DAK Group Ranks Top 10 Sell-Side Advisor: Highest Average Deal Pursuit Rates

Rochelle Park, NJ – DAK has been recognized as a Top 10 Sell – Side Advisor for Q3 by Axial the largest online transaction platform for middle market mergers and acquisitions professionals.

Josh Huntsman of Axial stated, “DAK scored as one of the Top Ten because buyers are aware of their reputation for bringing high quality companies to market, skilled ability to position the value of a business, and compelling marketing materials that are appealing and provide just the right amount of information.”

DAK uses the Axial platform as one of its many resources for confidentially identifying prospective buyers to acquire clients’ businesses in a sell-side process. Prospective buyers search the platform for potential acquisitions based on certain criteria.

Axial uses the Pursuit Rate to track the level of buyer interest in businesses marketed via the Axial platform. The metric for each target company rises as would-be acquirers pursue more information and show interest in specific companies. The average pursuit rate at the end of Q3 2022 was 11.9%, DAK scored almost double that.

During a Sell- Side process The DAK Team runs a strategic worldwide search in order to identify a number of highly qualified potential buyers to create a competitive bidding situation for its clients’ businesses.

DAK has a knack for researching and identifying the “unexpected” buyer that often pays a premium value for a business because it aligns well with their goals. The DAK Process digs deep when sourcing potential buyers, tapping its rich propriety database built on relationships over 35 years, along with other sources including the Axial platform.

“Axial has built a superior platform providing a source of high-quality prospective buyers. We are thrilled at being ranked so highly by the buyers and are pleased that we can motivate them to take the “next step on the platform.” stated Alan Scharfstein, CEO, DAK.

Click here to read the full Axial report: Lower Middle Market Pursuits: Buyer Sophistication Drives Quality in Q3.

About DAK

DAK is a leading investment bank serving mid-market privately held businesses in the areas of mergers and acquisitions, business sale, financial restructuring, bankruptcy, capital advisory, valuations, and fairness opinions. Since 1984, DAK has executed hundreds of transactions across a wide range of industries. The goal is always the same, to maximize value for our clients. Headquartered in Rochelle Park, NJ, with clients nationwide and abroad.

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VCI – Emergency Vehicle Specialists recapitalized by Tightrope Capital & NewSpring Capital

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