Case Studies


 

Financial or Strategic Transaction

After the shocking and tragic death of its owner Steven Fischer, Fischer's executor of his Estate looked for help to sell the company and came to SealedBid. The deal required many complicated negotiations due to the nature of the industry and was ultimately sold to five seperate acquiring companies. For more information, view the full Beer Central, Inc. Case Study.

      

When Lyle Stevermer was approached about the sale of a product line, he sought professional representation through SealedBid.  The buyer, a South Korean based distributor, was anxious to acquire Lyle's line of measuring wheels.  Despite thousands of miles and language and cultural barriers, SealedBid was able to successfully negotiate a satisfactory transaction for Lyle and Meter-Man. For more information, view the full Meter-Man, Inc. Case Study.

When Scott Schneekloth had a health scare, he and his wife decided to sell Midwest Fire & Equipment, a Southern Minnesota based fire aparatus manufacturer.  Once engaged, SealedBid targeted a list of both strategic and financial acquirers throughout North America.  For more information on how SealedBid completed a successful business and real estate transaction for the Schneekloths, view the full Midwest Fire & Equipment Case Study.

Thermo-Tech produces premium vinyl windows and doors that provide superior insulation against heat and cold.  This family-owned business was established by the Ferkinhoff brothers in 1993, and did well over the years.  However, last year the three brothers agreed that it was time for them to reap the rewards of their hard work.  They decided to sell Thermo-Tech, and had definite goals for the sale.  For more information, view the full Thermo-Tech Case Study.

When Tim Talbot, a partner at Waltek, began searching for merger and acquisition ("M&A") representation, he found that most M&A and Investment Banking firms considered his company too small to represent. Tim was pleased to discover SealedBid, which specializes in providing top tier intermediary services to lower mid-market companies.  After a successful marketing campaign, Jerry Clark and the SealedBid Transaction Team were able to negotiate a price far exceeding the firm's expectations. For more information, view the full Waltek, Inc. Case Study.

 

 

Recapitalization

Dan Charbonneau, president and owner of CBT Nuggets, Inc., did not initially plan on selling his company, but decided to retain SealedBid after receiving multiple unsolicited offers.  The growing company had attracted the attention of multiple strategic acquirers, but at the end of the day Dan did not feel the larger companies were a good fit.  SealedBid suggested the possibility of a financial partner and worked to source quality Private Equity Groups interested in CBT Nuggets. To read more about this successful recapitalization, view the full CBT Nuggets, Inc. Case Study.

    

Ten years after founding Dyne Technologies, Joan Leedy approached SealedBid to sell her business and planned on transitioning to other opportunities.  SealedBid designed a go-to-market strategy around Joan's primary concern, her employees, and specifically targeted strategic companies and a select group of financial acquirers.  After receiving an abundance of interest, Joan was able to choose from a number of quality buyers, maximize value and maintain an ownership piece going forward.  To read more about how SealedBid facilitated a recap of Dyne Technologies, and a win-win sale for Joan, view the full Dyne Technologies, LLC Case Study.

RIE was a promising small company that applied protective coatings to equipment parts used in the wind energy, solar, agricultural and heavy equipment sectors.  They had enjoyed strong growth in recent years, making it a potential acquisition candidate for investors.  However, RIE's four owners had differing plans for the future of the company.  The SealedBid team was able to help RIE’s owners to reach a compromise that satisfied everyone in the form of a recapitalization.  To read more about this recapitalization, view the full RIE Coatings, Inc. Case Study.

 

 

Management Buyout

Tom Reiter, president of Reiter & Schiller, P.A., was thinking about selling his 23-year old firm. "As a law firm specializing in foreclosures, our business was looking increasingly rosy, and I had visions of early retirement."  Working with SealedBid's Jerry Clark, Tom was able to negotiate a buyout with his Management Team that accomplished Tom's goal of retirement while preserving and empowering the company going forward. To read how SealedBid helped Mr. Reiter complete a successful Management Buyout, view the full Reiter & Schiller, P.A. Case Study.