries. For more information on the company, please contact Al Statz, alstatz@exitstrategiesgroup.com or phone 707-781-8580.

Exit Strategies Sells Advanced Components Technology to Strategic Acquirer

/in /by Al Statz
Exit Strategies is pleased to announce the sale of Redwood City-based Advanced Components Technology, Inc., a contract manufacturer of precision sheet metal enclosures, machined parts and electro-mechanical assemblies to medical equipment, automotive, defense, lighting and instrumentation OEM’s operating in Silicon Valley. ACT has been a preferred supplier to Keysight Technologies, HP and Agilent for many years, and is a Tier 1 supplier to Tesla Motors.  ACT provides quick-turn prototypes, with extensive DFM support, and low to moderate production volumes.
The acquirer,  METALfx, provides precision metal fabrication to a variety of customers and markets from its 125,000 square foot Northern California facility. For METALfx, the acquisition is both synergistic and accretive. Deal terms are confidential.
Exit Strategies Group, Inc. initiated the transaction, served as exclusive M&A advisor to ACT, and negotiated the sale. In our confidential marketing process, we targeted synergistic industry operators desiring to increase market share, add volume or talent, fill capacity, vertically integrate, develop new markets, or diversify products or customer base. This transaction adds to Exit Strategies’ 14-year record of successful M&A deals.
Today’s market for contract manufacturing businesses is robust, driven by economic expansion, abundant buyer capital, low interest rates and market consolidation. Company owners considering a sale in the next few years should start now.
 
Exit Strategies advises business owners through the entire M&A sale process, including valuation, offering memorandum preparation, identifying and contacting target buyers, negotiations, due diligence management and facilitation of tax and legal counsel. If you are considering a sale, merger or acquisition, contact Al Statz at 707-778-2040 to discuss how Exit Strategies can help. As always, our discussion will remain confidential.

Interest Rates Likely to Rise After December FOMC Meeting

/in , /by Louis Cionci

It is widely believed that the Federal Reserve will raise the rate it charges banks for overnight deposit lending, commonly called the federal funds rate at the December 15-16 meeting of the Federal Open Market Committee.

The Federal Reserve controls the three tools of monetary policy–open market operations, the discount rate, and reserve requirements. The Board of Governors of the Federal Reserve System is responsible for the discount rate and reserve requirements, and the Federal Open Market Committee is responsible for open market operations. Using the three tools, the Federal Reserve influences the demand for, and supply of, balances that depository institutions hold at Federal Reserve Banks and in this way alters the federal funds rate.

Changes in the federal funds rate trigger a chain of events that affect other short-term interest rates, foreign exchange rates, long-term interest rates, the amount of money and credit, and, ultimately, a range of economic variables, including employment, output, and prices of goods and services.[1]

As shown in the graph below, the federal funds rate has been below .25% since 2009, primarily as a result of the 2008 financial crisis and the lingering effects on employment and the economy.

 

More information on the Federal Reserve can be found at their website, https://www.federalreserve.gov/default.htm

[1] https://www.federalreserve.gov/monetarypolicy/fomc.htm

Event: Helping Business Owner Clients Achieve More Valuable Exits

/in , , /by Al Statz
When: September 22, 2015
Where: San Rafael, California
Host: CalCPA San Francisco-Marin Discussion Group
As baby boomer owners and shareholders of privately-held businesses reach retirement age and get serious about exiting ownership, they face many new questions and challenges and turn to their professional advisors, often their CPA, for solutions. Based on his experience helping over 100 companies successfully sell or transfer ownership to partners, management or the next generation, Exit Strategies’ founder Al Statz will discuss the following topics in this presentation to CalCPA members and guests:
  • What exit options do owners have?
  • What factors affect the value of a company?
  • Does the preferred exit option have value implications?
  • What is an exit plan comprised of?
  • Marketability and other considerations
  • Services CPA’s can provide to help clients optimize their exits

Exit Strategies: a Speaking Resource

/in /by Jim Leonhard
Professional Speaker for Your Next Meeting, Conference or Webinar
Exit Strategies’ professional advisors regularly present insightful and timely information on business valuation, succession planning, and mergers and acquisitions to business owners and their advisors, including attorneys, CPA’s and wealth managers.
For example, Jim Leonhard was invited to give a presentation on July 8th to the California Society of CPA’s – Management of an Accounting Practice (MAP) entitled, “Avoiding Landmines in Buy-Sell Agreements: A Business Valuation Expert’s Perspective”.
Attendees gain an understanding of potential issues with their clients’ Buy-Sell Agreements (BSA’s) and become better able to spot potential problems and help correct them before a trigger event.  This presentation covers:
  • Brief overview of business valuation concepts
  • Common BSA valuation methodologies and their pros & cons from economic and practical business perspectives
  • A recommended approach to valuation for BSA’s
  • Other hidden problems in BSA’s, and solutions
If you or your organization are looking for a qualified, interesting speaker on business valuation, M&A or exit planning for an upcoming meeting, webinar or industry event, please contact Exit Strategies at info@exitstrategiesgroup.com. We will tailor our comments to your specific audience and needs. For more information about business valuation for Buy-Sell Agreements, contact Jim Leonhard at 916-800-2716 or jhleonhard@exitstrategiesgroup.com. 

Exit Strategies Sells ExpressPCB to Strategic Buyer

/in /by Al Statz

Exit Strategies recently sold California-based ExpressPCB, North America’s leading supplier of custom printed circuit boards for prototyping and low volume production.  Founded in 1998, ExpressPCB pioneered the market for quick-turn circuit boards using proprietary electronics design software and one-click ordering. For Sunstone Circuits, an Oregon-based printed circuit board fabricator, the acquisition is synergistic and accretive. Deal terms are confidential.

Exit Strategies advised ExpressPCB’s owners through the entire M&A process, including valuation, offering memorandum preparation, identifying and contacting target buyers, negotiations, due diligence management and liaising with legal counsel. This transaction adds to Exit Strategies’ record of successful M&A brokerage assignments involving California manufacturing businesses.

Today’s market for electronics manufacturing and related businesses is robust, driven by a growing economy, abundant buyer capital and low interest rates. Company owners considering a sale in the next few years should start now. If you considering a sale, merger or acquisition, call Al Statz at 707-778-2040 to discuss how Exit Strategies can help. Our discussion will remain confidential.

February Seminars: Maximize the Value of Your Business

/in , , /by Al Statz
Now in its 9th year, Exit Strategies’ Maximizing the Value of Your Business seminar delivers essential and practical information to business owners who would like to sell for top dollar in the next 1-5 years.  It is not too early to plan the successful exit you deserve!
In this fast-paced workshop, business owners learn …
  • The elements of an effective exit strategy
  • Types of buyers and what they value
  • Business valuation nuts and bolts
  • How to increase valuable and marketability
  • M&A selling process steps and timeframes
  • Current market conditions
  • Deal structures and tax implications
  • The secret to cashing out
  • What a professional M&A broker brings to the table
  • Answers to your questions and concerns
This seminar is complimentary to owners of $1-30 million revenue businesses
 
Dates: Petaluma – Tuesday, February 10, 2015
Roseville – Tuesday, February 24, 2015
Time: 4:00 to 6:30 pm
Presented by: Exit Strategies senior-level advisors and a guest speaker
Register:
Petaluma:  707-778-2040, info@exitstrategiesgroup.com
Roseville:  916-800-2716, info@exitstrategiesgroup.com
Space is limited. For privacy, we allow just one owner (or set of partners) per business type. When we confirm your registration we will provide the location address. Schedule conflict? Contact us to be notified of future dates.
“Amazing amount of information that I can use immediately. You made a complex topic clear and easy to grasp.”  -KM
“Everything that you said would happen when we sold our business happened, and we were prepared. Thank you.” –TB
Because you only sell your business once!

– See more at: https://web.archive.org/web/20150212225951/https://exitstrategiesgroup.com/blog.html#sthash.IDVsikiL.dpuf

Sonoma County Backroad Challenge, May 16, 2015

/in /by Al Statz

The 2015 Sonoma County Backroad Challenge century ride will take place on May 16th in Petaluma, California.

Cyclists of all levels enjoy spectacular

Sonoma County scenery on one of three fully-supported rides (100 miles, 100 Km and 50 Km) ranging from leisurely to grueling. The acclaimed Backroad Fest takes place after the ride, with local cuisine, cold brews, live music, fun and fellowship until 6 pm.

Registration is open:  www.backroadchallenge.com

The Backroad Challenge is a fundraiser for the Petaluma Sunrise Rotary Foundation. All proceeds support worthy local and international charitable projects. Every day, Rotary members throughout the world are working to combat hunger, eradicate polio, improve health and sanitation, provide education and job training, and promote goodwill and peace. Please join Exit Strategies in supporting Rotary International and the 2015 Sonoma County Backroad Challenge.