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Businesses that we have sold

Below are some of the businesses that Synergy Business Brokers has sold recently. We have experience selling companies in technology, manufacturing, construction, services, distribution, healthcare, engineering, transportation, and education.

To view the companies that we have sold in your industry, please select an industry from the drop-down box below.

Niche Manufacturing Business in New Haven County, CT

(Record Products of America) We did a comprehensive, confidential marketing program which resulted in a large number of potential buyers that signed Non-Disclosure Agreements for more information. We narrowed down the list of potential buyers to those that were the most qualified and interested. Our contacts with SBA Lenders allowed the buyer to finance the deal with a minimal down payment, and the seller received over 85% of the sale price at closing. The seller agreed to a paid consulting contract of 12 months with minimal weekly hours, allowing for a transition into retirement. Contact us to sell a manufacturing company or view our manufacturing businesses for sale.

Electronic Health Records (EHR) Software Company in NY Metro Area

(Sigmund Software) We contacted a variety of potential buyers and received multiple bids, which allowed us to get the full asking price for this business opportunity. We had bids from software companies and private equity groups that were located in Canada, Europe, California, and the Washington DC area.  The full price offer came from a Canadian software company that was motivated to move quickly and had financing in place. Contact us to sell a software company or view our IT & software companies for sale.

Engineering Business in Bergen County, NJ

(AAES Engineering, Inc.) The majority owner of the business was in his 60’s and was ready to transition into retirement, and the minority partner was 50. They decided that the best option would be to sell the business and have the minority owner work for the new acquiring company. We introduced several potential buyers and received multiple offers on the business.  The best offer was from a large construction company with multiple offices that wanted to expand its capabilities to provide engineering services. The construction company provided an employment agreement for the minority partner and the terms of the deal that satisfied all parties. Please let us know if you would like to sell your engineering firm or view our engineering companies for sale.

Energy Conservation, Certification & Analysis firm in Middlesex County, MA

(Sustainable Energy Analytics) A company based in Middlesex County that analyzed how to reduce energy costs cost-effectively. They utilized testing, building code verification, and certification services, including LEED certifications, Energy Star, Green Building requirements, thermal imaging analysis, and more. Provided services to architects, general contractors, remodelers, HVAC contractors, as well as homeowners. We set up meetings with multiple potential buyers, and the best offer came in slightly under the asking price. The buyer was motivated and saw the value of the company, so he was willing to raise his proposal to the full asking price and was able to get SBA financing for the purchase. Contact us to sell your environmental services company.

Family Medical Practice in Texas

(Maverick County Medical) This general practitioner had a successful practice built up over many years. He was ready to retire and contacted us to find the right buyer for him. We were able to get multiple potential buyers, and ultimately the business was sold to a public company specializing in data-driven healthcare. He was comfortable with how they would take care of his patients going forward and will stay on after the sale to help with a transition. The business was sold for the full asking price 7 months from the Doctor’s first call to us. He was kind enough to write a 5-star review on Google for his appreciation of our work. Contact us to sell your Medical Practice or view our healthcare businesses for sale.

Import and Distribution Company in the Philadelphia area of Pennsylvania

(NML Group) Philadelphia based importer of bath and storage products from Hong Kong and mainland China and distributed the products to big-box national retailers. They developed a reputation with their customers for high-quality service and quality control. The company’s business was adversely affected by the China tariffs, so it took some time to find the right buyer that was OK with this. The buyer sees a good opportunity to grow the business based on the companies reputation and customers. Contact us to sell your import business or view our distribution companies for sale.

Staffing Company in Maryland

(Anchor Staffing) Our client had two offices in Maryland and an office in Pennsylvania. They focused on staffing in accounting, construction, information technology, warehousing, secretarial, and management. They provided temporary to permanent hires as well as direct placement. We received three different offers. The business was sold to a nationwide staffing firm. Both buyer and seller thought it was a good fit because the seller’s clients were mostly national companies and the acquiring firm would be able to grow these accounts with their national presence. The business sold for the full asking price. Contact us to sell your staffing business or view our service businesses for sale.

Internet Service Provider (ISP) & Managed Services Provider (MSP) in the Chattanooga Tennessee area

(RevTel) They provide ISP service, virtual private networks (VPN), cloud computing, voice over IP (VOIP), IT managed services, SaaS, and more. As with all of our tech assignments, we had many different potential buyers, including other tech companies. The best offer came from a private equity group that saw the opportunity to grow the business. The business was sold in less than 6 months from start to finish. Contact us to sell your ISP Business or view our tech companies for sale.

ERP Software Company in the Cleveland, Ohio area

(MetaSystems) Specialized ERP Software Company that provides systems for small and mid-sized manufacturing companies. Their software is used for Order Management, Financial Management, Engineering, CRM, Analysis, and more. The software uses an Oracle Database and uses Oracle forms and reports. They also provide IT consulting to install and customize the program. There were other technology companies interested in acquiring this company however the best offer came from an individual that worked in IT in the corporate world. He was able to get SBA financing and have the bank pay the seller at the closing. Contact us to sell your EHR Software Company.

Land Surveyor Business in New York City

(Lovell Belcher) Two owners were ready to retire after working together for many decades. They didn’t know anything about the process of selling a business and liked the fact that we had prior experience selling Surveyor companies. We were able to introduce two Surveyor companies that were very interested in the business. We were able to sell the business for the full asking price. The sellers will stay on after the sale to help with the training and transition of the company. Contact us to sell your Land Surveying Business.

Water Treatment Products & Services Company in Boston, MA Area

(Gurney Water Treatment) Family owned business for over 50 years, being sold by the 2nd generation owner.  The business designs, develops, installs, and services water treatment systems to all kinds of organizations in MA.  We had several potential qualified buyers who made offers on the business opportunity, so the seller was in a position to determine which buyer was the right one to carry the business forward.  After some due diligence by both buyer and seller, both sides were confident that they had the right fit.  The seller has a one-year employment agreement to ensure that the transition to the new owner will go smoothly. Contact Business Brokers with experience selling water treatment companies.

Educational Training Program Company for K-12 in Florida

A company that has thousands of school districts across dozens of states in the country. The owner had built up a very successful company and wanted to see their programs go out nationwide. They sought our help to find the right buyers. We had a large number of interested buyers.  We received 2 Letter of Intents (LOIs) from strategic buyers in the industry and 3 LOIs from private equity groups, and a couple of other LOI’s from wealthy individuals.  With all of this activity, the buyers increased their initial offer. The winning buyer was an educational business that is owned by a $Billion private equity firm. They were able to pay a high multiple of 7X net income based on the fact that they could leverage the programs the seller had to increase the revenue and profit at a more rapid pace than they were already on. Our bidding process was able to move the deal along quickly. The sales process took about 5 months from start to finish. And the seller was very comfortable with the buyer’s expertise. They had acquired several other educational consulting companies and were able to successfully integrate the new companies. Please contact us if you would like to sell your K-12 educational company in Florida or any other state.

Home Health Care Business in Litchfield County, Connecticut

(Northwest Homecare, Inc.) A business that provides Home Health Care Aids to hundreds of elderly clients. We were able to introduce multiple buyers to the seller and obtained several bids. We negotiated the best terms and assisted the buyer in securing financing for 90% of the purchase price with the seller providing funding for 10% of the price. The buyer has a Nursing Aid business and wanted to expand his services to provide home health aides. Contact a Business Broker with experience selling multiple home healthcare businesses.

HVAC Company in Middlesex County

(Legacy Mechanical Group) They provide installation and service of Heating, Ventilation, and Air Conditioning systems for commercial and residential customers. They also provide energy rating services that allow their customers to use energy more efficiently. In addition to conventional HVAC systems, they offer installation of solar and geothermal systems. The owner of the business was eager to retire and relocate overseas to the country where he grew up. We were able to introduce a buyer to him within a week and close the deal in 3 months. The seller will stay on for a couple of months to help with the transition before he moves overseas. Contact Synergy Business Brokers to sell your HVAC company.

IT Services Firm experienced in ERP, CRM, BPM, and Business Analytics in Georgia

(Bista Solutions) An M&A firm that had the assignment to sell this business wanted our assistance in locating a potential buyer. We utilized our database of over 20,000 potential buyers and experience in marketing technology companies to find many potential buyers which the M&A firm introduced to their client. They were able to close on a deal that worked for our buyer and their seller. Contact a Business Broker with experience selling IT Services Companies.

Cosmetics Manufacturing Lab in Passaic County, New Jersey

(Contemporary Cosmetics Group) 30-year-old cosmetic lab with a full line of products for the beauty industry. They also did contract manufacturing for other cosmetic companies. We located an out of state, synergistic buyer that saw the value in the business for sale and wanted to add this to their existing operations. We were able to get a signed contract within 3 1/2 months from when we started working with our client. Contact us to sell your cosmetics business quickly.

Environmental Consulting firm in Dallas, Texas

(Benchmark Environmental Consultants) They provide a full range of environmental consulting services to clients nationwide. Their clients range from the wireless telecom industry to municipal government agencies and Fortune 500 customers. Their services included: Environmental site assessments, environmental impact statements, subsurface investigations, pollution prevention inspections and planning, remedial designs and actions, indoor air quality, and sustainability services. The owner contacted us because of our experience in selling environmental services as well as engineering and construction-related companies. We were able to locate multiple interested parties. Terms that were acceptable to both parties were negotiated, and due diligence moved forward quickly. The deal closed in 4 months from the time we started working for our client. They are a certified DBE and HUB business.

Food Transportation Company in North Carolina

(Carrigan & Sons Trucking) This trucking business is located in the Charlotte area of North Carolina. They specialize in delivering chilled and frozen food products throughout the eastern half of the U.S. They also provide seasonal flatbed carrier services and a transportation brokerage business. They have a fleet of refrigerated trucks as well as the latest technology to allow them to provide the best logistics, fuel management, telematics, and more.  We received multiple offers and were able to sell the business for the full asking price. Please contact us if you would like to sell a transportation business in North Carolina or anywhere else in the US.

Landscaping Business in New York

(Ace Landscaping) They provide lawn care, tree services, masonry, sprinkler systems, and more. The seller wanted to retire and had previously hired another broker that was unable to get them the price that they were looking for. We were able to introduce multiple buyers, including some other large Landscaping companies that were looking to expand. However, the highest offer that was acceptable to the owner came from an individual from Pennsylvania that did not have experience in Landscaping but was interested in moving back to New York and buying a NY based business. We arranged bank financing so the seller only had to provide 10% of the price in the form of seller financing and 90% of the amount was paid at the closing with the bank providing 70% of the price and the buyer 20%. Contact us to sell your Landscaping Business or view our Landscaping Businesses for sale. 

Management Consulting Company in Chicago, Illinois

This management consulting provided high-level executive coaching and professional development for successful executives. Their services included workshops, one-on-one coaching, leadership seminars, strategic planning, and more. Their clients include thousands of executives in Tech, Media, Finance, and Healthcare. The company’s headquarters are in the Chicago, Illinois area, but the owner relocated to Australia. So we had Zoom conferences with prospective buyers and the seller. We had a number of interested buyers. However, the only full-price offer came from an individual buyer within the Chicago area that had a background in IT, Healthcare, and finance. He purchased the business with only a 10% down payment, and the balance was funded through bank financing. The deal was completed in less than 5 months from the time the buyer first inquired about the business.

Technology Company in the Security Industry on Long Island, NY

(Alarmpath/CRN Wireless) A company that manufacturers wireless security devices which they sold to home alarm and security companies. The seller did not want to sell their company to a direct competitor or customers and was concerned about confidentiality. They had previously tried to sell the company with another Business Broker that was unsuccessful and charges an upfront fee. They liked our fee structure and experience. As with every listing we had potential buyers sign confidentiality agreements and contacted buyers that were in the industry, but not direct competitors, and also companies in related industries that could leverage the technology and customer base. We did receive multiple offers on the business for sale, and ultimately, the best buyer that was able to move forward in a timely fashion came from someone outside the industry. Contact Synergy Business Brokers to sell your alarm system business.

Temporary Staffing Company in Delaware

The listing was a temp staffing agency in Delaware that worked with supplying temp to perm staffing for the state of De.  We entertained three offers and went with a strategic buyer that was a staffing company in Canada. We got a multiple of 3 to 4X earnings, along with a lucrative consultant agreement for the seller. The deal included 100% cash at the close with no seller note. The seller will stay on for three years, reducing her salary after the first year. They are making her a key manager for spotting growth opportunities. A position she wanted.  Buyers were eager to break into the USA market on the east coast and will continue to bring staffing opportunities to them. The business provides staffing for accounting, administrative, medical, social workers, warehousing, IT, Marketing, Sales, and more. They also provide payroll services and background checking.

Window Cleaning Service with Commercial Customers in Louisiana

Dominant high-rise window cleaner in New Orleans, Louisiana.  In business for 70 years.  The business was purchased by another window cleaning service located in a separate city looking to expand into the New Orleans market. The deal closed in 8 months from the time the seller hired us to sell their cleaning services company.

Electrical Contractor in the Buffalo, NY area

(Hildreth Electric) The company is one of the largest electrical contractors in Western New York, with over 70 employees. They have 7 figure projects with prominent builders as well as smaller contracts with residential customers. They have 23 city and town licenses throughout Western NY. The owner is in his 50s and was ready to transition into retirement after building up a great business. We introduced several buyers, and the best offer came from a wealthy individual investor that was partnering with someone that owned another electrical contracting company in New Jersey. During the sales process, they had to furlough 2/3 of their employees due to the COVID-19 lockdown. When upstate NY reopened, their business went back to previous levels, and the buyer was confident in closing the deal. They were able to get bank financing. The seller will stay on for a couple of years to help with a transition. He will be paid a salary with benefits and will also have profit sharing during that time.

Wireless Internet Service Provider in Michigan

(Metro Wireless) The company was started 10 years ago, offering services for wireless internet access as well as internet phone services. They provide high-security private networks and high-speed fiber services. One of the buyers that we introduced quickly got along very well with the seller. We negotiated a price that they agreed on and their great relationship continued on as they helped transition the new ownership of the business. The company is based in the Detroit, Michigan area.

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.

Asset & Facilities Management Software Company in New York

(Williams & Associates) This software company provided asset and facilities management software products and services to government and utilities. The seller wanted the stability and steady income of working for a larger company. Sold the business to a Mexican technology company that wanted to buy an established US business to give them a presence in the US. Seller is now heading up their US operations on a salaried basis after cashing in his equity in the company.

Large Mental & Behavioral Health Clinic

(Savia Community Counselling Services) Mental & Behavioral Health Facility that provides treatment for mental health as well as addiction treatment. They offer both outpatient and therapeutic in-residence treatment. Their large team of multidisciplinary counselors and administrative staff consists of professionals with credentials that include MD, LDSW, PhD, LPC, MS, LADC, CASAC, CADC, and therapy dogs. We had a number of potential buyers and offers on the business. The best offer came from a large mental health company that has purchased multiple businesses from us. The advantage of using Synergy is that we bring competition to these deals and can get more value for our sellers by leveraging multiple offers with our repeat buyers. The business sold for 4 to 5X Net Cash flow.

Environmental Services Business in Indiana

Environmental Services company with a unique approach that allows them to offer both on and off-site solutions. We found a buyer that was a larger company in the same industry based in Ohio that was interested in expanding geographically as well as expanding into services that this company provides. The staff includes licensed, seasoned veterans from the environmental industry with a focus on environmental compliance and professional technicians and CDL drivers. Since they don’t own or operate any landfills, TSDs, recycling centers, or CWTs, they offer independent solutions. Their wastewater consulting services focus on developing onsite treatment programs while the waste management specialists offer an array of options for landfill, landfill-free, treatment, EFW, recycling, and repurpose.  Included with the business are vehicles for the safe movement of waste streams to off-site disposal and recycling centers.

Transportation, Logistics & Warehousing

(Cougar Express) Trucking Company is known for their on-time delivery. The owner contacted us a couple of years ago when they were considering selling their business. They decided to wait until they were ready. Once they committed, we were able to sell their business to a public transportation company (Transportation & Logistics Systems, Inc.) that was acquiring multiple logistics businesses. They were able to make a more attractive offer than other potential buyers. The business was sold for 4X net cash flow in 7 months from when we started the sale process. Contact a Transportation Business Broker to sell your Trucking Company.

Commercial Cleaning Company in Monmouth County, NJ

(Total Maintenance Services) This company has regular customers for office cleaning, medical cleaning, daycare cleaning, carpet cleaning, and floor waxing and buffing.  In addition, they also provided handyman work and provided electrical and plumbing services through licensed contractors.  The highest offer was 3X the owner’s income. The buyer was able to get SBA financing so the seller received the payment from the bank at the closing. It took a little longer with the SBA financing but the business was closed in 7 months from the time the seller contact us.  Both buyer and seller were happy with the outcome.

Civil Engineering Business in Suffolk County

(Savik & Murray LLP) The owner was in his 60’s and was ready to transition into retirement. We introduced several potential buyers and received multiple offers on the business.  The best offer was from an Architectural firm that wanted to expand into providing engineering services and also get an office in Suffolk County where some of their clients were. We were able to negotiate a deal that worked for both parties where the seller would stay on after the sale to help with a transition. Contact us to sell your Civil Engineering Firm.

Cleaning & Janitorial Supplies Distributor in Nassau County, NY

(Thunderbolt Distribution) Before contacting us, the Owner had used another business broker for over a year and a half to try to sell his business.  After the owner contacted us, we were able to locate a qualified buyer within 10 days and have an accepted offer within 20 days.  A contract was signed in 6 weeks, and the deal closed 10 weeks from our first phone call with the seller.  The owner was in his 60’s and thanked us for allowing him to retire after a brief transition with the new owner. Contact Synergy Business Brokers to sell your Janitorial Supplies Business.

SaaS Company in Florida that provides HR, E-Learning & Skills Development Solutions

A software company that provides software and services to corporations that need to drive professional development initiatives. Reputable customer base, predictable recurring revenue stream, attractive operating margins. The owner contacted us because they were ready to retire. Approaching retirement age next year. We introduced a number of buyers including other software companies and entrepreneurs. The best offer came from a private equity group.

Concrete Finishing, Polishing, & Painting Company in Virginia

The seller contacted us based on our previous success in selling Concrete and contracting companies. We located several potential buyers and received 3 letters of intent (LOIs). We sold the business for over the asking price to an individual buyer that owned an engineering firm and wanted to expand into other contracting and construction areas. The business services clients in Virginia, Maryland, DC, and more. They have 35 employees with specialties in Painting, highly technical wall coverings and paint products, concrete flooring treatment, concrete polishing, solutions for interior or exterior projects, and top-tier installers of high-performance resinous floor systems for commercial projects.

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Sold Businesses Broker NY NJ CT MA TXYou can view customer videos and reviews at testimonials. If you are considering selling your business and would like a confidential consultation, please fill out our Confidential Seller Registration Form. We sell businesses with annual revenues of $700,000 to $70 Million. If you are interested in buying a business please view our current: Businesses for Sale. To view our corporate video visit Synergy Business Brokers on Youtube.

 

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