News & Events
ENLIGN Sells Material Handling Manufacturing Business
ENLIGN DEAL TEAM | 01/01/2018
NASHVILLE, TN - Michael Fekkes, M&AMI, CBI, CEPA announces the sale of an Overhead Crane manufacturing business in middle Tennessee. This twenty-six-year-old business designs, engineers, and manufactures overhead cranes.
The Sellers were Bill and Dixie Riddle. They were represented by attorney William 'Tim' Hill. The buyers were Terry and Carol Moore and used Greg Gill of Rohelle, McCulloch and Aulds for legal counsel.
ENLIGN provided confidential business-for-sale marketing and buyer qualification services in addition to negotiating the term sheet and definitive purchase agreements. “This was a highly profitable material handling business business that supported a wide variety of industries throughout the southeast.” stated Michael Fekkes, the Director of ENLIGN’s Nashville, Tennessee office.
Related Links: www.enlign.com
- ENLIGN Business Brokers has announced that the firm has sold a material handling manufacturing business in middle Tennessee.
- Very stable overhead crane business with a backlog of orders and excellent clientele.
- ENLIGN valued the business, created the marketing materials, discreetly qualified all buyers, and provided term sheet negotiation services.
For listing details, visit www.enlign.com.
"The new owner is looking forward to taking this business to the next level with the expansion of the product and service offering in addition to growing employee resources.” said Fekkes.
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About ENLIGN Business Brokers:
ENLIGN Business Brokers, which has its headquarters in Raleigh, NC and a regional offices in Charlotte, NC, Greensboro, NC and Nashville, TN, 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 offered throughout the process. ENLIGN, which is a member of the International Business Brokers Association (IBBA), M&A Source 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.