AAA Striping is a +60 year-old road construction contractor, the largest striping service company in Minnesota and western Wisconsin. The company has 40 full-time employees. The company specializes in road safety and is a leader using traditional paint/bead applications as well as modern chemistries with retroflective, epoxy and thermoplastic technologies. The company was acquired by Road Safety Services, one of the nation’s largest industry competitors, backed by private equity.
“Looking back on the transaction I’m totally happy…everything worked out to 100% total satisfaction on behalf of my partner and myself.”
Health Dimensions Group is a +20-year old senior health care consulting and management company with over 100 staff that oversees over 2,000 employees throughout its 30 facilities across the USA. Headquartered in Minneapolis, HDG specializes in post-acute senior care consulting and day-to-day management of skilled nursing, assisted living and independent living facilities.
“Dan gave us really good perspective on what you need to do to sell a company versus what you need to do to run a company.”
The QC Group is a Minneapolis-based metrology (measurement) firm that services aerospace, medical, defense and transportation manufacturers of precision parts and components. Services include dimensional inspection, first article inspection and reverse engineering. The company was sold to Atlanta-based private equity firm Industrial Inspection & Analysis.
“Dan Mulvaney was really instrumental in communicating what was unique about The QC Group. That had to be communicated to the buyers, and Dan Mulvaney was very articulate about letting them know where the value was.“
G4 Construction Management is a +40-year old Minneapolis-based commercial construction company that has built nearly 250 buildings throughout the Midwest for its restaurant and hospitality customers including Taco Bell, Caribou Coffee and Buffalo Wild Wings.
“The service that Dan provided was top notch. He met my expectations every step of the way and I’d gladly recommend Dan to anyone else in my shoes.”
Stewart’s Forest Products is a St. Paul-based manufacturer with 45 employees and an outstate production facility in Fort Ripley, Minnesota. The company has specialized in custom wood packaging for commercial and military customers since 1971.
“I was really happy with the ultimate result.”
O’Keefe is a Wisconsin-based architectural millwork manufacturing business with 60 employees that supplies general contractors with casework, cabinets and other specialized wood products in the commercial, multi-family, senior living, retail and health care industries. The company was sold to a private equity firm with multiple investments in the millwork industry.
“Dan’s communication with myself and my team was incredible.”
Health Dimensions Group is a +20-year old senior health care consulting and management company with over 100 staff that oversees over 2,000 employees throughout its 30 facilities across the USA. Headquartered in Minneapolis, HDG specializes in post-acute senior care consulting and day-to-day management of skilled nursing, assisted living and independent living facilities.
“We knew we needed a strategic buyer…we thought they [Sunbelt] were uniquely qualified to help us find that strategic buyer.”
AAA Labor is a Minneapolis-based industrial staffing agency begun in 1956 that services a variety of customers in the health care, hospitality, manufacturing and entertainment industries. The company wrote 1,500 W-2s in its recent past.
“Dan definitely had my best interests in mind when selling the company.”
Dero is a Minneapolis-based designer and manufacturer of commercial bicycle racking systems. As bicycling grows in the USA, both for transportation and recreational purposes, urban infrastructure demands bike parking systems. Customers include government, corporate customers like Google and high-rise residential developers. The company was sold to strategic buyer Playcore of Chattanooga.
“The moment we got the most value out of Dan and Sunbelt is when the Letters of Intent started rolling in. Dan was able to look at that offer and evaluate it with a very critical eye.”
Western Roofing Supply was a family-owned, Minneapolis-based distributor of commercial roofing supplies that began operations in 1923. The sale transaction included both the business and related real estate. The business was sold to Wisconsin-based ABC Supply Company, the country’s largest roofing supply company with over 600 locations.
“It was a tough decision for us; there were a lot of years involved in this. I was very fortunate to have Sunbelt take us through this process. It really eased a lot of my concerns. They were with me through every step of the process.”
Theco is a Twin Cities-based distributor of Terex’s premium Powerscreen line of crushing, screening and conveying systems. The company services aggregate producers and users, as well as other customers such as recyclers, primarily focused in the road building, construction and demolition industries in Minnesota, Iowa and the Dakotas.
“If it wasn’t for Dan and Sunbelt, I don’t think there would have been a deal or we would have ever made it to the closing table.”
K&M is a Renville, MN, manufacturer and distributor of agriculture equipment. The second-generation family business manufactures and distributes tractor seating and other agriculture-related equipment. The company’s products are used as high-quality replacement parts in John Deere, Case IH, Agco, Bobcat, Ford, Kubota and Allis Chalmers tractors and related equipment. The company was purchased by Great Northern Equipment, an affiliate of Northern Tool & Equipment.
“I would refer Dan and I actually have referred Dan to a couple of other business owners.”
Aero-Colours is a Minneapolis-based franchisor of automotive paint repair services whose customers consist primarily of used automobile departments of automotive dealerships and used car businesses. The company’s proven process generates significant value for its customers as it transforms the appearance of a car from old to new. The company was sold to strategic buyer Meineke of North Carolina.
“Dan knows the Sellers’ and Buyers’ market very well, and I would definitely recommend him”.
ESI is a St. Paul-based designer and manufacturer of energy-efficient lighting solutions for its commercial customers. The company has created a strong niche in cost-effective lighting solutions that provide substantial savings and payback for its customers that own warehouses, big box retail, large office buildings and government facilities. The company was purchased by Prospect Partners, a Chicago-based private equity firm.
“I would absolutely refer Dan to anyone interested in selling their company.”
Premier Services was a St. Paul-based commercial landscaping business. The company’s customers included local businesses, highway contractors, golf courses, commercial developers and government. The company was purchased by a strategic industry buyer.
“I trusted Dan’s judgment.”
Manomin is a St. Paul-based manufacturer of reclaimed wood products used primarily in flooring for its commercial and residential customers. The company developed a niche in offering high-quality, unique and natural flooring that is both beautiful and durable. The business was purchased by a high net worth individual.
“I would definitely refer Dan and have referred Dan on several occasions. He was able to stick with us and get the job done.”
MarketLine Research is a Minneapolis-based market research firm that collects and interprets research information for its private industry, government and non-profit clients. The company also acts as a subject matter expert to marketing and advertising firms. The company was sold to publicly-traded Canadian strategic buyer In-Touch Survey Systems Ltd.
“I was so impressed with how he [Dan] handled our sale that I’ve already recommended him to two other business owners that I know.”
ESI is a St. Paul-based designer and manufacturer of energy-efficient lighting solutions for its commercial customers. The company has created a strong niche in cost-effective lighting solutions that provide substantial savings and payback for its customers that own warehouses, big box retail, large office buildings and government facilities. The company was purchased by Prospect Partners, a Chicago-based private equity firm.
”It’s hard to find somebody who has the ability to market the business, but more importantly, has the ability to read and understand the numbers and put a value on it. Dan is incredible with the numbers side of it, and as a result of that, he was invaluable.”
MicroPure Filtration is a Minneapolis-based distributor of highly-engineered filtration systems sold primarily to the food and beverage industries. Customers include Coca-Cola, Pepsi, MillerCoors, Anheuser Busch and Heinz. The company was purchased by WFS Filter Company, a strategic buyer based in Cleveland, Ohio.
“It would be easy for me to refer Dan to any other seller of a business. Dan was exceptionally good and had a lot of experience.”