Our success in selling your company will result from our three decades of proven proprietary methods and our integrity in deal making. Scroll through our sellers' testimonial letters to see how PGI is able to achieve maximum value for our clients.
INLAND VENDING CORPORPTION
January 25, 2000
Dear Rick:
I would like to take the opportunity to express my appreciation to you on the masterful job you did with the sale of my company, Inland Vending Corp. After attempting to sell my company through a nationally recognized vending company broker, and languishing there for several months, I was quite discouraged with the prospects that lay before me. Although initially gun-shy to go through another broker, I knew from our first telephone conversation that you would do all that could be done to get my business sold. I was especially impressed with your professionalism, patience and creative networking that eventually brought a qualified buyer to the table.
After learning about you from a friend, I have already recommended you to other businessmen I know. In addition, I look forward to working with you in the future as I consider acquiring another business.
Sincerely,
Mike E. Graves
Pinemeadow Group LLC
May 23, 2001
THE PIPER GROUP, LLC
Just a quick note to thank you for your very professional and on task assistance in the recent capital transaction you brought to us. We receive solicitations all the time to "sell our business" and those have all gone directly into the trash; however, you approached us in a manner that induced us to look at your client and opportunity differently.
Rather than immediately dismiss your letter of introduction, the "special sauce" you put in your letter drew us first to call you and say, 'Is this for real?" and then to proceed to the first steps of introduction and then down the road to a very mutually satisfying transaction several months later. Without your "special sauce" as you call it, I will guarantee you that your initial solicitation would have gone directly into the trash as well.
Our new partner is on board, happy, and a great addition to our team. Thank you again for introducing us all and getting it done.
Sincerely, PINEMEADOW GROUP
J. Bryan O'Doherty, CPA
Chief Financial & Operating Officer
Tasty Bake, Inc.
June 11, 2001
To Whom it May Concern:
It is my pleasure to add my name and company's name to a long list of successful transactions for Mr. Rick Piper and the Piper Group.
After an unsatisfactory three-year relationship with Geneva Company, which was very expensive for our corporation, and resulted in only one offer, our shareholders sought the services of a more successful merger and acquisition firm from the Portland area.
In order to find the best M&A firm for our needs, four firms were interviewed. After Rick took us through an abbreviated review of his business valuation seminar, showed us the kind of offering document he creates, and explained his sales and marketing methods, our board was unanimous in our belief that we had found the man who could maximize the sales price and get the company sold.
Although there were several setbacks during our relationship, both with potential buyers and within our company, Rick never gave up or became discouraged, but only more determined. Throughout the time our company worked with him, he was always upbeat, knowledgeable, creative, and willing to put in the time and tremendous effort needed to get the job done. He brought five offers to the table, with the last buyer being a perfect fit for everyone's needs. Rick was diligent in his efforts to keep all the principals, attorneys and CPAs current by phone at least weekly, sometimes daily. Throughout the negotiations, he displayed a talent for mediating stubborn issues so that all parties could feel informed, in control, and remain cordial.
If you ever need a personal or business recommendation for your outstanding merger and acquisition firm, give me a call, and I would be pleased to give such a reference.
Sincerely,
Roger . Brown
Former President and Chairman
Cascade Mold & Die
June 19, 2001
Dear Rick:
I would like to take this opportunity to thank you for a job well done.
When I decided to sell my business, I really had no idea as to the amount of time and information that was required. In that aspect your assistance and advice was invaluable.
During the negotiations there were times when I felt there would be no way to overcome some of the obstacles, however, with your professionalism and positive attitude you always came up with new ideas.
Rick, I truly appreciate all the time you gave in the sale of my business and I would not hesitate to recommend you to potential clients.
Sincerely,
Victor Wiessner
1-HOUR EYEAR Optical, Inc.
February 8, 2002
I became aware of The Piper Group when they approached my optical business in Tennessee about acquiring another optical chain they were marketing in Texas. While I was not interested in buying the Texas optical operation, I was impressed with their offering document and the way they were marketing this company. When I decided to sell part of my optical chain, I called Mr. Piper about engaging The Piper Group to represent me in a divestiture of this division of my business.
The effort to gather all of the material needed to create the offering book and to separate the financial records from the rest of the operation that would be retained was not easy. We were reminded, however, of the favorable impression Mr. Piper's presentation had made on us, and I knew that I wanted anyone looking at my company to see a comparable presentation and marketing strategy so that they could have that same kind of impression.
Our transaction lasted for several years. My business was not easy to sell because our advertising had become so established and our brand had become so institutionalized in this market that whoever bought my stores would have to continue being part of our organization regarding the advertising in order to sustain their place in the market. Although it would be a separate entity, it would continue as if it were a franchise operation. Several buyers and various offers presented themselves, but we actually closed the sale with one of the backup buyers. Over the course of these years, Mr. Piper persevered in maintaining all updates of financial data, inquiries, and correspondence, and kept the process moving.
Mr. Piper's involvement in the closing was as important as his marketing and sales efforts. The process of the buyer's due diligence was taxing, and Mr. Piper assisted my administrative staff in working with the requirements of the buyer's CPA and helping him to better understand the actual data as it related to the recast data in the offering book. When legal issues arose in the documentation, he assisted in mediating these problems. Working between the buyer, Mr. Piper and myself, the issues were resolved, solutions reached and documents modified by the attorneys so that the process could be finished quickly and efficiently. Mr. Piper also assisted in resolving conditions and requirements of the lender between the bank and my legal counsel.
Mr. Piper's attention to detail, his diligence and commitment, and his skills as a marketing strategist assure the seller that from the original presentation to the final transaction all will be handled professionally and confidently.
Sincerely,
Edward E. Crittenden
