ENLIGN Sells Material Handling Manufacturing Business

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

News Facts:

– 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.

Quotes:

“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.

Keywords:

ENLIGN, Business Brokers, Michael Fekkes, […]

January 1st, 2018|