Playbook Advisory Sells Wood Manufacturing Company
Playbook Advisory announces the Sale of a Wood Manufacturing Company. The exclusive listing was referred to Jim Peddle by the Sellers Attorney, who had successfully worked with Jim on other transactions. “Manufacturing companies like this are in great demand which is great news for business owners”, stated Mr. Peddle, President
Exclusive Listing Generated 39 Buyers
“Our firm was selected as the Business Broker because of our past success working with the Sellers Attorney. It’s great working with Sellers who understand the value a firm like ours brings to the table. Our Success Fee Only model resonates with clients.” stated Jim Peddle, President, Playbook Advisory
Playbook Advisory announced the sale of another Chicago area company that was exclusively offered for sale by the firm. The second generation family owned business was marketed to Playbook’s extensive buyer network and went under contract in under 90 days. The listing quickly generated 39 buyers which resulted in 5 buyer meetings, three offers and a signed Letter of Intent (LOI).
“Confidentiality was very important so we worked outside normal working hours to deliver the results the Seller demanded. We successfully made it to closing without employees, vendors or customers learning of the pending business sale.” added Mr. Peddle.
If you are a potential seller of a family owned business contact Jim Peddle directly at 312-525-9622 to learn how we assist with the sale of a business. View more information at https://www.playbookadvisory.com/sold-listings/
Playbook Advisory Announces Latest M&A Sales
Kicking off 2018 with 2 closings in January. Jim Peddle acted as the exclusive seller agent for both companies.
Chicago Business Broker Facilitates M&A Transactions
Playbook Advisory is thrilled to share the recent successful sale of two businesses in the Chicago region to local private entrepreneurs.
The first of these sales, transacting for $1.275 million, involved a renowned Automobile Repair and Service enterprise situated in Aurora, Illinois. The seller, with three decades of industry experience, entrusted Playbook Advisory with the exclusive responsibility to manage the sale of one of their trio of Chicago-based outlets.
This automobile business caught the attention of a private individual, marking his entry into the automotive repair domain. The financing component for both the business and associated real estate came courtesy of U.S. Bank, renowned for its role in facilitating SBA loans for business procurements.
Meanwhile, the second disclosed sale was of a pet services venture located in Barrington, Illinois. Having taken ownership of this establishment over a decade ago from its original proprietor, the seller was poised to embrace retirement in 2018.
The acquisition by the buyer stemmed from an advertisement on Bizbuysell.com, prominently displayed during the listing period. Notably, this purchase represents the buyer's second venture into the pet services arena.
Jim Peddle, President of Playbook Advisory, expressed, "2018 has commenced on a promising note for us. Our robust business listing pipeline gives us confidence that we'll surpass our 2017 sales numbers. Given the current market vigor, potential sellers should consider seizing this moment. We’re here to ensure a seamless sale process for those ready to embark on this journey."
About Playbook Advisory:
Established in March 2016, Playbook Advisory has been an unwavering ally to business proprietors, offering expertise in listing, marketing, and finalizing the sale of their private businesses. Our swift ascent in the industry is evidenced by our impressive portfolio – listing businesses worth over $25 million in the vicinity of Chicago. With a commendable $12 million in closed deals in 2017 alone, we've solidified our standing as a prominent business brokerage firm in the region.
For prospective buyers and sellers keen to explore further, Jim Peddle is available for consultations.
For a deeper dive into our offerings and more details, reach out to Jim Peddle at 312-525-9622 or visit our official website at www.playbookadvisory.com.
Provided by Playbook Corporate Advisory, Inc.
Upcoming M&A Updates:
Newswire Press Release
M&A Announcement - Sale of a Party Equipment Rental Company
Playbook Advisory today announced the sale of a leading Party & Equipment Rental Company located in the Chicago area. Over 87 buyer inquiries were generated in the first 90 days of listing for a business that was previously listed with another business broker and did not sell.
Playbook Advisory is pleased to announce the sale of a local Chicago area Party Equipment Rental Company.
Business Sale Announcement
"Our firm acted as the Sell Side Adviser for the owners of this successful and growing Chicago area based Equipment Rental Company." stated Jim Peddle, President & Founder of Playbook Advisory.
"Our team did a great job of quickly moving to bring this Company to market after another business brokerage firm located outside of Chicago failed to identify a Buyer." added Mr. Peddle
With this transaction, Playbook has now transacted over $12 Million in business sales transactions for 2017. This achievement is notable and puts Playbook Advisory near the top Nationally of all business brokerage firms in the lower middle market and Main Street niche of M&A.
"We are seeing record number of buyers coming to our firm interested in securing a business to own and operate. Now is the time for Sellers to take advantage of the remarkable amount of financing being provided by all of the banks in Chicago. I must get 2-3 new lenders seeking to lend funds for business acquisitions." added Mr. Peddle. "We will see this continuing into 2018 which is wonderful for business owners looking to sell their business.
Interested business owners who are thinking about selling their businesses may contact Jim Peddle at 312-525-9622. We have a proven model for listing, marketing and negotiating Sell Side engagements. Come and find out how we can maximize the sale of your Company.
Please let us know if you would like additional information on any listings currently for sale with Playbook Advisory or go to our website for up to date information on companies for sale.
Newswire Press Release:
To reach Jim by email:
president@playbookadvisory.com
To reach Jim by phone:
312-525-9622
To reach our website:
https://www.playbookadvisory.com
http://www.businessbrokerinchicago.com
M & A Sale Announcement - Verilogic Sold to Private Investor
Playbook Advisory announces the sale of another exclusive listing engagement. The client, a technology services company, generated over 70 buyer inquiries.
Playbook Advisory facilitates the sale of Chicago Consumer ID & Tracking Company
SBA financing provided by Huntington Bank
70+ Buyer Inquires
Strategic Acquisition | Private Equity Buyer
Playbook Advisory is pleased to announce the sale of a leading Technology Service Provider to Fortune 100 Companies.
"Our firm acted as the Sell-Side Adviser for the retiring business owner," stated Jim Peddle, President & Founder of Playbook Advisory."It's a great fit for the buyer, a local Chicago based private equity firm, the seller is excited to pass on their legacy to someone who will continue to grow the company with its existing staff."
Financing for this transaction was provided by Huntington Bank, which continues to expand their SBA financing programs for small businesses. The team at Huntington offered bank financing (Supported by a standby seller note) to go along with a line of credit to support the balance sheet and to provide growth capital.
Interested Sellers should contact Jim Peddle at 312-525-9622 to learn more about the process of selling a business. We have a proven model for listing, marketing, negotiating and closing Sell-Side engagements.
Please contact us directly to learn how our services can help your exit strategy.
Please let us know if you would like additional information on any listings currently for sale go to our website for up to date information on companies for sale.
To reach Jim by email:
president@playbookadvisory.com
To reach Jim by phone:
312-525-9622
To reach our website:
Corporate Website
Woodlawn Engineering Co. Sold to Strategic Buyer
Playbook Advisory announces the successful closing of a Chicago area Manufacturing Company. The listing for Woodlawn Engineering Co. generated over 88 buyer inquiries and multiple offers for the business. Jim Peddle, President & Founder was the Business Broker for the Seller.
Playbook Advisory acted as the exclusive agent for the Seller
