News & Events
ENLIGN Sells Nelson Distributing In San Antonio, Texas
ENLIGN DEAL TEAM | 03/01/2021
San Antonio, TX – Nelson Distributing, a nationally known company providing top quality POS and ECR products and accessories for small businesses, is under new ownership. Joe Vagnone, the Charlotte Area Managing Director with ENLIGN Business Brokers & Advisors facilitated this sale between the Seller, Rocky Nelson, and Reed Robertson, the Buyer.
The sale of this business was especially challenging, with the seller operating the business in Texas, and the buyer in North Carolina. Having recently purchased Longino Distributing in Statesville, NC through ENLIGN, buyer Reed Robertson had this to say: “I have recently purchased two businesses through Joe Vagnone, and my experience was a quick, easy and professional experience both times. I highly recommend Joe and Julie to help find the right business as well as make it a seamless process.”
Joe Vagnone had this to say: “This transaction will create the largest CRS distribution company in the country. The newly combined efforts of this deal will afford Reed a competitive advantage over all other distributors in the country selling similar products and services. I am very proud to have played a part in this new beginning of a very old and established company.”
Joe Vagnone is a proud referral partner of Quest (www.questnow.net), an independent business advisory firm dedicated to helping business owners reach their goals and prepare for transitions. This deal is reflective of Joe’s long-standing relationship with Quest teammates Dale Gillmore and Ed Marxen, with whom he has a very successful relationship.
These key associations ultimately help the client, giving Joe the nickname “broker’s broker.” ENLIGN marketed the opportunity with the top online business listing services, including ENLIGN's website, www.enlign.com before the sale.
ENLIGN, representing the seller, prepared a buyer's information packet, provided a broker's opinion of value, worked with the seller to determine an appropriate asking price, pre-qualified potential buyers, represented the seller in pre-offer discussions, assisted in the negotiation of the terms of the transaction, and worked with buyer's and seller's closing documents for client review and execution I tell all my clients, "You're not paying me just to find a willing buyer; you're really paying me to get the deal done." - Joe Vagnone For more information, visit ENLIGN's website.
Keywords: ENLIGN, Business Brokers, ENLIGN Advisors, Joe Vagnone, Nelson Distributing, business, sale, sold, Seller, Buyer, negotiation, valuation, marketing, Rocky Nelson, Reed Robertson, San Antonio, TX, Texas, Distribution, restaurant, supply, logistics, POS, point of sale ENLIGN Advisors, which has its headquarters in Raleigh, NC and regional offices in Charlotte, NC, Greensboro, NC, Atlanta, GA and Orlando, FL provides seller and buyer services, professional negotiation, and valuation and marketing services to small and medium business sellers and buyers.
ENLIGN provides business owners wishing to sell their businesses with discrete, objective counsel and valuation advice implementing an innovative, comprehensive approach to marketing businesses for sale. Complete confidentiality is provided throughout the process. ENLIGN, which is a member of the International Business Brokers Association (IBBA), M&A Source (MAS) and the American Business Brokers Association (ABBA), requires that its agents and affiliates have owned a successful business of their own, hold an advanced degree and be members of IBBA working towards or having completed the Certified Business Intermediary (CBI) accreditation.
For more information about buying or selling a business or becoming an ENLIGN affiliate broker, contact Jeff Snell at email@example.com or visit the Web site at www.enlign.com.