Sun Acquisitions is pleased to announce the sale of a low voltage phone and security systems company located in the Greater Chicago area.
The company has been designing and implementing business phone and security solutions nationwide since the 1980s. They are a full-service provider of voice and data solutions that offers high quality products and services to its client base. As telephone systems have migrated to VOIP, the company offers low voltage wiring and security and access systems.They are equipped with a full-time sales team to capture new projects and well-trained technicians to design and install the systems.
Opportunity for growth exists in the potential to add additional sales people to increase the size of their client base. In addition, there is an opportunity to expand the company’s services to offer IT services, as the current employees have the necessary skill sets. Sun Acquisitions generated over 80 inquires on the business, which led to 50 qualified buyers and multiple offers. The business was acquired by an individual investor.
Domenic Rinaldi was the lead advisor and managed all aspects of this client engagement. Domenic is the Managing Partner for SunAcquisitions and a Certified Business Intermediary (CBI). He is a seasoned executive with over 30 years of proven M&A experience.
About Sun Acquisitions:
Sun Acquisitions is a Chicago based mergers and acquisitions firm. We work with clients that are interested in the confidential sale, acquisition or valuation of privately held middle market and main street companies. Our professionals have significant experience and knowledge to thoroughly guide clients through each stage of the sale or acquisition process. Sun Acquisitions has successfully managed and handled engagement across all industries and is recognized as a leading M&A advisory firm in the Midwest.