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 […]
The CEO of a family business, had a sixty-plus-year legacy and knew he needed to make a change. That’s the gist of an interview with Mike Richmond, Managing Director at DAK, with Emily Sackett, Senior Marketing Manager at Axial, recently published on Axial Forum. From the page: When it was time for Craftmaster Hardware, a
Finding a Fit for the Family Business Read More »
What you need to know about Financial Buyers, Strategic Buyers and the new Hybrid Buyer (even if you are not planning to sell for many years).
Selling Your Company: Which Buyer is Best? Read More »
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 »
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.
