As firms prepare for mergers & acquisitions, advisers say both sides can benefit from deep dive
How To Prepare A Client’s Closely Held Business For Sale In Uncertain Times Read More »
https://youtu.be/cswuKHQeaZY Selling your business is one of the most pivotal financial decisions you’ll ever make—and preparation is everything. In this episode of Shenkman Education, DAK Managing Director Michael Richmond and host Martin Shenkman uncover the key factors behind a successful sale, from proving sustainable future performance to strengthening your management team and maintaining financial transparency.
Sale of A Closely Held Business Read More »
DAK’s, Managing Director, Michael Richmond, joins Shenkman Wealth Management’s President Jonathan I. Shenkman, as a panelist for their Fall Webinar Series. Michael, along side Bernadette Kasnicki, Esq., LL.M, Partner, Rivkin Radler, LLP and Avi Sinensky, Esq., Partner, Rivkin Radler, LLP cover the business, legal, and estate planning issues that arise when selling a family business.
Selling a Family Business: Legal, Financial, & Estate Planning Considerations Read More »
Should I Sell My Company in 2023 or Wait? What Can I Do To Be Ready?
Should I Sell My Company in 2023 or Wait? What Can I Do To Be Ready? Read More »
Business Exit Stories Podcast featuring Michael Richmond
Business Exit Stories Podcast featuring Michael Richmond Read More »
Business Exit Stories Podcast: Why A Company That Was Growing Exponentially Couldn’t Get Sold Pt 1 featuring Michael Richmond
5 Ways to Earn Maximum Value When You Sell Your Business
Prior to committing or launching a sale process, these steps can help you prepare your business and communication strategy to ensure success.
5 Ways to Earn Maximum Value When You Sell Your Business Read More »
Podcast Interview: Succession Planning Post COVID-19
Podcast Interview: Succession Planning Post COVID-19 Read More »
How to Determine a Realistic Value for Your Client’s (or Your Own) Business
How to Determine a Realistic Value for Your Client’s (or Your Own) Business Read More »
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How to Prepare Your Clients Business for a Business Sale 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.
