Case Study:

Sharon Stairs - Exclusive Sale

Situation

• Matrix was retained by Alliance Holdings, Inc. to sell the Company in a process that would maximize purchase price.
• After owning the company for over 9 years, the private equity group was ready to exit its investment in order to pursue several additional platform companies while simultaneously realizing a significant return on its capital.
• Since investing in the Company, the CEO had consolidated the Company’s manufacturing facilities and successfully implemented several growth initiatives, increasing revenues by 220% in the four years leading up to its sale.

Solution

• Matrix identified and contacted private equity groups and strategic buyers and received an abundance of IOIs before inviting groups to management presentations.
• Matrix successfully identified and negotiated a deal with a strategic buyer that aligned management’s interests going forward, closed within 45 days of signing a letter of intent, and exceeded the client’s value expectation by over 40% despite current industry concerns.
• 100% cash at closing.