Doug Nix's blog

Our process for finding a buyer for your business--finding a strategic buyer for whom the purchase makes sense.

November 23, 2011 Oakville, ON

In February 2011, the shareholders of Turn Key Staffing Solutions retained CFA to explore strategic alternatives for the Company. This review resulted in the decision to seek out a high quality strategic acquirer for the business. After an extensive search, The Bagg Group was selected.

Some transactions just take time ....... in late 2009, we introduced our client TechAlloy Welding Products of Perth, Ontario to NASDQ listed Lincoln Electric of Cleveland, Ohio. Lincoln's management group agreed with us that the strategic fit was outstanding, however, after extensive discussions,

Last week (on April 4, 2011) we completed the sale of Guelph, Ontario based Poly-Nova Technologies, Inc. to Starlim/Sterner GmbH of Marchtrenk, Austria.

Fraser Direct buys London logistics firm

GEORGETOWN, Ont. -- BTC Logistics has been purchased by Fraser Direct. Both firms analyze companies' supply chain operations for design and implementation of cost and service improvements.

Many business owners who were considering the sale of their business in 2008 – 2009 have contacted us to ask if now is a good time to reconsider selling. A common theme coming through from these business owners is – “it was a tuff road we just walked down – mentally, physically, emotionally and financially - and I don’t want to do it again”.

I was recently asked by a business owner if this was the right time to sell. We are all aware of the economic turmoil in the market today and at face value, it seems that this is a key question CEO's should be asking. My answer might surprise you.

Raising money in difficult markets is a current problem. We’ve read in the press about how banks are tightening credit facilities, and there is a cautiousness in the capital markets. A number of companies are now facing the challenge of how to grow their businesses or raise money in the face of this uncertain market.

An Alternative Approach to Raising Capital

With credit difficulties causing a shake out in a number of the big investment banks, like Merrill Lynch, we’re going to see new investment banking firms set up. These new firms are going to be aggressively targeting people to use their services. How do you choose who to use?

On Thursday November 8, 2007 we closed on the sale of Guelph, Ontario based Arrow Hose and Tubing Inc.
world class manufacturers of innovative thermoplastic hose and tubing products to Eaton Corporation of Cleveland Ohio..

CFA represented the sellers in the transaction. Doug Nix was the lead advisor in the transaction.