ENLIGN Provides Business Valuation for Grammy Winning Heavy Metal Band

Raleigh, NC – ENLIGN Business Brokers has provided an Opinion of Value Report for a Grammy Award winning heavy metal band.

ENLIGN, calculated the Opinion of Value using the Discounted Cash Flow (DCF) method of business valuation. Considering revenue streams such as live performances, live performance merchandise sales, live performance bonuses, web store merchandise sales, recording contract advances, and royalty advances.

Merchandise sales include shirts, hats, cd’s and other band memorabilia.

The calculation included imputing a Weighted Average Cost of Capital (WACC) as a discount rate to determine the net present values of the various cash flows. Several dozen assumptions were required and included in the multi-page worksheet that was subsequently referenced in the Opinion of Value Letter provided to the client.

A discount for lack of control was also applied.

“Valuing a entertainment entity, such as a heavy metal rock band, was certainly one of the more interesting projects we’ve been retained to complete.” shared Jeff Snell, ENLIGN’s founder and Principal Broker.

The client was referred by their intellectual property and entertainment lawfirm based in New Orleans, LA.

ENLIGN does not release financial details of opinion of value.

For more information, visit ENLIGN’s website.

Keywords: ENLIGN, Business Brokers, ENLIGN Advisors, Jeff Snell, heavy metal band, valuation, […]

September 12th, 2019|

ENLIGN Represents Seller of Outdoor Power Equipment Company

Raleigh, NC – ENLIGN Business Brokers has served as intermediary in the sale of Clay’s Power Equipment Raleigh and Fuquay Varina Locations.

ENLIGN, representing the sellers, Jerry and Phyllis Clay, prepared a buyer’s information packet, provided a broker’s opinion of value, worked with the seller to determine an appropriate asking price, represented the seller in pre-offer discussions, assisted in the negotiation of the terms of the transaction, and worked with Buyer’s attorney Carmen Marzella of Marzella Law Group and seller’s attorney in preparing closing documents for client review. ENLIGN Commercial, LLC. also assisted in negotiating the terms of the Raleigh lease.

“Wes and Brianne Hoerr, Buyers relocated to North Carolina to acquire the business.” shared Jeff Snell, ENLIGN’s founder and Principal Broker.

Buyers had industry experience that they plan to use to continue to build the companies brand recognition and reputation in the markets they serve.

ENLIGN does not release financial details of transactions.

For more information, visit ENLIGN’s website.

Keywords: ENLIGN, Business Brokers, ENLIGN Advisors, Jeff Snell, business, sale, sold, Seller, Buyer, negotiation, valuation, marketing, Wes Hoerr, Brianne Hoerr, Jerry Clay, Phyllis Clay, Clay’s Power Equipment, outdoor power equipment, sales, service

ENLIGN Advisors, which has its headquarters in Raleigh, NC and regional offices in […]

July 31st, 2019|

ENLIGN Represents Seller of Patent in Travel and Tourism Technology Space

Raleigh, NC – ENLIGN Business Brokers has served as intermediary in the sale of USPTO registered patent in travel and tourism technology space.

ENLIGN, representing the seller of a USPTO registered patent in travel and tourism technology space, prepared a buyer’s information packet, provided a broker’s opinion of value, worked with the seller to determine an appropriate asking price, proactively contact potential strategic acquirers, 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 attorneys in preparing closing documents for client review. ENLIGN also negotiated the terms of an extended consulting agreement and royalty terms for the Seller.

“The acquirer of the patent was a perfect fit for both buyer and seller.” shared Jeff Snell, ENLIGN’s founder and Principal Broker.

The acquisition will serve to increase the breadth and depth of deliverables and service offerings of the Buyer, who was a strategic acquirer.

ENLIGN does not release financial details of transactions.

For more information, visit ENLIGN’s website.

Keywords: ENLIGN, Business Brokers, ENLIGN Advisors, Jeff Snell, business, sale, sold, Seller, Buyer, negotiation, valuation, marketing, New Orleans, LA, Louisiana, patenet, USPTO, United States Patent and Trademark Office, consulting agreement, royalty, royalties, travel, tourism, technology

ENLIGN […]

June 1st, 2019|

Jeff Snell Installed as International Business Brokers Association 2019 Chairman

RALEIGH, NC – Jeff Snell has been installed as Chairman of the International Business Brokers Association for 2019.  He has served on the IBBA Board of Governors since 2016 and will serve as the 2020 IABI Chairman as immediate past IBBA Chair.

News Facts:

  • Jeff Snell has been elected Chairman of the International Business Brokers Association (IBBA) for the 2019 term.
  • He has served on the IBBA Board of Governors since 2016.
  • He will then serve as the IABI Chairman for the 2020 term.

Quotes:

“The IBBA is the largest and most recognized association of business brokers in the world. Beinf elected chairman for 2019 by my peers is a notable honor.” stated Jeff Snell, Founder and Principal Broker at ENLIGN.

Keywords:

ENLIGN Advisors, Business Brokers, Jeff Snell, M&AMI, AMI, CBI, ABI, CM&AP, business, leader, mergers, acquisitions, M&A Source, IBBA, IABI, chairman, Raleigh, North Carolina, 2019

About ENLIGN Advisors:

ENLIGN Advisors, which has its headquarters in Raleigh, NC and 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 […]

January 1st, 2019|

ENLIGN Represents American Art Editions in Sale of Business

Apex, NC – ENLIGN Business Brokers has served as intermediary in the sale of American Art Editions located in Apex, North Carolina.

ENLIGN, representing Richard Winters as the seller of a Fine Art Giclee Printmaking Studio, prepared a buyer’s information packet, provided a broker’s opinion of value, worked with the seller to determine an appropriate asking price, listed the business online, 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 attorneys in preparing closing documents for client review.

Carmen Marzella of Marzella Law Group located in Cary, NC represented the Seller. The Buyer was not represented by counsel.

ENLIGN marketed the opportunity with the top online business listing services and received over 40 inquiries from interested buyer prospects. Additionally, the opportunity was posted on the ENLIGN’s website and marketed directly to ENLIGN’s internal business buyer list.

“ENLIGN is pleased to have provided the Seller and Buyer a creative structure that allowed the transfer of assets to a long-term trusted employee” shared Jeff Snell, ENLIGN’s founder and Principal Broker.

The business will be relocated after the transaction closes.

ENLIGN does not […]

November 16th, 2018|

ENLIGN Represents Skytel Systems in Sale of Business

Cary, NC – ENLIGN Business Brokers has served as intermediary in the sale of Skytel Systems located in Cary, North Carolina.

ENLIGN, representing Ahmad Eied as the seller of a Voice Over Internet Protocol (VOIP) and managed services firm, prepared a buyer’s information packet, provided a broker’s opinion of value, worked with the seller to determine an appropriate asking price, listed the business online, 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 attorneys in preparing closing documents for client review.

Carmen Marzella of Marzella Law Group located in Cary, NC represented the Seller. Ken Carroll of Morningstar Law Group located in Raleigh, NC represented the Buyer.

ENLIGN marketed the opportunity with the top online business listing services and received over 70 inquiries from interested buyer prospects. Additionally, the opportunity was posted on the ENLIGN’s website and marketed directly to ENLIGN’s internal business buyer’s list.

“The interest in this listing was incredible. Mr. Eied had a difficult choice in selecting from six offers that were presented prior to selecting the buyer that ultimately closed the transaction.” shared Jeff Snell, […]

November 7th, 2018|

Ahmad Eied (Seller Client 2018)

“Excellent experience! Jeff Snell was very knowledgeable and right by my side the entire time. We even received multiple offers. Definitely recommend.”

Ahmad Eied (Business Seller)

(919) 449-8655

November 7th, 2018|

ENLIGN Represents The Retreat in Sale of Business Assets

DURHAM, NC – ENLIGN Business Brokers has served as intermediary in the sale of The Retreat located in ENLIGN’s website and marketed directly to ENLIGN’s internal business buyer’s list.

“This transaction was complex due to factors such as outstanding gift cards and pre-paid services. Additionally, growth in the area had impacted rents and the leases took additional time.” shared Jeff Snell, ENLIGN’s founder and Principal Broker.

The new owners Jennifer and Jonathon Commons, will operate the business.

Seller was represented by Carmen Marzella of The Marzella Law Group.  Buyers were represented by Matt Black of Pinna, Johnston & […]

October 3rd, 2018|

Michael Fekkes, M&AMI, CBI, CEPA Receives Fellow of the IBBA Award from the International Business Brokers Association

NASHVILLE, TN: Michael Fekkes was awarded the Fellow of the IBBA Award by the International Business Brokers Association on Friday, May 4th at the IBBA Annual Conference held in New Orleans, LA.

The Fellow of the IBBA award was designed to celebrate the contributions of loyal, long-time members of the International Business Brokers Association. In order to be considered for this highly coveted and lifetime award, the individual must have been a member of the IBBA for ten years or longer, hold their Certified Business Intermediary (CBI) designation, be in good standing, and have made significant contributions to the association by serving as a director, committee chairperson, presenter or instructor at a conference, or various other association activities.

News Facts:

  • Michael Fekkes received the Fellow of the IBBA Award.
  • The award was presented by the International Business Brokers Association at the 2018 annual conference.
  • For 2018 there were only 5 professionals in the world who received the Fellow of the IBBA Award.
  • This award adds to Michael’s M&AMI, CBI, & CEPA credentials.

Quotes:

“Achieving the industry’s highest certifications and credentials over the last decade has been very satisfying and rewarding.  Having my contributions and expertise recognized by such a prestigious association and being part […]

May 4th, 2018|

Jeff Snell Earns CM&AP Degree

RALEIGH, NC: Jeff Snell has completed the Certified M&A Professional Program and received the CM&AP degree. Twenty professionals were conveyed the degree bringing the worldwide total to 138.

The Certified M&A Professional Program is offered by the Coles College of Business at Kennesaw State University in conjunction with The M&A Source.

The program is an adaptation of the educational/certification offerings of the Coles College M&A Academy, which focuses on the unique aspects of middle market M&A activity. It is ideal for M&A intermediaries, private equity groups and other professionals serving this sector, as well as senior management of privately held businesses.

The course was held from March 12th through March 16, 2018 in Georgia.

News Facts:

  • Jeff Snell has earned the Certified Merger and Acquisition Professional degree.
  • The degree is taught by Kennesaw State University professors at the Coles College M&A Acadamy at Kennesaw State University.
  • There are currently 138 recipients of the degree.
  • The degree provides for 21 hours of continuing education.

Quotes:

“It was an intense five day course requiring substantial prior knowledge and experience to successfully complete.” stated Jeff Snell, Founder and Principal Broker at ENLIGN.

Keywords:

ENLIGN Advisors, Business Brokers, Jeff Snell, CM&AP, M&AMI, CBI, ABI, business, leader, mergers, acquisitions, M&A Source, […]

March 16th, 2018|