Alan Scharfstein, CEO of DAK, advises family business owners to plan ahead and explains why family businesses are more inclined right now than ever to choose to sell their business.
Family Businesses That Don’t Create Path for Succession Risk Disaster Read More »
Leading Women Entrepreneurs Named Joan McGeough, DAK’s CMO on their Top 25 Brand Builders List
Joan McGeough DAK CMO Recognized as a Leading Brand Builder in New Jersey Read More »
Growth through acquisition is often the fastest way to expand your business and increase its value. There are many great benefits derived from purchasing another company including instant access to new customers, products and markets; acquiring new talent, equipment, and technology; removing a competitor from the playing field; and getting a big bump up in
Achieving Success: Growth Through Acquisition Read More »
In a recent article in NJBIZ, Alan Scharfstein shared his top three recommendations to business owners considering a business sale or acquisition. 1 Understand the true value of your business: the value of a company is more than just a multiple of revenue or earning; understand what value your company will bring to prospective buyers
Join Alan Scharfstein at this New Jersey ACG event! For more information, visit the ACG event website.
Protecting and Growing Business Value in a World of Disruptive Change Read More »
DAK served as exclusive investment banker and financial advisor to La Cena, initiating the transaction and managing the divestiture process. The transaction capitalizes on La Cena’s long history of building a high-quality, branded Caribbean food line throughout the northeast while simultaneously expanding its distribution network throughout the southeastern United States. The acquisition marks a significant
DAK Announces Sale of La Cena Fine Foods, Ltd to Diaz Foods Read More »
Sandy Batkin, 91, Managing Director at DAK and former CEO of Universal Folding Box Co. was interviewed by Brett Johnson of NJ Biz on working with clients in the 21st Century, the power of 70 years of learning, important business lessons that stood the test of time, and inspiring Millennials. (Read here)
Five best practices will help your family to thrive – not just survive – after the sale of your business.We’ve all heard horror stories of a family business sale gone awry. Often the problems result from lack of coordination and cooperation among divergent family factions.
Making a Graceful Exit Read More »
DAK Capital, a unit of DAK, has successfully led the strategic acquisition of the Systems Business unit of EarthLink, Inc. (NASDAQ: ELNK) based in Atlanta, GA, on behalf of Forerunner Technologies, Inc. headquartered in Bohemia, NY. The transaction marks the second acquisition led by DAK Capital and Managing Director, Lisa Stern, for Forerunner which acquired
Second Growth Acquisition for Forerunner Technologies Read More »
Michael Richmond, Managing Director at DAK, addressed members of Independent Cosmetic Manufacturers and Distributors (ICMAD) on the subject of improving the financial value of their businesses. In his talk in September 2011, he discussed the drivers of value and offered suggestions that would enhance a business’s potential multiple of EBITDA (earnings before interest, taxes and
“Increase the Value of Your Business” Read More »
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VCI is the preeminent full lifecycle sales and service provider of emergency ambulance solutions to first aid squads, EMS organizations, fire departments, hospital organizations, municipalities, and private medical transport companies in the Mid-Atlantic Region. VCI was recapitalized by private equity firms Tightrope Capital Partners and NewSpring Capital.
DAK led a competitive, sell-side process for VCI, generating multiple offers from a wide range of strategic buyers and financial sponsors. By positioning the combination of VCI’s market leadership position, comprehensive services offering, strong manufacturer relationships, and robust backlog, DAK achieved an outstanding outcome for the company’s shareholders.
The acquisition provides the shareholders of VCI an opportunity to accelerate its growth strategy by expanding its core ambulance business, building out the value-added segments of conversions and remounts, implementing operational improvements, and pursuing acquisitions with the help of its new partners. Tightrope and NewSpring have an opportunity to leverage VCI’s strong management team and operating platform to build a multi-regional player in emergency ambulance solutions.
