M & A Sale Announcement - Playbook Advisory
Consumer ID & Tracking Company
Playbook Advisory Acted as the Exclusive Broker
SBA financing provided by Huntington Bank
70+ Buyer Inquires, 4 Written Letter of Intents
- 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 with Playbook Advisory or go to our website for up to date information on companies for sale.