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 »
Deciding when to sell the family business is not a quick or easy task. To help frame the process, ask yourself the following questions to determine if the time is right to exit:
Time to Sell? Five questions that will help determine if it’s the right time to sell Read More »
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.
