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The Real Deal - Our Clients' Success
Early 2006, I was introduced to Ivar Sorensen and Jon Freeland of The M&A Group, by one of their existing clients who gave me very good feedback on their performances during mergers and acquisition processes. At that time I had already worked with two different consultants with no satisfactory results. It became clear that what I needed was a group that could support me with the negotiations during a process that for a founder of a company is quite emotional. The preparation work was virtually entirely done by The M&A Group which allowed management of D-TARGET to continue the business while potential parties were contacted and evaluated without much interference with daily business. Throughout the process I appreciated the fact that my personal objectives were fully translated in the share purchase agreement, i.e. short earn-out which finally ended up at six months, open long-term commitment of collaboration, and a few other logistical points that were implemented to my entire satisfaction. The Share Purchase Agreement was finalized and implemented on 13th of July 2007 which in all was a very short process given the fact we started in February. I must praise the negotiation skills of Ivar Sorensen, the work of The M&A Group as a whole to prepare the documentation, the continuous support based on extensive experience during due diligence and share purchase agreement negotiations, as well as the excellent collaboration with the legal team involved. Without all this I would not have survived the process. I can highly recommend The M&A Group to anybody who wants to embark on a merger and acquisition process. I certainly feel comfortable repeating the exercise should the opportunity present itself, knowing these people will be there to assist. Danielle Giroud, Founder and former President
Thank you so much for your help and guidance throughout the due diligence, negotiation and transaction process. I entered into our negotiations with Powel, in retrospect, with more than a little naiveté. Although I had had prior transaction experience, none of my prior deals approached this order of magnitude nor did they contain the levels of financial complexity. During my search for an appropriate advisor, your name came up several times from several sources-all with stellar recommendations. I would like to add my name to your fan club. Throughout the entire course of our discussions, you provided well grounded, logical advice on which the financial and engineering-type personalities on both sides of the table could agree. In particular, the series of MiniMax and Powel financial metrics you assembled for comparison purposes turned out to be singularly brilliant. I firmly believe you helped maximize the transaction value, went above and beyond the terms of our agreement to help settle internal shareholder issues, and helped me learn a number of invaluable lessons along the way. Thank you again for your advice and guidance. I can't wait for us to work on our next acquisition together. Corey R. Maple, CEO
The M&A Group was thorough and diligent in the search for an acquisition appropriate to our requirements. You developed accurate and timely financial pro formas for our analysis, and were instrumental in the successful negotiation and closing of our purchase agreement. We were very satisfied with the investment group you assembled, and are now enjoying a successful and productive working relationship. You certainly had our best interests as a customer in mind all along the way. I'm proud of our association with The M&A Group, and want you to know I value the good business relationship we have developed. The best report is, of course, that after 6 months, we are profitable and growing!
Todd L.Dyste, president
I have finally found an opportunity to appropriately thank you for your exceptional service rendered to the Board of Directors of Planning and Management Consultants, Ltd. during the sale and acquisition process of our company. Your deliberate, yet unobtrusive, style was perfectly correlated with our personalities and, as a result, you got our complete involvement when you needed quick replies to crucial reviews. You coordinated very well with our corporate attorneys and our buyer and all parties were sincerely pleased with your expertise and coordination skills. I hope you will find an appropriate way of displaying our pride in The M&A Group for all to see!
John F. Langowski, Jr., Ph.D., president
I wanted you to know how thoroughly satisfied I am with the work you and your associates did in relation to the sale of our subsidiary, Shopworks, Inc. My goals were to find a buyer that would retain all employees, value assets fairly and close the transaction by a critical deadline. My goals were reached and the process far less stressful than I imagined.
Steven L. Utne, president
© 2008 THE M&A GROUP, All Rights Reserved.
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