Selling a Construction Company: 5 Tips for Success

If you are planning on selling a construction company, there are a few important tips to consider. Some of these tips are common to selling any type of business, and others are specific to selling a construction company. Through decades of experience buying and selling businesses across many industries, we have identified five key tips for successfully selling a construction …

Can I sell my business if I have an SBA loan?

Yes, you can sell a business with an SBA loan, but not without taking certain important measures. The most crucial measure is obtaining lender approval. With your bank’s approval, there are three scenarios for selling a business with an SBA loan: 1. Sell for more than you owe. If your business is valued for more than you owe on the …

VIDEO: Viking Mergers & Acquisitions Announces the Sale of Sun Dollar Energy

Sun Dollar Energy, a leading solar energy installation company, has recently been sold to a new owner through Viking Mergers & Acquisitions. The business was previously owned by Daniel Lezama.  Founded 9 years ago, Mr. Lezama built the company into a top-rated solar contractor in North Carolina. The sale was facilitated by Dan Wilson and Brandon Smith, both with Viking Mergers & Acquisitions. With well …

M&A Firm vs. Industry Expert – Which One Should You Choose

Why You Should Choose an M&A Firm When Selling Your Business If you are considering selling your business, you may have considered enlisting the services of an industry expert. It certainly seems reasonable that someone with industry-specific expertise could help maximize the success of your sale. However, if a successful sale means achieving the best outcome for you and for …

When to Tell Employees You Are Selling the Business

If you have decided to sell your business, the question of when to tell your employees you are selling likely looms large in your mind. This is an important question, and the answer will come as a relief to some and a stumbling block to others. Simply put, it is best to tell employees after the sale is finalized. Why? …

Why Confidentiality Counts When Selling Your Business

When selling a business, maintaining confidentiality is critical. There are three main reasons a confidentiality agreement is an absolute must for all business sales, and it is important for any business owner to understand why. The main purpose of a business sale confidentiality agreement, also called a non-disclosure agreement, or NDA, is to protect the intellectual and property rights of …

Road King Trailers Acquired by New Ownership

Road King Trailers, a manufacturer of aluminum and galvanized boat and PWC trailers, with two facilities located in Chandler, NC, and Ocala, NC was recently acquired by a new owner with the assistance of Viking Mergers & Acquisitions, an industry-leading middle-market business intermediary firm. The Hamm and Miller family have been working together for more than 40 years and their …