Fast Company iPad edition promotion


FC Member Blog

the transition companies

BY The Transition Companies | 02-03-2010 | 10:52 AM
This blog is written by a member of our blogging community and expresses that member's views alone.

Mr. Sartin's knowledge of the selling process from the perspective of
both the buyer and the seller makes him uniquely qualified to assess
the strengths and weaknesses of companies considering an exit strategy,
as well as companies seeking to improve profitability, establish
accountability and internal controls, and raise venture capital.
Through The Transition Companies he ably assists those in need of an
exit, capital raise or turn around strategies and talent.

The Transition Companies Info

If you start early, plan wisely and get professional help if at all
possible, you will transition out of your company with more money in
your pocket.

The current economic downturn is due to three factors: 1) Too much
cheap money for too long and a Federal Reserve that created the housing
bubble, 2) The use of unstable financing provided to people who didn’t
understand what they were getting, and 3) The rating agencies allowed
poor quality high debt to pass into the system. The businesses relying
on the housing market are in a slump that will not bottom out until the
end of this year.

Gene Sartin Info
* Accept the Terms of the Offer – If the target firm’s top managers and
shareholders are happy with the terms of the transaction, they will go
ahead with the deal.

* Attempt to Negotiate – The tender offer price may not be high
enough for the target company’s shareholders to accept, or the specific
terms of the deal may not be attractive. In a merger, there may be much
at stake for the management of the target – their jobs, in particular.
If they’re not satisfied with the terms laid out in the tender offer,
the target’s management may try to work out more agreeable terms that
let them keep their jobs or, even better, send them off with a nice,
big compensation program. Not surprisingly, highly sought-after target
companies that are the object of several bidders will have greater
latitude for negotiation. Furthermore, managers have more negotiating
power if they can show that they are crucial to the merger’s future
success.

The Transition Companies Info

If
considering selling the company within the next 3 years, now is the
time to meet with The Transition Companies. Timing and being
proactively informed and prepared will make a substantial difference in
the proceeds from the sale.

Initially, The Transition Companies will analyze all aspects of
the Company to develop a professional offering memorandum known as a
Confidential Business Review ("CBR") The CBR will incorporate the
tangible and intangible aspects of the business and capture it's upside
value. Professionally prepared material sets the tone and first
impression with premium buyers.

The Transition Companies

Who Would Buy This Company?

Ø Manufacturer seeking northeast-region distribution channel for its own products.

Ø National or super-regional wholesale distribution company.

Ø Strategic player seeking consolidation in wholesale distribution chain.

Ø Entrepreneur able to leverage 50 years experience and goodwill.

Ø Company or organization seeking strong commercial relationship with Indian Nations.

Ø Manufacturer of food, beverage or tobacco products.

Ø Bottled-water company looking to exploit ripe regional growth opportunity.

The Transition Companies was founded in 1988 as a consulting and
M&A firm called Succel Inc. (”Succel”). Succel originally provided
turnaround consulting expertise to increase the value of private-held
companies. In the mid 1990’s, Succel expanded into a full service
M&A and consulting professional services firm that maximized the
value of privately-held companies through an M&A sale or consulting
services.

In mid 2008, The Transition Companies was formed through the
merger of Succel with InterPrise M&A LLC (”InterPrise”).
InterPrise, founded in 1994 with 3 US offices and 1 European office,
was a leading nationwide middle market M&A firm that specialized in
the sale of privately-held companies. The Transition Companies is the
pre-eminent professional services firm providing complete exit and
transition strategies for owners of privately held companies seeking to
maximize the proceeds from the sale of their companies or increase
value prior to going to market.
The Transition Companies has 4 offices nationwide and a dedicated
professional team of 105 Associates. TTC’s team of professionals has
provided valuation, consulting and executed M&A sale transactions
for hundreds of companies across all industry sectors nationwide.

Gene Sartin
If the company is an

“S” or “LLC” corporation, the tax liability

is less than a “C” corporation.

The type of transaction, stock or asset is

ultimately determined during the

negotiation phase of the InterCap M&A

Process. Historically, the greatest percentage

of transactions were asset type.

Lately, we are seeing more stock transactions,

as buyers and their attorneys are

becoming more comfortable with this

type of transaction.

Don't miss out, learn more: Gene Sartin Contact , Gene Sartin , Gene Sartin Info