Simplifying the Main Street Business Sales Process
Week of November 8th Lower Middle Market Highlights
Happy Friday and thanks to the 78 new subscribers who joined since the last edition. We’re the only news source tracking lower middle market M&A. Our goal is to keep you up to date on the latest information/transactions in the market and highlight market participants that are doing interesting things in the space.
This Week’s Feature
This week we're highlighting DealBuilder by Paratus Business Resources. DealBuilder is a deal support platform re-inventing the business-for-sale process for Main Street and the Lower Middle Market.
After operating under the traditional brokerage model for the past decade, Co-Founders Keith Mackenzie, Mike Lenz, and Morgan Tate recognized a few problems:
Not every business requires a full-service broker, but most owners are unprepared to sell their business themselves.
Inconsistent deal processes (NDAs, CIMs, valuations, etc.) cause deals to fall apart.
M&A transaction costs are significant in comparison to other industries
Having previously completed over 250 successful transactions, the team has witnessed the good, the bad, and the ugly of M&A. Learning from these experiences, DealBuilder is designed to reduce transactional costs while keeping the deal process simple & efficient for both buyers & sellers.
DealBuilder offers a flat 2% fee-for-service model to Sellers and is free for Buyers. As a part of their fee, DealBuilder Sellers receive:
A dedicated 'Deal Manager' for support throughout the entire sales process
Access to DealBuilder's valuation software
Their own 'Digital CIM' to present to buyers (see an example CIM here)
DealBuilder is industry agnostic and currently works with Sellers across Canada, the USA, and the UK.
You can learn more about DealBuilder by visiting the following links:
This Week’s LMM Activity
Peterson Partners, Trilogy Search Partners, and Maven Equity invest in hospice and home health co., Ennoble Care Link
CAI Capital Partners invests in traffic infrastructure electrical services provider, Midwestern Electric Link
Southfield Capital-backed Ntiva expands IT services footprint in Washington DC and the Rocky Mountains with acquisitions of NetLogicDC and Navakai Link
Nova Capital Management and Landon Capital Partners acquire engine management and fuel systems co., Wallbro Co. Link
SaaS platform Reepay joins forces with PSG-backed billwerk Link
NexPhase Capital sells Popcornopolis to Grupo Bimbo Link
HCI Equity Partners-backed Tech24 acquires Commercial Kitchens Link
PSG acquires SaaS-based electronic signature solutions, Universign Link
Michigan Institute of Urology (MIU) Joins Lee Equity Partners-backed, Solaris Link
RiverGlade Capital-backed USOSM partners with Oyster Point Oral & Facial Surgery of Newport News, VA Link
PennSpring Capital exits Securus Contact Systems and acquires Mobiniti to bolster its business process outsourcing portfolio Link
Nexphase Capital invests in healthcare marketing agency, Calcium Link
Seaport Capital invests in live entertainment co., Family Entertainment Holdings Link
Southfield Capital-backed American Refrigeration Company acquires Global Mechanical Link
HC Private Investments invests in logistics co. to the QSR market, Customized Distribution Link
Stone-Goff Partners sells marketing and sales solutions provider, The Channel Company, to EagleTree Capital Link
True Wind Capital raises $817m to invest in leading technology companies Link
Canadian based Iron Bridge Equity Partners raises Fund IV at C$383m Link
Peterson Partners: Brand building and entrepreneurship with Davis Smith Link
Grand Rapids-based Blackford Capital, spreads its wings Link
McDonald’s and IBM are partnering to bring AI-powered drive-thrus to restaurants Link
Despite losing market share, smaller asset managers keep battling the giants Link