The entrepreneurial 65‐year‐old founder of a 25‐year‐old trucking company generating revenues of $8.5 million and EBITDA of just under $3 million wanted to retire and sell his company. He felt it was worth $10 million on the open market,
A young management team of a profitable $17 million per year audio visualcompany had attempted to go on an acquisition trail but found the process to be time-consuming and a defocus from their core business. Further, they felt they didn’t have the
The owners of a 25 year old pressure vessel manufacturing company serving the oil industry in Alberta were experiencing significant growth and a shortage of high grade welders. They had identified an automated welding machine in
Company is a well established $100 million Construction Materials Manufacturer, owned by a 75 year old entrepreneur and run day‐to‐day by his two sons. The family wanted to sell the company and one son wanted to stay involved in the
So how do you go about obtain-ing proper value for your businesswhen it’s time for you to let it go andmove on? And to whom doyou sell it? Perhaps you have somechoices.For example, yoursons or daughters who mayor may not be the best qualified to run it.
(Calgary, Alberta) Meridian International Merchant Capital Inc. announced today sponsorship of the EPIC Conference, to be held in Calgary September 10-12, hosted by Canada’s premiere angel investment organization, The VA Angels.
(Calgary, Alberta) Meridian International Merchant Capital Inc., of Calgary, Alberta, (Meridian) announced the successful completion of its involvement in the acquisition of the Phoenix Coyotes by Renaissance Sports and Entertainment. LLC, from the NHL.
Asked how his company has quickly earned a reputation as a leader in bringing capital and other vital services to small and medium-sized enterprises, Keith Turner doesn’t hesitate. “We put the right people together with the right money at the right time.
It is estimated that there arehundreds of entrepreneur-built companies in WesternCanada that have achievedrevenues of at least $10 millionand where the original founderis looking for an exit.One op-tion that many business ownersaren’t aware.