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Construction Transactions

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.

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.

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.

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.

Landscaping Business in New York

(Ace Landscaping) 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. 

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.

Roofing Contractor Business

(Marcellino Roofing) A company that provided roofing, siding, and other exterior construction work. The seller was speaking to a buyer that was taking a long time to consummate a deal. We set up a meeting with a new buyer, and the deal was closed in a record time of a week from the initial introduction of buyer and seller. Contact Synergy Business Brokers to Sell your Roofing Business

Spray Foam Insulation Company in the Finger Lakes Region of NY (outside of Rochester)

(Midlakes Insulation) A business that provides energy star insulation for both commercial and residential customers saving them money on their Heating and Air Conditioning bills.  We were able to locate a buyer that did not need bank financing and was able to pay over 80% of the purchase price at the closing with the seller financing the balance. Both buyer and seller were a pleasure to work with and were appreciative of our work in facilitating the process. Contact us to sell your insulation business.

Steel Fabrication Business in Maryland

AISC certified shop utilizing skilled fabricators, welders, and estimators delivering high-quality products including stairs, railings, connection parts, and more. They have a large 48,000 sq. ft. facility. Established over 30 years. Located in the Washington, DC area of Maryland. The business had multiple offers and was sold for the full asking price. The business was purchased by an entrepreneur that had previously purchased another business from us last year and is looking to build his portfolio with future purchases from us. The sellers were comfortable that the buyer would take care of their employees and customers going forward.  Contact Synergy Business Brokers to sell your metal fabrication business

Landscaping Business

(John Bauso Landscaping, Inc.) As a result of our previous experience selling Landscaping businesses, the owner of the company was confident in our ability to represent him in the sale of his business. We were able to introduce multiple buyers and negotiate a sale price and terms that worked for both buyer and seller. The seller will stay on after the sale and be paid a consulting fee with the number of hours worked decreasing over time.

Concrete Pumping Business

(American Concrete Pumping) A business that provides Residential and Commercial Concrete pumping for foundations, walls, floors, and more. The owner had the company for many years and was ready to retire. Our marketing led to multiple offers, and we negotiated terms with a buyer that was able to provide the seller with what they were looking for, and the buyer was able to secure bank financing. Contact Synergy Business Brokers to sell your concrete business.

Underground and aerial cable installation, maintenance and repair Company in the Schenectady, NY Area

(Cable Care Construction) They work with underground cable networks for many major cable companies. Services include setting telephone poles, splicing fiber and coax, performing cable replacement and line extensions, aerial and underground cable construction, joint trench construction in new subdivisions, 24-hour on-call service, and storm damage repair. Their largest customer made up over 80% of their revenue which many buyers didn’t want. We found a buyer that was comfortable with this and move forward with the purchase. The sale included both the business and the real estate. Contact Synergy Business Brokers to sell your Cable Installation and Maintenance Business.

Manufacturer & Distributor of Architectural Glass & Aluminum located in Connecticut

(Architectural Glass Industries) A company that fabricates and sells custom glass and aluminum to contractors and construction companies that install their products for residential and commercial customers. Their products are used in kitchen and baths, storefronts, railings, countertops, flooring, and interior and exterior construction. We marketed the company to potential buyers within the construction industry and outside the industry. The best offer came from a buyer in his 30s who had managed a wealthy family office investment fund. He had accumulated significant funds himself and decided it was time to open up his own investment firm, and this was his first investment. He purchased the business and real estate with his own funds and did not need any outside financing, which leads to an easier closing. The Real Estate had a 12,000 sq. ft. facility. Contact Synergy Business Brokers to sell your Glass Fabrication & Services Business.

Interior Design & Construction firm for Luxury Residential Homes & Apartments

(Cayley Barrett Associates) The owner initially contacted us to get an idea of the process of selling the business even though they weren’t quite ready to retire. After they thought about for a while and talked it over, they decided to engage us to sell their business with the idea that they would stay on and work with the buyer for several years as a transition into retirement. We introduced a buyer that had terrific chemistry with the seller. They were confident that it would be a great working relationship and the seller agreed to provide some financing so the buyer could pay some of the sale price over time. Contact Synergy Business Brokers to sell your Interior Design & Build Company.

Interior Design, Renovation, and Construction Company

(KS Renovation) Our client owned a company that does high-end interiors for their wealthy clients. They do interior design, painting, floors, electricalplumbingmillwork, maintenance and repairs, and more.  The owner of the business was interested in retiring and hired us because of our experience in selling interior design and construction businesses. We spoke to many potential buyers, and one buyer we had a relationship with was initially interested in buying a profitable dry cleaner from us, but when he saw this business, he immediately thought of a friend that had a similar business and wanted to invest with him. They quickly made a substantial offer that was accepted and the business sold in less than 3 months from listing to closing. The buyers were well off and did not need any bank financing, which allowed for a fast closing.

Kitchen & Bath Business

(Ferrari Kitchens & Baths) Established Business that sells and installs Kitchen & Bath fixtures, tiles, etc. The owner wanted to retire. We were able to locate several buyers both within the industry and outside the industry, and the buyer ended up being someone from outside the industry. Contact us to sell your kitchen & bath business.

Environmental Remediation Company

A company that specializes in soil excavation, removal, and replacement; mold inspection and remediation; and oil tank removal and installation. The seller had owned the company for many years and was ready to retire. We located multiple potential buyers and negotiated terms that worked for the buyer and seller. The seller will provide a brief transition.

Closet & Storage Design, Manufacturing and Installation Business in Fairfield County, CT

The seller was ready for a change after working in the business for many years. They engaged us to sell their business. We located several potentially interested buyers. The best offer came from an overseas buyer in Europe that wanted to live in the United States with the purchase of a business under the E-2 Visa program.  We negotiated terms that worked for both parties, and the buyer was able to realize their dream of living in the US, and the seller will help them with a transition. Contact us to sell your closet and storage business.

Landscaping, Snow Removal & Sprinkler Company in Northern New Jersey

(LSI, Services, Inc.) The business had both commercial and residential customers landscaping maintenance customers. They also provided landscaping installations, sprinkler systems, excavations, paving, and rock and retaining walls. The owner of the business wanted to spend more time with their family. They hired us because of our experience in selling multiple landscaping businesses. We had several potential buyers. The buyer with the best offer had an investment banking background and had already purchased landscaping businesses in the South and wanted a NJ presence. We arranged an introduction to a bank that we have worked with a number of times. They were able to get the financing to provide the seller with the bulk of the purchase price paid at the closing. The seller also owned the building and will receive rent payments from the business owner. He will stay on after the sale and be paid a salary to ensure that everything goes smoothly with the new owner.

Contractor for Utility Services – Underground & Arial

(CDL Utilities, Inc.) is a utility contractor that has been performing underground and aerial installation and maintenance work in NYC, Long Island, and the surrounding area for nearly two decades. The company does projects from new installs to upgrades of existing gas, electric, drainage, water, and telecommunication systems. They do work for federal, state, and local agencies as well as municipalities, companies, universities, and hospitals. They performed conventional and directional boring, trenching, splicing, and pneumatic boring. One of the challenges with this sale was that they had a couple of customers who made up a large part of their revenue. We were able to structure a deal where our client received a large payment at the closing with some of the money paid out over time that was contingent on customers continuing on with them. The business was purchased by a business executive with a Harvard MBA that was well-financed. Contact us to sell your utility contracting business.
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