Blog Posts

Thursday, April 2, 2015

FOR IMMEDIATE RELEASE

Attention: Sun Acquisitions has been engaged to sell a Chicago janitorial service

Contact: Domenic Rinaldi, Managing Director
Address: 8735 W. Higgins Road, Suite 160, Chicago, IL 60631
Phone: 773-243-1603
Email: [email protected]
URL: www.sunacquisitions.com

Chicago, Illinois

Sun Acquisitions (www.sunacquisitions.com) announced today that they have been engaged to sell a residential cleaning and janitorial service company located in Chicago. This residential cleaning service has been serving the Chicago area since 1999. It has a large and loyal customer base as the result of their high-quality, top-down service in a reliable and cost-effective manner.

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.

The company has stable annual revenues, while featuring a profitable operations and an established staff and client base. This company is poised for continued growth under new ownership.

Looking at the industry as a whole, the janitorial services industry is expected to increase its annual revenue, with projected growth of 2.4% in 2015 alone. These projections are linked to the expected and continued growth in U.S. businesses. For example, in 2012, 2013 and 2014, the number of US businesses increased and is expected to rise to 2.0% in 2015. Industry growth and potential opportunities for growth within the company that is already established, make this cleaning service a potentially lucrative option for an interested buyer.

About Sun Acquisitions

Sun Acquisitions provides mergers and acquisition services to clients interested in the confidential sale, acquisition or valuation of privately held mid-market companies. We have successfully managed and handled engagements across all industries and are recognized as a leading advisory firm in the Midwest. www.sunacquisitions.com

Contact Sun Acquisitions for more information at 773-243-1603.

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Thursday, April 2, 2015

FOR IMMEDIATE RELEASE

Attention: Sun Acquisitions has been engaged to sell a custom screen printing and embroidery service.

Contact: Jordan Whitehurst, CBI, Managing Director
Address: 8735 W. Higgins Road, Suite 160, Chicago, IL 60631
Phone: 773-243-1603
Email: [email protected]
URL: www.sunacquisitions.com

Chicago, Illinois

Sun Acquisitions (www.sunacquisitions.com) announced today that they have been engaged to sell a custom screen printing and embroidery company that specializes in services for the commercial, resident, non-profit and municipal industries. This company has offered its services to clients located in Chicago since it was founded in 1996. The company is known for offering high-quality work to more than 250 customers a year.

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.

The cornerstone offering for this novelty food company is creating high-quality, custom screen printing services. With diverse equipment and highly skilled certified fabricators, the company has the capability to produce small to large orders that meet their loyal customer’s demands. The company offers complete and personalized assistance with designing its customer’s custom projects.

The company has maintained quality profits, but still has room to grown. An outside sales person could be hired, trained and utilized to generate additionally sales, but the primary method of growing is the untapped ecommerce aspect. As the world is navigating more and more online, establishing an ecommerce side of the business could provide huge growth opportunities for potential buyers.

About Sun Acquisitions

Sun Acquisitions provides mergers and acquisition services to clients interested in the confidential sale, acquisition or valuation of privately held mid-market companies. We have successfully managed and handled engagements across all industries and are recognized as a leading advisory firm in the Midwest. www.sunacquisitions.comun Acquisitions for more information at 773-243-1603.

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March 24, 2015

FOR IMMEDIATE RELEASE

Attention:  Sun Acquisitions announces the sale of a Property Management Firm

Contact: Domenic Rinaldi
Address: 8735 W. Higgins Road, Suite 160,  Chicago, IL 60631
Phone: 773-243-1603
Email: [email protected]

URL: www.sunacquisitions.com

Chicago, IL

Chicago, March 24, 2015 – Chicagoland Sunbelt was engaged by a Chicago based Property Management firm to represent them in the confidential sale of their business.  The owner had built a well-established and profitable firm that provides management, accounting and maintenance services to the condominium, townhome and single-family homeowner associations.  The company has a very experienced staff that prides itself on providing outstanding client services and has been recognized as one of the best community association management firms in the Chicago suburbs.  The company has a solid infrastructure and consistent year over year revenue performance, and is positioned to capture new business through expansion.

“We were pleased that our firm was able to generate 57 potential buyers which resulted in 7 solid offers”, stated Domenic Rinaldi, Managing Partner of Sun Acquisitions.  “This property management company is a great model for other firms in the Chicagoland area on how to provide great service”

This was a strategic acquisition by another property management firm that was expanding their footprint into the Chicago market.  They have aggressive growth goals and now have an enhanced staff and client base from which to grow.  In addition, the seller will remain with the acquiring entity under a two year employment agreement.

This is the 7th property management transaction completed by Sun Acquisitions in the past 3 years and demonstrates their significant experience completing transaction in this industry.

About Domenic Rinaldi

Domenic Rinaldi is the President and Managing Partner of Sunbelt Chicago. He was awarded the professional designation of Certified Business Intermediary from the International Business Brokers Association and is considered an expert in the field of business brokerage. He is a seasoned executive who brings over 24 years of proven experience in merger/acquisition, sales, service, marketing and operations to the business brokerage arena.

Domenic is recognized by colleagues and associates as a leader with determination and integrity. He has helped countless business owners develop, execute and maximize their exit strategies. Personally, he has served on the boards of several non-profit organizations and started a citywide program serving under-privileged school children.

About Sun Acquisitions

Sun Acquisitions provides mergers and acquisition services to clients interested in the confidential sale, acquisition or valuation of privately held mid-market companies. We have successfully managed and handled engagements across all industries and are recognized as a leading advisory firm in the Midwest. www.sunacquisitions.com

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Saturday, March 21, 2015

FOR IMMEDIATE RELEASE

Attention: Sun Acquisitions has been engaged to sell a dynamic Chicago-based plumbing business.

Contact: Jordan Whitehurst, Director of Corporate Development
Address: 8735 W. Higgins Road, Suite 160, Chicago, IL 60631
Phone: 773-243-1603
Email: [email protected]
URL: www.sunacquisitions.com

Chicago, Illinois

Sun Acquisitions (www.sunacquisitions.com) announced today that Domenic Rinaldi has been engaged to sell a Chicago-based plumbing business with more than 30 years of experience. Sun Acquisitions will manage this entire engagement and advise on deal structures 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.

The plumbing services industry generates 97.2 billion dollars in annual revenue and the Chicago market is primed for excellent opportunities for these types of services. Commercial buildings and residential buildings make up over 50% of the plumbing industry’s major market segmentation, which puts a Chicago-based plumbing business with 30 years of experience in the center of a great opportunity to get long-term maintenance contracts (which make up 28% of the industries revenue).

Looking at the plumbing industry as a whole, it is one of the many subcontracting industries essential to residential and non-residential building markers. Plumbers are needed to both install systems for new construction and to repair and maintaining the systems of existing structures.

The industry has a low level of technological change, making it a very affordable business to maintain. If anything, traditional materials for constructing drainage, sewerage or guttering will continue to be replaced by more flexible and cheaper materials.

Since the industry’s performance is linked to the extent to which consumers are willing to renovate kitchens and bathrooms, the housing market’s fluctuations led to a moderate increase in volatility over the past five years. However, the industry performance as a whole remained relatively stable because of the demand for long-term facilities maintenance and repairs.

Sun Acquisitions has an established history for making timely and efficient business transactions and is looking forward to helping this Chicago-based business find a buyer.

Contact Sun Acquisitions for more information 773-243-1603

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Thursday, March 21, 2015

FOR IMMEDIATE RELEASE

Attention: Sun Acquisitions has been engaged to sell a Chicago-based medical billing company.

Contact: Jordan Whitehurst, Director of Corporate Development
Address: 8735 W. Higgins Road, Suite 160, Chicago, IL 60631
Phone: 773-243-1603
Email: [email protected]
URL: www.sunacquisitions.com

Chicago, Illinois

Sun Acquisitions (www.sunacquisitions.com) announced today that they have been engaged to sell a medical billing company located in Chicago. This company handles medical billing for a variety of health professionals. They receive master bills from their clients, they check the forms carefully before submitting to the respective insurance companies. The company has a 99% first pass acceptance (FPA) rate, compared to the national average of 70%. The high acceptance rate makes this company highly efficient and capable of processing more claims with fewer people.

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.

The company offers medical billing services to a wide variety of medical and health practitioners, including:

• Internal medicine
• Dermatology
• Pain management
• Chiropractors
• Physical Therapists
• Psychologists

While their billing rate is higher than services offered through offshore work, the company’s success In FTP rate and ability to provide responsive, individualized services warrants the rate.

The business also has a strong opportunity for growth and expansion. They are projecting a 14% growth rate for 2015, based on signing new customers recently, they don’t currently have a website or perform any form of online marketing, and the owner currently does no outbound marketing. Their sole source of business is referrals. With a 99% FPA RATE opens the options for many different avenues of growth and expansion for a potential buyer.

About Sun Acquisitions

Sun Acquisitions provides mergers and acquisition services to clients interested in the confidential sale, acquisition or valuation of privately held mid-market companies. We have successfully managed and handled engagements across all industries and are recognized as a leading advisory firm in the Midwest. www.sunacquisitions.com

Contact Sun Acquisitions for more information at 773-243-1603.

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