AI Issue 6 2017

24 Acquisition International - June 2017 What’s the difference between listing your business and selling your business? The difference is Lakes Business Group, Inc. As winner of the Leading Mergers and Acquisitions Adviser of the Year – USA award, we spoke to the firm’s Destiny Wallen to discover more about the firm’s valued work in the field. ince 2008, Lakes Business Group, Inc. (LBG) incorporates the large public stock investment banking mentality to the lower middle market client. The firm’s clients are typically owners of businesses which are valued between one and 20 million. Historically, the firm’s clients have been underserved as too small or too expensive to support by the boutique investment banking firms. The firm specialises in the following areas: • Agribusiness • Chemical • Consumer/Retail Goods • Industrial/Manufacturing • Transportation • Technology • Health Care • Service Sector The firm’s Destiny Wallen explains more about the firm’s work and her thoughts on winning the Leading Mergers and Acquisitions Adviser of the Year – USA accolade. Company: VR Lakes Business Group Inc. Name: Destiny Wallen Email: [email protected] Web: lakesbusinessgroup.com Address: W229 N1433 Westwood Drive #106 Waukesha, WI 53186 Phone: +1 262 347 2083 The Difference Between Listing and Selling Your Business S 1706AI98 “This is our sweet spot. LBG incorporates state of the art technology and critical path approach target marketing which provides local representation with a global reach to an engagement, helping leverage value up – getting the most money for your business. “Lakes Business Group, Inc. is an advisory services firm with offices located in Wisconsin and operating throughout the Midwest and the world. Focused on the full or partial sale, divestitures or mergers of middle-market businesses in niche markets, LBG specialises in assisting management buyouts, business reconstruction, divestitures, value maximisation of sales transactions and the end-to- end evaluation of a specific clients’ needs. “We are honoured to be selected as the Leading Mergers and Acquisitions Adviser of the Year – USA We are excited to continue to work hard and strive to please our clients both now and in the future.” The firm’s Tim Bullard, CEO, and Partner, Mark Smith are both former business owners and know first-hand the challenges that face a privately held business. Destiny then details the team’s uncompromised commitment to their clients’ confidentiality and the crucial role that staff play in the success of this firm. “Having an exit strategy is something every business owner should consider whether you are months or years away from selling. Our team’s uncompromised commitment to our clients’ confidentiality and the most technologically advanced assessment/marketing methods available today provide our clients with a level of success unequalled in the business transfer industry. “Our strong team of unique backgrounds provides us an opportunity to provide our clients with an unparalleled skill set to work in their best interest to reach their goals. The important behind the scenes work that our advisers carry out are - market research; due diligence; qualifying and vetting of buyers and negotiations as well as deal structures.” “Our strong team of unique backgrounds provides us an opportunity to provide our clients with an unparalleled skill set to work in their best interest to reach their goals . The important behind the scenes work that our advisers carry out are - market research; due diligence; qualifying and vetting of buyers and negotiations as well as deal structures.”