Tag Archive for: ExitPlanning

The Doomsday Ratio

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Is your company prepared to survive a doomsday scenario? Economic uncertainty can emerge quickly and challenge even well-managed businesses. Without meaningful financial measurements, business owners may struggle to understand how their companies are truly performing.

Financial ratios provide objective benchmarks for evaluating a company’s financial health. They convert information from the income statement and balance sheet into standardized measurements. Owners can compare those measurements over time, against competitors, or across the broader industry. These comparisons often reveal strengths, weaknesses, and trends that traditional financial statements may not immediately identify.

Liquidity ratios deserve special attention during periods of economic uncertainty. These ratios measure a company’s ability to satisfy short-term obligations without raising additional capital. Strong liquidity provides flexibility, supports daily operations, and helps businesses withstand unexpected disruptions.

Common liquidity ratios include the current ratio, quick ratio, days sales outstanding, and the Doomsday Ratio. Each ratio measures liquidity from a different perspective and provides valuable insight into financial stability.

The Doomsday Ratio offers the most conservative measure of liquidity. It assumes the worst possible operating environment and ignores every current asset except cash and cash equivalents. The ratio is calculated by dividing cash and cash equivalents by current liabilities. The result indicates whether available cash can satisfy short-term obligations without relying on receivables, inventory, or external financing.

The Doomsday Ratio becomes even more valuable when tracked over time. A declining ratio may signal increasing financial pressure before more serious problems develop. An improving ratio may indicate stronger cash management and greater financial resilience.

No single financial ratio tells the entire story. Business owners should evaluate multiple ratios together and consider industry benchmarks when assessing financial performance. An experienced M&A advisory team can help interpret these measurements, identify potential risks, and recommend strategies that strengthen financial performance before a crisis occurs.

Delta Services, LLC has been acquired by The State Group, Inc.

Delta Services, LLC has been acquired by The State Group, Inc.

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ABOUT THE TRANSACTION:

Delta Services, LLC (the “Company” or “Delta”) has been acquired by The State Group Inc.

DELTA SERVICES, LLC:

The Company launched in 2004 and operates from Louisville, Kentucky. Delta Services functions as a privately owned, bonded, and fully insured electrical contractor. The team delivers electrical construction, communication systems, fire and security systems, safety services, utility distribution, and PLC controls. Delta operates across Kentucky, Southern Indiana and surrounding states. The Company employs over 230 union electricians and 35 additional staff members.

THE STATE GROUP, INC.:

The State Group launched in 1961 and operates from Toronto, Canada. The company provides comprehensive electrical and mechanical trade services to Fortune 100 clients. It serves the power generation, automotive, oil and gas, communications, metals and transportation industries. The State Group is backed by New York-based private equity firm, Blue Wolf Capital Partners LLC, and Vancouver-based private equity firm, Yellow Point Equity Partners. The company operates 18 offices throughout the United States and Canada. Additionally, it employs over 800 professionals and skilled trades people across eleven crafts. These teams complete nearly 2,000 projects each year. They repair, maintain and construct critical infrastructure. The team prioritizes safety and delivers consistent, high-quality execution.

“Our successful sale to State Group is a testament to our team’s collective effort to be the best in providing high quality, value added electrical solutions for our customers and to our commitment to the local communities we serve,” said Kevin Waldron, President of Delta Services. “We’re excited to join State Group as we begin the next chapter of Delta Services’ growth and success.”

“The addition of Delta Services provides an exciting opportunity to partner with a company aligned with our own values in prioritizing quality of service, not price,” said Thomas Santoni, President and CEO of The State Group. “Delta Services has a strong brand built on a foundation of nearly 40 years of high quality service. We are proud to welcome Kevin and the entire Delta team into the State Group family as we grow our existing business in Louisville and expand our footprint into greater Kentucky and Southern Indiana.

Allston Advisory Group served as the exclusive financial advisor to Delta Services, LLC, and conducted a confidential, competitive sale process that included both strategic and financial buyers.

ABOUT ALLSTON ADVISORY GROUP:

Allston Advisory Group is an experienced M&A advisory firm providing mergers & acquisitions, business valuations, and exit strategies, to lower middle market companies. The firm has an established track record of serving corporate clients across a broad spectrum of industries throughout the United States. Allston Advisory Group has the experience, professional fortitude, and quality of work that enable the firm to consistently deliver high-level results to its clients.

For additional information on this transaction, please contact one of our advisors.

NEWS SOURCES: 

Business Wire

EC&M

Crunchbase

Bloomberg

Comstock Brothers Electric Company, LLC has been acquired by The State Group, Inc.

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ABOUT THE TRANSACTION:

Comstock Brothers Electric Company, LLC (the “Company” or “Comstock”) has been acquired by The State Group Inc.

COMSTOCK BROTHERS ELECTRIC COMPANY, LLC:

The Company launched in 1999 and operates from Louisville, Kentucky. Comstock functions as a privately owned, bonded, and fully licensed electrical contractor. The team delivers power distribution, electrical construction, process controls, conveyors, and package handling solutions. Additionally, Comstock serves automotive clients and provides design-build and electrical testing services. Comstock Brothers Electric Company creates value through responsive service, strong diagnostic capabilities, and reliable execution. The team meets critical deadlines and consistently “Exceeds Energy Expectations.”

THE STATE GROUP, INC.:

The State Group launched in 1961 and operates from Toronto, Canada. The company provides comprehensive electrical and mechanical trade services to Fortune 100 clients. It serves the power generation, automotive, oil and gas, communications, metals and transportation industries. The State Group is backed by New York-based private equity firm, Blue Wolf Capital Partners LLC, and Vancouver-based private equity firm, Yellow Point Equity Partners. The company operates 18 offices throughout the United States and Canada. Additionally, it employs over 800 professionals and skilled trades people across eleven crafts. These teams complete nearly 2,000 projects each year. They repair, maintain and construct critical infrastructure. The team prioritizes safety and delivers consistent, high-quality execution.

Allston Advisory Group served as the exclusive financial advisor to the Comstock Brothers Electric Company, LLC, and conducted a confidential, competitive sale process that included both strategic and private equity buyers.

ABOUT ALLSTON ADVISORY GROUP:

Allston Advisory Group is an experienced M&A advisory firm providing mergers & acquisitions, business valuations, and exit strategies, to lower middle market companies. The firm has an established track record of serving corporate clients across a broad spectrum of industries throughout the United States. Allston Advisory Group has the experience, professional fortitude, and quality of work that enable the firm to consistently deliver high-level results to its clients.

For additional information on this deal, please contact one of our advisors.

Express Waste Removal and Recycling has been Acquired by a Private Investment Group

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ABOUT THE DEAL:

Express Waste Removal and Recycling (“the “Company” or “Sellers”) has been acquired by a private investment group (the “Buyer”).

Headquartered in Ellettsville, Indiana, Express Waste Removal and Recycling has provided dependable, cost-effective waste collection and recycling services to residential and commercial customers throughout Bloomington, Ellettsville, and the surrounding Monroe County area for more than a decade. Throughout its history, the Company established a reputation for exceptional customer service, reliable operations, and disciplined route density. These strengths supported consistent growth and created a scalable operating platform that attracted buyer interest.

The acquisition positions the Company for continued growth while providing the Sellers with a successful ownership transition. Furthermore, the transaction allows the Buyer to expand its presence in an attractive market through an established business with a loyal customer base and an experienced operating platform.

Allston Advisory Group served as the exclusive financial advisor to Express Waste Removal and Recycling throughout the transaction. The engagement included a business valuation, transaction planning, buyer identification, coordination of due diligence, negotiation support, and management of a confidential sale process. By creating a competitive marketplace among qualified buyers, Allston helped position the Company to achieve the Sellers’ liquidity objectives while maintaining strict confidentiality throughout the transaction.

The successful completion of this transaction reflects the importance of careful planning, disciplined execution, and effective collaboration among the Sellers, Buyer, and professional advisors. Allston Advisory Group is proud to have represented Express Waste Removal and Recycling during this important milestone.

ABOUT ALLSTON ADVISORY GROUP, LLC:

Allston Advisory Group is an experienced mergers and acquisitions advisory firm serving lower middle market businesses throughout the United States. The firm provides sell-side advisory, business valuations, and exit planning services across diverse industries. Allston combines transaction expertise with personalized client service to help business owners maximize value and achieve successful outcomes.

For additional information on this transaction, please contact one of our advisors.

PEDIA RESEARCH, LLC HAS BEEN ACQUIRED BY QUALMEDICA RESEARCH, LLC

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ABOUT THE TRANSACTION:

Pedia Research, LLC (“Pedia” or the “Company”) has been acquired by Qualmedica Research, LLC (“Qualmedica” or the “Buyer”).

Headquartered in Evansville, Indiana, Pedia Research, LLC has conducted clinical research for pharmaceutical and healthcare organizations for more than twenty years. The Company operates with a focused mission of “Improving Health Through Research.”

Pedia’s multidisciplinary team includes physicians, scientists, nurses, study coordinators, and administrative specialists. Together, they conduct clinical studies involving infants, children, adolescents, and adults. These studies help evaluate the safety and efficacy of new and improved pharmaceutical and healthcare products.

Throughout its history, Pedia has provided important clinical research data to pharmaceutical companies developing treatments for various diseases and conditions. Additionally, the Company advances medical knowledge through published research findings and contributions to scientific literature. Pedia has also developed innovative approaches to participant recruitment and clinical trial execution. These capabilities have strengthened the Company’s relationships with sponsors and supported its commitment to efficient, high-quality clinical research.

Qualmedica Research, LLC is a multi-site clinical research organization with more than twenty years of experience conducting pharmaceutical research. The company partners with physicians and sponsors to advance safe, effective, and meaningful therapeutics for patients. Furthermore, Qualmedica conducts Phase II, III, and IV clinical trials across a broad range of therapeutic areas. Its customer base includes more than 100 pharmaceutical companies and contract research organizations.

The acquisition brings together two experienced clinical research organizations with complementary capabilities and a shared commitment to advancing patient health. Moreover, the transaction provides Pedia with additional resources and infrastructure to support its continued development.

Allston Advisory Group served as the exclusive financial advisor to Pedia Research, LLC throughout the transaction process. Allston performed an Analysis of Value and developed a confidential marketing strategy for the Company. Additionally, Allston identified prospective buyers and managed a competitive sale process on behalf of the Sellers. As the transaction progressed, Allston coordinated buyer communications, assisted with due diligence, and supported negotiations through closing. These efforts helped maintain transaction momentum while allowing Pedia’s leadership to remain focused on the business.

ABOUT ALLSTON ADVISORY GROUP, LLC:

Allston Advisory Group is an independent mergers and acquisitions advisory firm serving lower middle market businesses throughout the United States. The firm provides sell-side advisory, business valuations, and exit planning services to privately held companies across diverse industries. Allston combines practical transaction experience with a disciplined and confidential approach to mergers and acquisitions. The firm works closely with business owners to understand their objectives and manage each stage of the transaction process.

For additional information about this transaction, please contact one of our advisors.

Independent Stave Company

KENTUCKY BOURBON BARREL HAS BEEN ACQUIRED BY INDEPENDENT STAVE COMPANY

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ABOUT THE TRANSACTION:

Kentucky Bourbon Barrel (“KBB” or the “Company”) has been acquired by Independent Stave Company (“ISC” or the “Buyer”).

Headquartered in Louisville, Kentucky, KBB operates at the center of one of the world’s most important bourbon markets. The family-owned company supplies high-quality, ready-for-filling used barrels to distilleries, wineries, and breweries worldwide.

KBB has built a reputation around the quality and diversity of its used bourbon and whiskey barrels. Previously filled barrels can impart distinctive aromas, flavors, and characteristics to spirits, wine, and beer. As a result, these barrels provide producers with additional opportunities to develop unique products and flavor profiles.

Independent Stave Company is a family-owned cooperage serving customers in more than 40 countries. The Boswell family founded ISC in 1912, establishing a business centered on cooperage craftmanship, innovation, and customer service. Today, ISC produces new oak barrels and other cooperage products for the spirits, wine, and brewing industries. The acquisition of KBB expands ISC’s ability to provide customers with sought-after previously filled barrels. Furthermore, the combination broadens access to barrels that previously aged bourbon, whiskey, and other distinctive liquids. These barrels can provide unique characteristics for customers developing new or differentiated products.

Tim Ratliff, President and co-owner of KBB, expressed enthusiasm about partnering with an organization sharing the Company’s vision and founding principles. He also emphasized KBB’s continued commitment to quality, service, product availability, and a diverse barrel portfolio. The transaction brings together two family-owned companies with complementary capabilities and strong positions within the cooperage and barrel industries. Additionally, Independent Stave Company provides KBB with resources and industry experience to support future opportunities while maintaining its commitment to customers.

Allston Advisory Group served as the exclusive financial advisor to Kentucky Bourbon Barrel and its owners. Allston performed an Analysis of Value and developed a confidential marketing strategy for the Company. Additionally, Allston identified prospective buyers, managed negotiations, assisted with due diligence, and facilitated the transaction through closing. Consequently, the transaction provided liquidity to KBB’s owners while establishing a strategic partnership with an experienced industry leader. The transaction structure also incorporated a stock exchange designed to address the Sellers’ objectives. Importantly, the combination provided KBB’s employees and customers with continuity under an established, well-capitalized new owner.

ABOUT ALLSTON ADVISORY GROUP:

Allston Advisory Group is an independent mergers and acquisitions advisory firm serving lower middle market companies throughout the United States. The firm provides sell-side advisory, business valuations, and exit strategies, to privately held companies across diverse industries. Allston works closely with business owners to understand their financial, strategic, and personal objectives before entering the market. The firm then manages a confidential and disciplined transaction process from initial preparation through closing.

For additional information on this transaction, please contact one of our advisors.

NEWS SOURCES: 

Private Capital Markets: Is Now the Time to Sell?

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The private capital markets are experiencing strong transaction activity, favorable valuations, and significant demand for quality middle market companies. For business owners considering an exit, current conditions deserve careful attention. Robert T. Slee, an investment banker and influential author, examines private market cycles in Private Capital Markets: Valuation, Capitalization, and Transfer of Private Business Interests. Slee’s research suggests that U.S. private markets operate within approximately ten-year transfer cycles.

According to this framework, the market currently favors sellers. Strong earnings, available financing, and significant buyer demand continue to support attractive valuations for quality businesses. However, favorable market conditions rarely continue indefinitely. Slee’s market-cycle analysis suggests this seller’s market may begin weakening toward the end of 2017. Thereafter, the market could enter a period of uncertainty through approximately 2020. The framework anticipates a buyer’s market following that neutral period. Under this scenario, weaker conditions could continue through approximately 2023 before the cycle begins strengthening again.

Meanwhile, several factors continue supporting today’s active M&A environment.

Private equity groups maintain substantial capital (“dry powder”) available for acquisitions and continue pursuing quality companies. In particular, they seek businesses with sustainable cash flows, strong management teams, defensible market positions, and meaningful growth opportunities. At the same time, strategic buyers continue using acquisitions to supplement organic growth. Acquisitions may provide immediate access to customers, geographic markets, products, technologies, employees, and other strategic capabilities. Demographic trends create another important consideration within the private capital markets. A significant population of middle market business owners are approaching traditional retirement age. Consequently, more owners may pursue liquidity and succession strategies during the coming years.

An increasing supply of businesses for sale could eventually affect market dynamics. More sellers competing for buyer attention may place pressure on valuations, particularly if economic conditions or financing markets weaken. For business owners, these trends reinforce the importance of early exit planning. Preparing a company for sale may require several years of deliberate work. Owners should strengthen earnings, develop management, diversify customers, improve financial reporting, and address identifiable business risks. They should also establish realistic valuation expectations and clearly define their personal and financial objectives.

No business owner can perfectly predict the next market cycle. Nevertheless, understanding conditions within the private capital markets will help owners make informed decisions about timing. For owners considering an exit within the next several years, 2016 provides an important opportunity to evaluate their alternatives. Early preparation creates flexibility and positions owners to act while market conditions remain favorable. Whether it’s selling to a private equity group, a strategic, or watching your “baby” flourish, Allston Advisory Group has the experience to assist you with the desired transaction for your business.

THE PROSPECT VILLAGE SHOPPING CENTER HAS BEEN ACQUIRED BY KROGER

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ABOUT THE TRANSACTION:

The Kroger Co. (NYSE: KR) has acquired The Prospect Village Shopping Center from Montfort Helm Enterprises, LLC (the “Seller”).

Built in 2000, Prospect Village contains approximately 153,486 square feet of retail space. The Center is located along Highway 42 in Prospect, Kentucky. The property occupies a desirable location within one of the Louisville metropolitan area’s most affluent communities. Additionally, its location provides convenient access to surrounding residential neighborhoods and commercial areas. At the time of the transaction, Prospect Village is approximately 90 percent occupied. The tenant roster includes several national retailers and service businesses. A newly renovated Kroger Marketplace anchors the Center and serves as its primary traffic generator. Other tenants include Starbucks Coffee, Snap Fitness, Subway, Great Clips, and additional retailers.

STRATEGIC FIT WITH KROGER: 

Kroger is one of the world’s largest grocery retailers and operates stores throughout numerous markets across the United States. The company operates grocery stores, multi-department stores, convenience stores, and other retail formats. Kroger already maintains an established operating presence within Prospect Village as the Center’s anchor tenant. Therefore, acquiring the property provides Kroger with greater control over an important retail location.

The acquisition also strengthens Kroger’s real estate position within the Louisville market. Furthermore, Kroger intends to expand the property’s facilities to accommodate fuel sales. Ownership provides Kroger with greater flexibility regarding future improvements and the long=term operation of its Marketplace location. The acquisition also aligns the Center’s ownership with its principal anchor tenant.

ALLSTON ADVISORY GROUP’S ROLE: 

Allston Advisory Group served as the exclusive financial advisor to Montfort Helm Enterprises, LLC. The firm performed an extensive valuation assessment of Prospect Village before initiating the sale process. Next, Allston identified prospective strategic and financial buyers capable of acquiring the Center. The firm marketed the property to national, regional, and local investor groups.

Subsequently, Allston conducted a formal auction process designed to create competition among the prospective purchasers. Through this process, the marketplace established a premium valuation for the property. Notably, Kroger held a right of first refusal to the Center. After completion of the competitive process, Kroger exercised that right and acquired the property.

Accordingly, the competitive process provided the Seller with market validation before Kroger exercised its contractual purchase rights. In turn, Kroger secured ownership of the shopping center containing its established Marketplace location. The transaction demonstrates how a competitive sale process may establish market value even when contractual purchase rights affect the final buyer.

ABOUT ALLSTON ADVISORY GROUP:

Allston Advisory Group is an experienced mergers and acquisitions advisory firm serving privately held lower middle market companies. The firm provides mergers and acquisitions, business valuations, and exit strategies. Allston works closely with business owners to understand their objectives and prepare their companies for the transaction process. The firm then manages a disciplined and confidential sale process from initial preparation through closing.

For additional information about this transaction, please contact one of our advisors.

LYNN’S PARADISE CAFÉ HAS BEEN ACQUIRED BY FRESH CAPITAL GROUP

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ABOUT THE TRANSACTION:

The former Lynn’s Paradise Café property in Louisville, Kentucky has been acquired by Fresh Capital Group (“Fresh Capital” or the “Buyer”).

Lynn’s Paradise Café opened its doors in 1991 and became one of Louisville’s most recognizable restaurant destinations. The Café attracted a diverse clientele through its distinctive atmosphere, creative menu, and unconventional approach to dining. For more than two decades, owner Lynn Winter developed a concept centered around food, entertainment, and community. The colorful property became closely associated with the Café’s personality and Winter’s original vision. Following the Café’s unexpected closure, the property presented a unique opportunity for a new owner. However, identifying the appropriate buyer required recognizing both the property’s economic potential and its distinctive character.

STRATEGIC FIT WITH FRESH CAPITAL GROUP: 

Fresh Capital Group is a Nashville-based commercial real estate development and management company focused primarily on the Southeastern United States. At this time, the company manages a real estate portfolio valued above $350 million. Fresh Capital specializes in restaurant build-to-suit projects and multi-tenant restaurant developments. Additionally, its portfolio includes office buildings, single-tenant properties, and retail centers.

The company’s experience with restaurant properties makes the former Lynn’s Paradise Café location a natural addition to its portfolio. Moreover, Fresh Capital brings development expertise and financial resources to the property. Fresh Capital also emphasizes preserving properties that contribute economic and cultural value to their surrounding neighborhoods. That philosophy aligns well with the history and recognizable character of the Lynn’s Paradise Café property. Lynn Winter expressed confidence in the buyer’s financial resources and operating capabilities. She also emphasized the value of finding an experienced organization capable of moving the property forward.

ALLSTON ADVISORY GROUP’S ROLE: 

Following the Café’s closure, the restaurant and property remained on the market for approximately twelve months without generating a satisfactory offer. Thereafter, the sellers engaged Allston Advisory Group as their exclusive financial advisor. Allston performed an Analysis of Value and evaluated the property’s marketability under the circumstances. The firm also prepared a comprehensive Confidential Information Memorandum presenting the opportunity to prospective buyers.

Nest, Allston developed a targeted marketing process and contacted qualified buyers locally, regionally, and nationally. The outreach included prospective buyers with the financial resources and experience necessary to pursue the opportunity. Throughout the process, Allston managed communications and maintained confidentiality on behalf of the sellers. The firm also facilitated negotiations and worked with the parties as the transaction progressed toward closing.

As a result, the transaction provided the seller with the desired liquidity after an extended marketing period. The property also transitioned to an established and well-capitalized new owner with significant restaurant real estate experience. The successful transaction demonstrates the value of targeted buyer identification when traditional marketing efforts fail to produce an acceptable outcome.

ABOUT ALLSTON ADVISORY GROUP:

Allston Advisory Group is an independent mergers and acquisitions advisory firm serving privately held lower middle market companies. The firm provides mergers and acquisitions, business valuations, and exit strategies. Allston works closely with business owners to understand their objectives and prepare their companies for the transaction process. The firm then manages a disciplined and confidential sale process from initial preparation through closing.

For additional information on this transaction, please contact one of our advisors.

NEWS SOURCES:

TRAFFIC BUILDERS HAS BEEN ACQUIRED BY GS MARKETING

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ABOUT THE TRANSACTION:

GS Marketing, Inc. (“GSM” or the “Buyer”) has acquired Traffic Builders, Inc. (“Traffic Builders” or the “Company”).

Headquartered in Louisville, Kentucky, Traffic Builders is a multichannel direct marketing agency serving more than 300 automobile dealerships nationwide. The Company works with dealerships representing a broad range of automobile manufacturers. With approximately 20 full-time employees, Traffic Builders specializes in results-driven automotive marketing programs. Its programs help dealerships attract new customers, increase existing customer activity, and reengage customers who have stopped doing business. For nearly two decades, Traffic Builders has developed integrated marketing solutions across multiple delivery platforms. The Company combines automotive industry knowledge with targeted marketing strategies designed to generate measurable customer activity.

STRATEGIC FIT WITH GS MARKETING:

Headquartered in Houston, Texas, GS Marketing is a full-service direct marketing company serving the automotive industry. GSM has nearly three decades of experience working with automobile dealerships, dealer groups, and manufacturers. The company employs approximately 85 associates and operates as part of The Friedkin Goup. GSM provides marketing products and services designed specifically for automotive retailers and manufacturers.

The acquisition combines two companies with extensive experience serving automobile dealerships. In particular, Traffic Builders adds established customer relationships, integrated products, and additional marketing capabilities to GSM’s existing platform. GSM President Shelley Washburn highlighted Traffic Builders’ experience and integrated marketing products as significant benefits of the combination. She also noted the companies’ shared commitment to customer satisfaction and engaging workplace cultures.

Following the acquisition, GS Marketing continues operations in both Houston and Louisville. The two locations provide complementary capabilities within the combined organization. Specifically, the Houston offices focus on technology and digital marketing. Meanwhile, the Louisville facility concentrates on expanded print production and related marketing capabilities. The combination allows GSM to broaden its automotive marketing platform while maintaining Traffic Builders’ established Louisville presence. Furthermore, GSM expects the acquisition to strengthen its position within the automotive marketing industry.

ALLSTON ADVISORY GROUP’S ROLE:

Allston Advisory Group served as the exclusive financial advisor to Traffic Builders, Inc. and its owners. Allston performed an Analysis of Value and prepared the Company for the sale process. Additionally, Allston developed a comprehensive Confidential Information Memorandum presenting Traffic Builders’ operations, financial performance, capabilities, and growth opportunities. The firm also identified qualified strategic and financial buyers capable of completing the transaction.

Thereafter, Allston conducted a confidential and competitive sale process involving both strategic buyers and private equity groups. The process created competition while allowing the sellers to evaluate multiple potential transaction alternatives. Allston managed buyer communications, coordinated management discussions, and assisted the sellers throughout negotiations. The firm also worked alongside the sellers’ other professional advisors during due diligence and closing. As a result, Traffic Builders has transitioned to an established strategic buyer with complementary capabilities and substantial automotive industry experience. The transaction also provides GSM with additional resources, customers, and capabilities to support its continued growth.

ABOUT ALLSTON ADVISORY GROUP:

Allston Advisory Group is an independent mergers and acquisitions advisory firm serving privately held lower middle market companies. The firm provides mergers and acquisitions, business valuations, and exit strategies. Allston works closely with business owners to understand their objectives and prepare their companies for the transaction process. The firm then manages a disciplined and confidential sale process from initial preparation through closing.

For additional information on this transaction, please contact one of our advisors.

Allston Advisory Group is an experienced boutique M&A advisory firm providing a variety of services to lower middle market companies. See our footer for contact information.

(502) 742-2933
[email protected]
P.O. Box 21266, Louisville, KY 40221

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