Sunbelt Business Advisors Sells Niche Technology Services Business
Sunbelt Business Advisors
July 9, 2013
St. Paul, MN (PRWEB) July 09, 2013
Rich Kelm represented the seller in the recent transaction. Kelm, one of Sunbelt’s most experienced business brokers, negotiated the multi million-dollar deal that included a down payment and bank financing.
System Support Solutions specializes in free space optics, wireless data connectivity that is transferred through the air instead of fiber optics in the ground. They work with all types of businesses to provide service for voice, video, data, computer networking and telecommunications.
Kelm said, “This business is well known in the specific market niche they serve. It is a growing business with high profit margins that made the opportunity very attractive for acquisition. Sunbelt Business Advisors responded to nearly 65 buyer inquiries and presented seven offers, ultimately selling for over 15% of the original asking price.”
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