March 1, 2017
Sun Acquisitions announces the sale of Outsource Technologies to a strategic acquirer
Sun Acquisitions is pleased to announce the sale of Outsource Technologies, a Chicagoland print management and printer repair company. The Company was started over 20 years ago and offers clients a cost effective toner program bundled with printer servicing and print assessment.
Read MoreFebruary 24, 2017
Sun Acquisitions has been engaged to sell a high-margin home goods e-commerce and whole sale business
Sun Acquisitions announced today that it has been engaged to sell a home goods e-commerce and wholesale business that has margins over 50%. The Company was started after a very successful Kickstarter campaign for its primary product which is a unique accessory used for entertaining.
Read MoreFebruary 23, 2017
Sun Acquisitions has been engaged to sell a 51+ year commercial and residential plumbing company with prime real estate space
Sun Acquisitions announced today that it has been engaged to sell a 51+ year old commercial and residential plumbing company in the Western suburbs of Chicago. There is an option to purchase prime real estate space with the Business which has existing rental tenants.
Read MoreFebruary 21, 2017
Choosing a Business Broker
As a business owner, you have dedicated your time and efforts to building and sustaining your business. Now, you have decided that it is time to sell your business and open a new chapter in life.
Read MoreFebruary 16, 2017
Sun Acquisitions engaged to sell a Chicagoland landscaping company
Sun Acquisitions announced today that it has been engaged to sell a long-standing commercial landscaping company located in the Northern suburbs of Chicago. The Company has been active for almost 70 years and offers landscape maintenance, landscape construction and snow and ice management.
Read MoreNovember 23, 2016
Start with an LOI or Term Sheet
While it seems easy and most expedient to make a verbal or bullet point offer it is actually the least effective method of reaching agreement between two parties. The reason it seems most expedient,
Read MoreFebruary 16, 2016
Best Practices of Managing Inventory
Inventory management is the practice of planning, directing and controlling inventory so that it contributes to the business’ profitability.
Read MoreDecember 15, 2015
It’s Not Too Late to Buy or Sell a Business in 2016, BUT… Time is of the Essence
If your New Year’s resolution is to buy or sell a business in 2016, you will need to step up your efforts before it’s too late. At this point in the year, there are several things that should be underway.
Read MoreDecember 15, 2015
Earn-outs in Connection with Selling Your Business
Often times there is a disconnect between the price a potential purchaser is willing to pay and the price a potential seller is willing to accept in connection with the sale of a business in Chicago.
Read MoreNovember 12, 2015
An Accountant’s Critical Role in a Business Purchase or Sale
The ease, simplicity and widespread acceptance of accounting software allows many business owners to manage more accounting functions than ever before. Now, business owners can run payroll,…
Read MoreNovember 12, 2015
Simplifying Accounting Standards…Finally
The Financial Accounting Standards Board (FASB) has recently launched what it is calling the Simplification Initiative. The Simplification Initiative is a focused effort to make narrow-scope simplifications and improvements to accounting standards and related financial reporting. The program is intended to improve or maintain the usefulness of information reported to financial statement users while reducing cost and complexity.
Read MoreOctober 13, 2015
Never Buy or Sell a Business Without Consulting a Transaction Attorney
Transferring ownership of a business is a significant undertaking, both for the buyer and the seller. Whether it’s your first business sale, or you’re a seasoned pro at buying companies, there’s always something “different” that comes to light during the transaction, especially when it comes to the legal ramifications.
Read MoreOctober 13, 2015
Basics of Indemnification in Business Purchase Agreements
In most transactions involving the purchase and sale of a business, the seller and buyer include a section in the purchase agreement relating to indemnification. Often the basic terms of the indemnification section are agreed to in advance in a non-binding letter of intent.
Read MoreSeptember 21, 2015
Home and Garden Center Radio Announcement
Sun Acquisitions has been retained to sell a Chicagoland home and garden center with a nearly 30 year track record of success.
Read MoreSeptember 9, 2015
The Case for Selling a Business in the Bottom of the 7th
When it comes to baseball, there is no shortage of reasons why it’s America’s favorite past-time. Loyal fans, legendary players, up-and-comers, underdogs and overrated teams. It’s thrilling. When it comes to selling a business, owners can take some winning strategies straight from the major leagues. Earn more when you’re at the top. Don’t tempt injury by staying in the game too long. It’s smart.
Read MoreSeptember 9, 2015
Sun Acquisitions celebrates another successful transaction with Triad Boiler Systems
Sun Acquisitions is excited to announce they have successfully brokered a deal with the selling of Triad Boiler Systems. Triad Boiler Systems manufactures commercial and light industrial, compact modular hot water and steam heating equipment, i.e. boilers. TRIAD’s boiler systems are commonly used for:
Read MoreJuly 13, 2015
Sun Acquisitions has been engaged to sell an Illinois-based Florist with an ecommerce component.
Sun Acquisitions will manage the entire engagement to ensure a successful transaction is completed. Engaging an intermediary in the sale of a business assures business owners that they will get the best pricing and terms, the transaction will remain confidential, and most importantly, give the business owner the freedom to concentrate on his business.
Read MoreJuly 10, 2015
Sun Acquisitions announces sale of 4 Kids Child Care Learning Center.
Sun Acquisitions was engaged by a 4 Kids Child Care to represent them in the confidential sale of their business. The owner had built a well-established and reputable child care service specializing in kids ages 6 weeks to 6 years.
Read MoreJuly 9, 2015
Sun Acquisitions has been engaged to sell a software publisher with a focus on marketing technologies
Sun Acquisitions (www.sunacquisitions.com) announced today they have been engaged to sell a software publisher out of Chicago. The company develops custom programming and maintains proprietary software-as-a-service (“SaaS”) applications for Fortune 500 firms and other notable enterprises.
Read MoreApril 27, 2015
Sun Acquisitions announced the sale of commercial janitorial firm Elbow Grease
Sun Acquisitions is excited to announce they have successfully brokered a deal with the selling of Elbow Grease, a janitorial service located in the Chicago area. Elbow Grease has been serving the Chicago area for over eleven years.
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