Engineering Company in the Hudson Valley, NY

(Eustance & Horowitz) We had multiple offers on this business opportunity.  One of the proposals was from an Architectural firm that wanted to expand into Engineering to provide a broader range of services to its clients. The other offer was from an Engineering company that wanted to expand its range of engineering expertise and capabilities from the potential firm they were interested in acquiring as well as picking up long-term clients in the Hudson Valley.  We negotiated back and forth with a variety of terms from both parties. Ultimately the other Engineering firm came up with the most favorable terms by agreeing to assume the seller’s debt in addition to a purchase price.