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Member Testimonials
Here are some of our testimonials from satisfied Mergernetwork members.
We have made several deals resulting from listings on Mergernetwork, including a $2 million manufacturing company, a $7 million research and development company, and a $1 million oil and gas company, and have more in the works. The networking opportunities provided by Mergernetwork have been extremely valuable to us.
Mergernetwork is something that we will use to market all the businesses we sell. It increases our exposure in a cost- and time-effective way, getting us responses within days. For example, I sold the Colorado franchise of Executrain, a computer-training firm, to an investor group in San Francisco. I wouldn't have met this buyer any other likely way.
I just wanted to thank you for all the good leads while searching for a business. It was a pleasure dealing with your company. Tom was ever so patient getting me started months ago. I will not hesitate to pass on the great work you do. Thanks.
Mergernetwork is wonderful. I'm currently working on 30 deals, all of them resulting from listings on Mergernetwork. I met two people who do financing for me through Mergernetwork, too. If I post a business, I get an average of 20 emails about it on the same day.
After two years of searching for a company to buy, using all the traditional means — business brokers, advertising, etc., I joined Mergernetwork. I programmed a Smart Agent. The second Smart Agent email I received was for Fabrication Technology. After two years of searching, I found exactly what I wanted in just a couple of days. In fact, the deal closed in just five weeks.
We have had amazing results from our postings on Mergernetwork. On one Friday, we posted sixteen businesses with sales ranging from $8 to $54 million. That night, an interested buyer flew in from Texas. By the end of the weekend, I had received 94 faxed responses to my postings, going through three rolls of fax paper. On Sunday night, a buyer interested in an aviation company flew in from Chicago with a $100,000 deposit check. Both the Texas and Chicago buyers signed contracts on Monday. I once posted a golf course and had four queries within the hour. I'm worried about running out of inventory.
I've made several deals through Mergernetwork, including a $13 million mobile home manufacturing company in Georgia which we sold to a buyer in New York. Without the broad reach that Mergernetwork offers us, we'd be much less likely to find buyers outside of our geographic area, and certainly not as quickly. The word has spread throughout the Sunbelt-Piedmont group and brokers from all over the country are joining Mergernetwork.
Thanks to Mergernetwork, I've expanded my activities to business brokering. Bob Brauns provided very helpful coaching as I made my first deal, the sale of a $1.8 million bottling company. I'm working on another deal now and will always be a Mergernetwork member.
The Internet is an integral part of any M&A marketing program, especially if the company is interested in expanding beyond their region. Through Mergernetwork, we are working with interested investors from all over the world. We recently completed a transaction in which a very sophisticated and experienced buyer found the listing at Mergernetwork. My experience is that individuals using the Internet to find opportunities are many times more sophisticated in their approach, which can make structuring the transaction much easier.
Mergernetwork has been very helpful in finding prospective buyers for businesses ranging from $5-50 million, particularly information industry businesses, since that tends to be our emphasis. And we benefit from some of the unexpected connections that result. We hear from people who suggest markets we hadn't considered before. The variety of responses allows us to do a more comprehensive job serving our clients. We've also picked up a few smaller clients from the service.
