Kreshmore Group | Restructuring, Mergers, & Acquisitions Uncategorized 293

TRANSACTIONS ARE CONSUMMATED WHERE GRIT MEETS CREATIVITY.

MERGERS & ACQUISITIONS | REAL ESTATE CAPITAL MARKETS

Kreshmore Group’s strategic advisory and general consulting practice help clients in a variety of situations where the regular day-to-day staff requires additional know-how and expertise. Our team diligently works alongside with businesses to scale, fix problems, and launch new ventures.

M&A

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Capital Markets

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Business Valuation

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SELL SIDE AND
BUYSIDE ADVISORY

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REAL ESTATE CAPITAL MARKETS

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Debt and Capital Procurement

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BUSINESS
VALUATION

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MERGERS AND ACQUISITIONS | REAL ESTATE CAPITAL MARKETS | VALUATIONS

Sell-Side & Buy Side Advisory, Mergers-Acquisitions-Recapitalizations, Deal Sourcing/Prospecting, Financial & Cultural Due Diligence, Valuation/Fairness Opinions, Industry/Market Research, Marketing, Offering Memorandum (CIM/CBR), Business Plan Development, First Mortgage Refinancing, Construction Financing, Mezzanine Loans, Emergency Bridge Loans, Joint-Venture Consulting, Contract Negotiations, Transition/Integration, Custom Industry Networks, Share Redemptions, Business Planning, Retirement/Succession Planning, Employee Benefit Plans.

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REACH OUT TO A TEAM PARTNER TODAY!

Michael Heyse
Michael Heyse
Managing Director
Real Estate Capital Markets & Real Estate Asset Management
708-719-4118
[email protected]
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Anthony New
Anthony Lazzara
Sr. Managing Director
M&A, Restructure, Turnarounds
773-900-1670
[email protected]
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Thomas G. Varga
Thomas G. Varga
Vice President, Operations
M&A, Business Advisory
708-719-4120
[email protected]
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Robertbrand
Robert Brand
Business Valuation Services
Valuation Consultant, CVA
(708) 719-4120
Email
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Shelia Darby
Shelia Darby
Business Valuation Services
Litigation Valuation Consultant MBA, CVA, MAFF
(708) 719-4120
Email
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TESTED AND PROVEN

Kreshmore Group has worked on
hundreds of cases over the past 10 years and has processes down to a science.

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OUR SERVICE OFFERINGS

Kreshmore Group is your resource for M&A services, procuring mortgage refinancing, equity injection, growth capital, emergency loans and troubled debt solutions since 2009. Take advantage of our track record, connections and expertise.

Restructure & Turnarounds
Strategic Advisory
Sports Consulting

INGENUITY AT WORK

Problem solving is what we do.
Our team is focused on adding value throughout every step of the process.

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Kreshmore Group | Restructuring, Mergers, & Acquisitions Uncategorized 293

Sell Side M&A Advisory

Our seasoned executive team has over 60 years of combined M&A expertise

Kreshmore Group is an industry-recognized, boutique restructuring and M&A advisory firm serving diverse niche industries of mid-market & emerging growth companies.


Kreshmore Group offers M&A intermediary services in an environment of professionalism, decorum and timeliness that gives our clients the confidence and peace of mind expected throughout a structured business sale, divestiture or recapitalization process. We have the lower-market and mid-market market wisdom and candid guidance a seller should expect from a strategic and experienced business advisory partner. KG’s managing partners and directors have owned companies within the real estate, finance, restaurant, events management, health and wellness, medical services, manufacturing, IT, and foodservice warehousing & distribution spaces. Kreshmore Group’s executive team has in excess of four decades of direct experience in business ownership – from start to growth to exit.

Selling a Company

We help our clients drive a streamlined sell side M&A process to ensure that the sale, divestiture or recapitalization stays on track from engagement to close. We understand that factors such as strategy/marketing preparation, solicitation, buyer-seller dynamics, legal-financial-cultural due diligence, deal structure, valuation expectations, timing and transition, market conditions, etc. play a crucial role in a M&A deal.
Our customized approach solves a fundamental problem – while general business broker firms focus on simply getting a search done, we focus on making your search successful. Most M&A teams/advisors perform their tasks in isolation without a holistic view of what it takes to make a search successful. Our M&A advisors have a unique insight into M&A transactions – with direct experience across the deal lifecycle and a vital understanding of what it takes to make a M&A deal successful.


Our integrated approach & unique experience will ensure that we stay focused on making your search a successful one.

M&A Deal Strategy - Our Four Stage Approach

  • Planning & Preparation
  • Marketing Materials, ShareFile MGmt, Buyer Target List
  • Direct Outreach & Buyer Solicitation
  • Cold/Warm Calling, Indication(s) of Interest, Term Sheet(s)
  • Qualifying Deal Transaction Structure
  • Management Meetings, Visits, Letter(s) of Intent
  • Exclusivity, Due Diligence, Contract Negotiation
  • Transaction Closing, Document Mgmt, Post-Close Activities

Industries and Experience

Industry Sectors 

Manufacturing, Professional Services, Value-Added Warehousing & Distribution (VAWD), Transportation & Logistics (T&L), Sports, Residential & Commercial Real Estate (R.E.), Financial Services and Construction/Contracting.

Industry Category Experience

Foodservice, Hospitality, Restaurants, Resorts, C-Store/QSR, Jan-San/Safety, Electronics, Automotive (Parts/Dealership/Car Wash), Medical Billing (Diagnostics/Credentialing), IT (Telecom/High Tech), Professional/Amateur Sports Event Marketing & Player Development, Office/Industrial/Multi-Family & Special-Use Real Estate, and Niche Industries including Racetrack, Gaming, Fitness, Landscaping and Security.

M&A Expertise

Sell Side & Buy Side Advisory, Mergers-Acquisitions-Recapitalizations, Deal Sourcing/Prospecting, Financial & Cultural Due Diligence, Valuation/Fairness Opinions, Industry/Market Research, Marketing, Offering Memorandum (CIM/CBR), Business Plan Development, Contract Negotiations, Transition/Integration and Custom Industry Networks.

Buy Side M&A Advisory

Our seasoned executive team has over 60 years of combined M&A expertise

Kreshmore Group is an industry-recognized, boutique restructuring and M&A advisory firm serving diverse niche industries of mid-market & emerging growth companies.


Kreshmore Group offers sell side M&A intermediary services in an environment of professionalism, decorum and timeliness that gives our clients the confidence and peace of mind expected throughout a structured business sale, divestiture or recapitalization process. We have the lower-market and mid-market market wisdom and candid guidance a seller should expect from a strategic and experienced business advisory partner. KG’s managing partners and directors have owned companies within the real estate, finance, restaurant, events management, health and wellness, medical services, manufacturing, IT, and foodservice warehousing & distribution spaces. Kreshmore Group’s executive team has in excess of four decades of direct experience in business ownership – from start to growth to exit.

Buying a Company

We help our clients drive a streamlined buy side M&A process to ensure that the engagement stays on track. We understand that factors such as strategy/marketing preparation, solicitation, buyer-seller dynamics, legal-financial-cultural due diligence, deal structure, valuation expectations, timing and transition, market conditions, etc. play a crucial role in a M&A deal.

Our customized approach solves a fundamental problem – while general business broker firms focus on simply getting a search done, we focus on making your search successful. Most M&A teams/advisors perform their tasks in isolation without a holistic view of what it takes to make a search successful. Our M&A advisors have a unique insight into M&A transactions – with direct experience across the deal lifecycle and a vital understanding of what it takes to make a M&A deal successful.

Our integrated approach & unique experience will ensure that we stay focused on making your search a successful one.

M&A Deal Strategy - Our Four Stage Approach

  • Planning & Preparation
  • Marketing Materials, ShareFile MGmt, Buyer Target List
  • Direct Outreach & Solicitation
  • Indication(s) of Interest
  • Qualifying Deal Transaction Structure
  • Management Meetings, Visits, Letter(s) of Intent
  • Exclusivity, Due Diligence, Contract Negotiation
  • Purchase Agreement, Transaction Closing Doc(s)

Industries and Experience

Industry Sectors 

Manufacturing, Professional Services, Value-Added Warehousing & Distribution (VAWD), Transportation & Logistics (T&L), Sports, Residential & Commercial Real Estate (R.E.), Financial Services and Construction/Contracting.

Industry Category Experience

Foodservice, Hospitality, Restaurants, Resorts, C-Store/QSR, Jan-San/Safety, Electronics, Automotive (Parts/Dealership/Car Wash), Medical Billing (Diagnostics/Credentialing), IT (Telecom/High Tech), Professional/Amateur Sports Event Marketing & Player Development, Office/Industrial/Multi-Family & Special-Use Real Estate, and Niche Industries including Racetrack, Gaming, Fitness, Landscaping and Security.

M&A Expertise

Sell Side & Buy Side Advisory, Mergers-Acquisitions-Recapitalizations, Deal Sourcing/Prospecting, Financial & Cultural Due Diligence, Valuation/Fairness Opinions, Industry/Market Research, Marketing, Offering Memorandum (CIM/CBR), Business Plan Development, Contract Negotiations, Transition/Integration and Custom Industry Networks.

Real Estate Capital Markets

KG Capital Markets is a real estate investment banking arm of Kreshmore Group with dedicated real estate professionals and deep capital resources.
Unlike many boutique lower and mid-market firms, KG consultants have 120 years of real estate capital markets and asset management experience. Our real estate capital team is comprised of industry veterans who have owned, managed, developed and have represented everything from REITS to real estate investment banks. Our team is equipped to handle transactions ranging from $500,000 to $50,000,000+. We have helped numerous clients procure capital in the form of debt, sub debt, bridge debt, preferred equity and equity/joint ventures. Kreshmore Group has a platform exclusive for small development shops or portfolio owners in need of institutional grade outsourced capital markets.
In situations where there is a poor operating history or checkered past, KG will act as an asset manager on behalf of lenders that it brings into transactions. The Kreshmore Group team also assists in the leasing, rent collections and leasing system implementation for its clients.
In addition to debt and equity funding KG offers asset management services. When property value is not fully realized, Kreshmore Group will act on behalf of the lender or owner of the property with to goal of creating a property revitalization plan that will include leasing, property improvements, lease management and property management upgrades.

Areas of Specialization in REal Estate

  • First Mortgage Refinancing
  • Construction Financing
  • Emergency Bridge Loans
  • Mezzanine Loans
  • Repositioning Capital
  • Joint-Venture Consulting
  • Equity
  • Asset Management
  • Asset types:
  • Land
  • Office
  • Industrial
  • Multifamily
  • Hospitality
  • Rehab Projects
  • Retail
  • Special-Use

Debt and Capital Procurement

Kreshmore Group has represented clients on virtually all parts of the capital stack. Our debt structuring process includes a full internal underwriting and analysis that focuses on creating the most optimal capital structure based on available collateral, cash flow, and client goals. When dilution is necessary Kreshmore Group will engage its sell side team to aid in soliciting an equity or jv-partner.

Kreshmore Group runs a professional and clean process for all debt and equity transactions. Our market knowledge enables us to target key capital groups and structure requests in a way that achieves results.

  • Senior bank debt: Kreshmore Group understands the banking process and constraints better than anyone. Our experts are former bankers who appreciate the intricacies of a commercial banks and can optimize leverage, minimize risk, and lower pricing.
  • Owner occupied real estate
  • Equipment debt
  • Working capital lines of credit
  • SBA (7A) and 504
  • Non-bank debt: Banks can be great partners but they’re not for all clients depending on where a company is in its life cycle. Kreshmore Group has a deep rolodex on private lenders to serve various needs for its clients.
  • Asset based lines of credit
  • Private lenders
  • Private / venture debt
  • Mezzanine / Subordinated debt: Lower-middle and middle-market companies are oftentimes privately owned and represent a substantial majority of their principal’s net worth. When Principals and Directors find themselves with a scalable business and potential growth opportunity they frequently lack to knowhow and resources to fully tap into the capital markets and access the optimal structure. KG has both which allows your business to access the capital you need to reach your growth objectives without dilution, thus giving you a bigger portion of a bigger pie.
  • Private funds
  • Municipal incentives (city / county / state)
  • New markets tax credits
  • Stretch capital:
  • High net worth structured financial products
  • Cash flow-based loans
  • Enterprise value leverage
  • Private equity sponsored capital: Let Kreshmore Group unlock the value that your platform is creating by leveraging our expertise and network.
  • Dividend recaps
  • Refinancings
  • Troubled debt
  • Bridge debt and bridge loans: Special situations oftentimes occur when a business needs to act fast for growth opportunities or to fix a problem. Kreshmore Group has both institutional and proprietary sources that can move swiftly and nimbly through a closing. KG has quoted, committed, and closed tens of deals in the last several years through creative structures that have saved or made clients substantial money. KG is widely known to take a very pragmatic approach on bridge and interim loans which is an area many groups misuse.
  • Equity injection and dilutive capital procurement
  • When it is time to find a partner, you need to put your best foot forward. KG can help explain to you the process of an equity raise, build your confidential information memorandum, boost the multiple of your company, and ultimately bring in the best equity partner to help take your company to the next level.
  • Divestitures
  • KG’s M&A team can help unlock value within non-critical lines of your business to reinvest in core competencies or new ventures. The complex analysis and process involved in divestitures is far outside the scope of a typical middle-market CFO or CEO and our resources and bench are suited tailored to step-in and produce results.
  • Consolidations
  • KG helps clients assess and execute potential roll-up opportunities from both an analytical and financial standpoint in addition to in the capacity of an interim c-suite officer.
  • Transaction Advisory Services Kreshmore Group’s team of M&A experts help private equity groups, private companies undergoing rapid expansion, and high net worth individuals thoroughly vet deals, structure transactions, and create value to their organizations.
  • Quality of earnings assessments
  • Due-diligence reports
  • Buy side due-diligence Sell
  • Sell side due-diligence
  • Sell side preparation
  • Personnel and HR due-diligence
  • Key contract review
  • Capital raising assistance

Business Valuation

Are You Confident in the Value of Your Business?

Your company depends on you to propel it into the future, and you depend on it. Whether that involves transitioning it to new ownership, securing capital funding for its growth, or reaching a new partnership agreement – your hard work requires and deserves a qualified, independent business valuation you can bank on.

Buying or Selling a Business? You Need a Valuation

With a business valuation, you can move forward with important transactions and enter into negotiations with ensured reliability, reduced financial risk, and unparalleled confidence. We will help position your business for the most favorable outcome in the following areas:

  • Mergers and Acquisitions 
  • Sales and Divestitures
  • Buy/Sell Agreements
  • Share Redemptions 
  • Business Planning
  • Retirement/Succession Planning
  • Employee Benefit Plans

What is a Business Valuation?

Business valuations are commonly referred to as business appraisals that are performed by certified valuators who adhere to published valuation standards set forth by well-known, accredited organizations. A business valuation report issued by a firm with certified valuators holds credibility. Our valuation experts are certified by the National Association of Certified Valuators and Analysts (NACVA) – the most recognized and esteemed organization in the valuation industry. 

When Do You Need A Business Valuation?

Whether you are a business owner contemplating the sale of your business, raising bank capital or investor equity, pursuing a legal claim, preparing your succession or planning any array of accounting and IRS-related reporting events – you will want to obtain a valuation report that is credible and protects you against others from discrediting the valuation.

If you are facing any of these life events or at risk of possible IRS-related penalties, then we highly recommend the insight provided by a business valuation report. 

Your business valuation report will:

  • Inform the list price and provide the fair market value of your business if you’re selling
  • Deliver the credible and reliable value of your business if buying out a shareholder
  • Provide the value of your shares, as reported to the IRS, if gifting to a family or friend
  • Add valuable credibility during negotiations or legal proceedings

 

In some instances, you may choose to provide the valuation report to your counterparty to further strengthen the reliability of the valuation and remove barriers. In other cases, you may be required to disclose the valuation report as required by the IRS when gifting shares or purchasing a business. 

Certified or Informational/BoV. Which Report is Right for You?

Business valuation reports can be prepared for many different purposes. That’s why we offer two types of business valuation reports: Informational/BoV and Certified. Below is a summary of what these two reports entail, how they differ, and when you might benefit most from each.

Informational/Broker Opinion of Value

Non-Certified Reports (also referred to as Broker Opinion of Value or Informational Reports) are less time-intensive to produce and more affordable. Typically 30-40 pages, these reports provide valuable insight to establish a market price, support exit planning or inform internal business planning decisions. The Non-Certified report is best suited for individuals who don’t need a certified valuation and are comfortable with more limited procedures and reporting. All reports are prepared by financial analysts of our valuation team.

Certified Report

Certified Valuation Reports are prepared by a certified business appraiser. Typically 65-100 pages, these reports include in-depth written analysis of the nature & history of company, industry & economy, financial analysis and conclusion of value. This type of report is best when you expect a lot of scrutiny over the value or when there is a high level of interest in detailed support and explanation of the valuation.

Which Valuation Report is Right for You?

Business valuation reports can be prepared for many different purposes. That’s why we offer two types of business valuation reports: Informational Valuations and Certified Valuations. Below is a summary of what these two reports entail, how they differ, and when you might benefit most from each.

  • Informational / Broker’s Opinion of Value:

    Informational / Broker’s Opinion of Value Reports are less time-intensive to produce and more affordable. Typically 30-40 pages, these reports provide valuable insight to establish a market price, support exit planning or inform internal business planning decisions. This report is best suited for individuals who don’t need a certified valuation and are comfortable with more limited procedures and reporting. All reports are prepared by financial analysts of our valuation team.

  • Includes valuation ranges based on asset, income, and market approaches; benchmarking to industry peers, market multiples based on comparable data
  • Uses: price opinions, educate sellers on range of a value a buyer would be willing to pay, future exit planning
  • Turnaround: 2-5 business days

 

  • Certified Business Valuation

    Certified Reports are prepared by a certified business appraiser. Typically 65+ pages, these reports include in-depth written analysis of the nature & history of a company, industry & economy, financial analysis and conclusion of value. This type of report is best when you expect a lot of scrutiny over the value or when there is a high level of interest in detailed support and explanation of the valuation.

  • Includes executive summary and more in-depth written analysis of nature & history of company, industry & economy, financial analysis and conclusion of value
  • Uses: substantiating information presented to third parties (e.g., acquisitions, divestitures, IRS submissions, partner disputes and bank loan reports)
  • Turnaround: 4 weeks or less.