M&A Announcement - Sale of a Party Equipment Rental Company
Playbook Advisory is pleased to announce the sale of a local Chicago area Party Equipment Rental Company.
"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.
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