Monday, April 27, 2015
FOR IMMEDIATE RELEASE
Attention: Sun Acquisitions announced the sale of commercial janitorial firm Elbow Grease
Contact: Domenic Rinaldi, CBI, Managing Director
Address: 8735 W. Higgins Road, Suite 160, Chicago, IL 60631
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. They have maintained service contracts with prominent educational, manufacturing and religious institutions, while also maintaining their top customer from 2014 and establishing new relationships that will lead to substantial revenue. They are a janitorial service with excellent growth potential.
Sun Acquisitions managed all aspects of the acquisition process including the research, target search, financial analysis, advising on deal structures, and introducing the ancillary advisors at the appropriate time to complete the legal and accounting aspects of the deal.
The improved health of the small business market has been on the rise in Q1 of 2015. A key reason for the increase is the improving health of small business financials. The impressive financial performance is allowing sellers like Elbow Grease to ask for and receive higher prices for their business and Sun Acquisitions was there every step of the way to help with the transaction.
Elbow Grease has distinguished itself with personal attention, high quality service and low cost. They galvanize the value they offer by being flexible and creative to meet its customers’ needs. They pride themselves on being the best value in the low cost market segment.
About Sun Acquisitions
Sun Acquisitions provides mergers and acquisition services to clients interested in the confidential sale, acquisitions or valuation of privately held mid-market companies. Sun Acquisitions has successfully managed and handled engagements in all kinds of industries and are recognized as a leading advisory firm in the Midwest. Sun Acquisitions expertise is with transactions of businesses with revenues from $3 million to $30 million and EBITDA of $500,000 to $8 million.
Sun Acquisitions leverages the experience of its M&A advisors to bring the sophistication of large M&A transactions to the small and middle markets in an efficient, cost effective, and professional manner. Clients know that we have the expertise to manage the lifecycle of their transaction including clarifying objectives, creating leverage and maximizing ROI which are the cornerstones of any successful deal. https://sunacquisitions.com/current-engagements/