You are considering Stoney Point LLC to assist you with your search for a suitable business acquisition. You have reviewed available businesses and none fit your requirements. Why not engage Stoney Point on a success fee basis to search for your desired acquisition? Here are some things to know.
Industry Focus: First, Stoney Point works only on assisting in the acquisition of Indiana and Ohio based manufacturing and logistics companies and offers a very deep understanding of those respective industries. This understanding enables Stoney Point to quickly identify and accurately present the current strengths, weaknesses and the future opportunities potential qualified acquisitions.
You will not waste time or face frustration explaining to Stoney Point what your ideal target manufacturing or trucking company does, how they do it or for whom they do it.
Open Locked Doors: The prospect of known qualified Buyer is a key that can unlock acquisition opportunities that are closed. Properly introduced, the known possibility of a qualified Buyer can start a thought process or resurrect a dormant one with a business owner. Stoney Point can open more discussions and have those discussions be more productive if a qualified and targeted Buyer has committed to a search for a suitable acquisition. This is particularly true if the Buyer wants to retain key management possibly even the owner.
Finding Sellers: Sellers prefer to work with a broker who knows their industry. Potential Seller’s are identified from an extensive list of personal contacts developed from years of business experience in manufacturing and trucking. Stoney Point also uses an extensive array of data bases to help identify and qualify prospective Sellers.
Confidentiality: The value of an acquired company can be adversely affected if there are information leaks to employees, customers, competitors or suppliers. It is in the best interest of both the selling and buying parties that confidentiality is maintained until after the deal is closed. This is the reason that Stoney Point does not post its clients on the internet including the many business-for-sale web sites that are all open to the general public. There is no control over who knows or what they know. The prospect of a sale signals a change that can be alarming to employees, customers and suppliers and provide ammunition to competitors.
Each contact Stoney Point has with a prospective Seller is done personally and individually. Non-Disclosure Agreements are signed to protect the interests of all parties.
Fees: Stoney Point works only on a success fee basis. That means there are no upfront fees and that Stoney Point is paid only if there is a closed deal. The Client has the exclusive right to accept or reject any deal. Very simply, if there is no closing, there is no fee. Stoney Point pays all of its own expenses. The fee is typically a percentage of the total proceeds of the transaction and is agreed upon in advance by the Client and Stoney Point. When Stoney Point represents a Client seller, Stoney Point will not collect fees from any other entity.
Objectivity: Stoney Point will perform professional services with our Clients’ best interests as our only and primary concern. Any perceived or real conflicts of interest will be fully disclosed before accepting any engagement.
Professional Competency: Stoney Point will only accept professional service engagements that we believe we are capable of performing to the Clients’ satisfaction. The terms of a professional services engagement will be discussed and agreed to in writing with Clients before commencing our work.
Communication: Stoney Point believes in and will promote open, frequent and honest communication between all parties. This will achieve the best possible results.
Call Dennis Pressler at 317-691-3686 or email dpressler@stoneypointllc.com for more information.
Stoney Point LLC 