Intellekt Group Case Study
“Mike, thanks again for everything throughout this endeavor! No way in heck that I could have done what we’ve done and increased the overall value without you.”
~ Troy Glenn
70 days from hire, 45 days from entering LOI, this sale of a Texas based Government Services company closed. The company was primarily involved in intelligence, IT and education in various service sectors of the state and federal government. Engaged initially to negotiate with a prospect who had already approached our client, we initiated an accelerated process to invite several other prospects to the table with competitive bids.
We used these bids to negotiate with the original prospective buyer, raising the purchase price by over 25% and adding some advantageous deal terms, including getting the deal finalized before year end. We entered LOI November 15, contracts were signed on December 30th and the funds were sent out via wire transfers on the 31st.
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