I recently sold my business and The NYBB Group’s assistance with the sale was invaluable. After spending 28 years as the second generation owner of a 38 year old family business, the decision to sell was a difficult one and I needed a brokerage that was sensitive to the complicated issues of selling a family business. I found that in NYBB.
Prior to going to market, Kyle, Anthony, and Karen took the time to get to know me. They understood my motivation for selling the business and the desired outcomes. I believe this helped them balance the transactional and emotional aspects of the sale and offer the appropriate support. They were also able to set realistic expectations in valuation and timing, put together a comprehensive promotional profile, and worked with me to decide the right time to bring the business to market.
Once listed, NYBB offered guidance on which offers to seriously consider. As parties showed their interest, Kyle would field the offers, passing along those that fit my parameters. He made sure to convey to prospective purchasers the importance of continuity for my employees and clients, many of which I have worked with for over 20 years. Once an offer was accepted, NYBB was an integral part of the process and skillfully assisted in negotiations. They kept both sides on track and knew when to help to smooth out issues and more importantly when to stay silent.
Kyle, Anthony and Karen were available at a moment’s notice throughout the entire process. It was comforting to know that I always had someone to answer all of the questions and handle the myriad of issues that arose throughout the process. I believe that their responsiveness helped bring the deal to fruition.
I am grateful for their dedication, efficiency, and professionalism and I would strongly recommend The NYBB Group to anyone entering into the M&A process.