| |
As business owners for the past 30 years, We believe private companies offer substantial advantages to employees and customers, when compared to public companies, and should remain private. It is our belief that private companies have an advantage in being able to implement decisions for the long term health of the company and satisfaction of its customers, rather than decisions targeted at quarterly stock market performance.
We are private buyers interested in acquisitions with minimum annual revenue of $10,000,000 with no high limit and
positive cashflow, that can be completed fairly, simply and quickly. As private buyers, our interests are in organizations that can be purchased in a manner based on historical cashflow, wherein the business will cashflow the repayment of the purchase price in a sound manner. Additionally, management with a history of success must be committed to remaining with the business.
Since our intentions are to retain the businesses for long-term private ownership, our interests are substantially different from those individuals who represent publicly traded corporations, or have the intention of initiating a public offering. It is our intention to keep the management and employee team intact, uphold the reputation of the company with its customers, employees, and the public, and continue the legacy built by the owners. We believe this approach insures the best combination of long term security and profitability when contrasted with the operational methods utilized by public companies sensitive to short term stock price fluctuations.
Should you decide now or in the future to sell your business, We sincerely hope you will call and offer the opportunity to consider purchasing it and continue its operation as a private business. You will find that we do not waste time in endless negotiations and can proceed from first review to closing faster than the majority of buyers. We use the Houston and Washington, D. C. offices of Verner, Liipfert, Bernhard, McPherson & Hand attorneys, who count Senator Bob Dole, Senator Lloyd Bentsen, and Senator George Mitchell among their members, and the San Jose office of Price Waterhouse for accounting. We are prepared to move forward immediately and await your response.
|
