Ensuring Peace of Mind Through a Flexible Approach
To protect their confidentiality, a smaller engineering client did not want to approach anyone with operations in their territory.
- At that size, it is difficult to get the attention of international buyers, and all logical Canadian buyers had some local presence.
- The limitation effectively eliminated the top potential strategic buyers.
Assurgo used a creative approach and positioned the vendor as a growth opportunity for a player outside of Canada.
- Focused on European and Asian operators of similar businesses.
- Located a relatively new public company that had expanded to Asia
- Presented a strong transition plan and ultimately closed on value that met the vendor’s expectations.