RKCA’s IT MSP Industry Insights (10.7.2024)
Welcome back to RKCA’s IT MSP newsletter. This time we are going to look at what we consider “Best in Breed” for a number of the metrics many IT MSP owners collect on their business. We have also included a snapshot of the transactions that took place through Q3’24 for the industry(1). What Makes a […]
United Garage Door Significantly Increases Value with RKCA’s Guidance
THE GOAL United Garage Door hired RKCA to not only source and negotiate a sell-side transaction but guide the organization through changes to maximize the deal. THE OUTCOME RKCA advised United Garage Door to make strategic business changes that resulted in an, far superior to what they had expected. In 1997, the Osborne family purchased […]
Homefield IT Explores Consolidation Options and Finds Complementary Buyer
THE GOAL Homefield IT hired RKCA to pursue a sellside transaction that would potentially benefit not only the business but also the employees and clients. THE OUTCOME RKCA analyzed numerous offers and discovers a buyer who may expand Homefield’s current team reach while providing immense value to clients. While running individual IT consultancies in New […]
The Bistro Group Gets a Valuation That Exceeds Expectations
THE GOAL Orchestrate a complex multi-state, multilocation deal in a down market that satisfies the differing priorities of more than a dozen shareholders. THE OUTCOME “RKCA got a price beyond our expectations and got us through the process to closing.” Al Stahl CFO, The Bistro Group In 1989, lifelong business partners and friends Bob Conway […]
RKCA Sources Accomplished Buyer for 3D Color to Maintain the Company Legacy and Continue Building the Business
THE GOAL Source a buyer who not only has the savvy to continue expanding the business but also the motivation to carry on the company legacy. THE OUTCOME When 3D Color was purchased by an individual with a clear expansion plan, the transition was seamless for current employees and the new owner began to generate […]
Tangible Solutions Maximizes Results in an International Sell-side Deal
THE GOAL Upon receiving several inbound inquiries, Tangible Solutions engaged RKCA to run a robust sell-side process to maximize the outcome for shareholders while preserving a future upside for the founders. THE OUTCOME Tangible Solutions not only closed a crossborder deal at a higher valuation than they expected but also mitigated risks along the way. […]
Rippe & Kingston Legal Management System (LMS) Finds the Perfect Buyer to Accelerate Growth
THE GOAL Source the right buyer to continue the LMS legacy by capitalizing on the accelerated growth opportunities afforded by favorable market conditions. THE OUTCOME LMS was acquired by a private equity firm that was truly excited by the business and immediately invested the resources necessary to triple profitability. Founded in 1982 by friends and […]
Midwest Sports Sells to A Leading International Buyer Positioned for Aggressive Growth
THE GOAL Create a transition plan that positions the company for future success. THE OUTCOME When Midwest Sports was approached by a strategic buyer, they turned to RKCA to handle the transaction which resulted in incredible future upswing through considerable stake in the new, high-growth entity. Founded in 1987 by Greg Wolf and his brother […]
Long-term Preparation Pays Off for Innovative Labeling Solutions and Wizard Labels
THE GOAL By fostering a long-term advisory relationship with RKCA, ILS prepared for a best-case-scenario exit when the time was right. THE OUTCOME When ILS (together with Wizard Labels) formally went to market with RKCA, they not only hand-picked the best culture fit from dozens of potential buyers but they also got an outcome much […]
Hydrotech Sources their Ideal Buyer With Aligned Goals
THE GOAL Source the right buyer to consolidate Hydrotech with another manufacturing business, thus securing the long-term stability of the company for employees. THE OUTCOME Hydrotech was acquired by a company with a positive work culture and the capacity to offer improved solutions as well as quickly address changes in the ever evolving landscape of […]