BCC Advisers

Testimonials

 


 

  We've been doing this for a long time, so naturally, people will talk...  

 


 

 

 

“We were extremely pleased with the support and advice provided by BCC in identifying and executing this acquisition. Their knowledge and expertise were critical in making this deal a success.”

Heather Braimbridge-Cox, CEO, Windings

“BCC has a deep understanding of the sell-side process, anticipated key points of negotiation, and positioned us to maximize success. They were instrumental in finding a partner that shares our commitment to excellence in customer service and valuing employees.”

Carol Winkler-Schade, CEO, Hockenberg Newburgh

“BCC’s long history of supporting ESOP-owned companies gave us confidence they understood our needs throughout the entire acquisition process. Not only have they helped many other ESOPs in making acquisitions, but equally important they have the knowledge to educate potential acquisition targets on the process of selling to an ESOP and the benefits it presents to owners and their employees. This really opened doors for us.”

T Michael Price, CEO, Commonwealth Electric Company of the Midwest

“BCC was crucial in maintaining the confidentiality of the sale process, while simultaneously guiding us from start to finish and developing solutions to key issues along the way.”

Ron Cheney, Owner, American Prosthetics & Orthotics

“BCC’s candid and professional guidance was key to our decision-making process. We wanted to be very intentional with the sale to ensure we met all stakeholder objectives, and BCC was fantastic in leading us to determine if the timing was appropriate for us to pursue a sale.”

Bob Hamilton, President, Hamilton Redi-Mix

“BCC Advisers’ experience with the M&A process, and more specifically with ESOP-owned companies, was instrumental in securing an attractive transaction for all involved.”

Joe Van Tol, President, Valley Machining Company

“BCC’s experience and calm demeanor demonstrated throughout negotiations and due diligence during our sale to OrthoPediatrics Corp. was invaluable. There is no way I would have wanted to go through this experience without BCC’s team in our corner. I am skeptical we would have closed this transaction without them.”

Luke Mitchell, General Manager & Executive V.P., MD Orthopaedics

“We’re very excited for the East River team to join us. They bring a wide range of experience in wireless construction services and have developed a reputation for quality and safety in a geographic market in which we were actively looking to grow. BCC was instrumental in identifying the potential seller, making initial contact with the target, and provided comfort to the East River owners that Murphy Tower Service would be an attractive fit for their owners and employees.”

Pat Murphy, CEO, Murphy Tower Service

“From evaluating whether now was the right time to consider selling, to negotiating the terms of the transaction with Deveron, to guiding us through the due diligence process and across the finish line, we fully depended on BCC to advise and represent us during this important stage for our company.”

Nick Steffens, Owner, Agronomics Solutions

“Having worked with BCC Advisers over the last 15 years, we know we can count on them to help us with our growth objectives. This will be the sixth closed transaction on which we have engaged BCC, and we are already looking forward to the next one.”

Mike Hale, Vice President, Quick Supply Co.

“We hired Greg Weber to advise us on the sale of Baker Group to an Employee Stock Ownership Plan.  Greg is extremely knowledgeable about the ESOP transaction process and was a great addition to our advisor team.   His valuation experience helped us negotiate the sale with our trustee, and he provided many alternatives as we navigated the sale process.  He continues to advise us on valuation and deal structure as we contemplate future M&A opportunities.  We strongly recommend Greg Weber and BCC Advisers.”

BJ Baker, Chairman & CEO, Baker Group

"When my co-owners and I decided to consider a transition of our company to become a 100% ESOP owned company, we had many questions. BCC helped us understand the process and what a transition would mean for the company, the ownership group, and the future employee owners. Their assistance gave us confidence as we moved through the process and we are grateful for their assistance. We would whole-heartedly recommend BCC to anyone considering an ESOP."

Adam Petersen, CEO, PDM Precast

“Des Moines Flying Service has an incredible reputation in the industry, but we knew we couldn’t confidentially approach buyers ourselves. We turned to BCC Advisers to help us find the best possible partner to continue the company’s legacy for years to come.”

John Lowe, Chairman, Des Moines Flying Service

“Our criteria for a qualified buyer included extensive knowledge of the industry, the financial strength to inventory aircraft, a strong focus on customer service, and the reputation to give comfort to the manufacturers we represent. Our confidence in BCC to find the right partner for us paid off. The team at Muncie Aviation Company possesses the same qualities that make DMFS such a highly regarded organization.”

Don Jay, President, Des Moines Flying Service

“Having BCC serve as a conduit between us and prospective buyers for Maintainer Custom Bodies allowed us to continue running our company without distraction. BCC ensured we spoke only with the most qualified parties. We feel the sale to Ward Apparatus will benefit both of our organizations alike.”

Shelley Morris, President, Maintainer Corporation of Iowa

“Selling the company in the face of rising tariffs and uncertain trade negotiations globally, which significantly affect our sourcing decisions and pricing, was no easy task. BCC took a hands-on approach to understanding the effects these uncertainties could have on our business in order to properly address them upfront with potential buyers. In addition, BCC’s collaboration with the ownership group’s tax and legal advisors led to a smooth sales process from beginning to end.”

John Bruntz, CEO, The Boulder Company

“We wanted to find a partner that understood our business, shared the same vision for growth, and would keep the employee base and client relationships intact. BCC took all of these factors into account as they identified and vetted potential buyers.”

Troy Hayes, President, Midland GIS Solutions

“Our situation was perhaps a bit unique in that we didn’t want to sell to a third party buyer without giving our management team a fair chance to acquire the business. On the other hand, we also wanted to ensure our management team was the best buyer by throwing other options in the ring. BCC’s approach and guidance enabled us to do that, and we are confident City Supply landed in the best hands.”

Jeff Halsey, President, City Supply Corp.

“I was reading your latest Baton article “Unsolicited Offers” and immediately remembered the call from someone telling me they wanted to buy DCi. As you know, it turned out to be one of those “too good to be true” deals. I hope your story saves someone from going through the nightmare we did. I’m so glad we got together with you for our second go at it. Thanks again to BCC Advisers for a fantastic job selling DCi!”

Nile Cornelison, Former owner, Direct Communications, Inc. (DCi)

“The employees and customers of Baker Electric have made the company what it is today. The top priority in any transaction was to find a partner that could ensure a seamless transition for our team and valued customers with the ability to continue to invest in future growth opportunities. I truly believe BCC and the rest of our deal team have been successful accomplishing this objective.”

Britt Baker, CEO, Baker Electric

“BCC was able to present us with a wide range of buyers, which enabled us to selectively focus on the one we felt would provide the best fit and the most upside potential for our employees and our customers.”

Kelly Milligan, Founder, KELTEK, Inc.

“The collaboration between DealHaus and BCC Advisers in identifying, contacting and negotiating with Entrust Global Group was seamless. It felt like we were working with one firm with global offices, rather than with two separate firms.”

Michael Stehr Lilhav, Owner, Arcane Tinmen ApS

“We knew having BCC lead us through a competitive sale process would be instrumental to ensuring we received the best price, terms, and fit for our business. But we also ended up relying on BCC’s expertise to manage the complexities of navigating a sale to Sterling, a firm that was not on our radar but was acquiring the company we very much thought would be the best fit as a buyer.”

John Willmore, Co-owner, Stetson Building Products, Inc.

"BCC's assistance was critical in transitioning our ownership to the next generation. You took the time to listen carefully to make sure you understood our goals, explored options, and suggested creative solutions that fully met our needs. We have had a very successful outcome! I would strongly suggest that anyone considering ownership succession should talk with BCC. Thank you for what you have done for Infomax and the Jacobs family!"

Stephen W. Jacobs, Chairman, Infomax Office Systems

“This transaction would not have been possible without the assistance of BCC’s team.  They had a strong understanding of the complexities involved with the partial ESOP ownership and effectively handled communication and negotiations between all parties involved.  We are pleased with the outcome and believe LongWater and Standard Merchandising are ideal partners to continue Fox River’s legacy as a Midwest-based manufacturer of high quality socks.”

John Lessard, CEO and Co-owner, Fox River Mills, Inc.

“When my wife and I decided to transition our business, we reached out to BCC for guidance and counsel.  While I was familiar with their firm and their strong reputation I must say, they exceeded my expectations. They helped me understand how an ESOP structure works and what implications the transaction would have for my business, my employees and for my wife and I as owners of the business. The new employee owners at Palmer Group and I are extremely grateful for the high-quality service provided by BCC.”

Austin Palmer, President, Palmer Group

“We engaged BCC to consult with us on refining that criteria so we would more effectively target those companies that better fit our size, geography, customer focus, product type, management team, and culture objectives. BCC then identified and contacted prospective acquisition targets on our behalf, ultimately finding us a unique opportunity to acquire a business that had a similar story to ours, but with enough key differences to make the mutual fit attractive to both parties.”

Darin Massner, CEO, Country Maid

“The further we dug into Dutch Country’s business, the more we realized it had a very similar story to our own. It was a really good fit for both sides, and we will certainly do our best to be good stewards for both businesses going forward. Though there were definitely times when a successful transaction seemed uncertain, BCC’s experience, patience, and expert guidance throughout enabled us to navigate the challenges, complete the transaction, and begin the next chapter in our story.”

Jim Schonert, COO, Country Maid

"We are extremely pleased with the work done by BCC Advisers. We have always appreciated the quality of your analysis, your professional and personable employees, your interest in truly understanding our business, your timeliness, and your commitment to helping us understand the appraisal. BCC is a trusted advisor to our ESOP and we would strongly recommend BCC to any potential client."

Rick Pearson, CFO, Absolute Group

“BCC’s thorough understanding of our firm, the services we provide and the objectives of the owners was key to the success of the sale process and ultimately in negotiating the agreement to sell to Engineering Systems, Inc.”

Dan Kruger, Owner, Demonstratives, Inc.

"BCC was instrumental in helping us find an ideal financial partner to fund several growth initiatives of our rapidly growing business. Not only was the partner chosen an excellent strategic fit, the vetting process BCC employed allowed management to focus on day-to-day business operations during the entire process and ultimately helped our team negotiate a transaction that maximized value for all stakeholders."

Dave Arringdale, CEO, Intoxalock

“When we started the strategic planning process, there was significant uncertainty as to the direction we should go. Leveraging BCC’s expertise throughout the process, I felt we had the guidance and support to make informed tactical decisions for our members. The sale to POET at this price, terms, and timing would not have been possible without BCC.”

Lynn Phillips, Chairman, Tall Corn Ethanol, LLC

“BCC has provided the annual appraisal for our ESOP for many years. They are always available to discuss questions and provide insights into the appraisal and the potential impact on ESOP stock value of possible actions. We strongly recommend BCC.”

Don Heidemann, Chief Financial Officer, Stellar Industries, Inc.

"We routinely utilize BCC for acquisition projects. This allows me to concentrate on my business.  I know that BCC will evaluate various methods to accomplish a deal and will outline the potential benefits and drawbacks to me before concluding the transaction on a timely basis."

Mark Clark, President, Electronic Engineering Co.

“We asked BCC to find a buyer for the SMART-TILL division who not only valued the business we built, but who would also take care of our customers going forward and make an investment to realize the full potential of this technology and the brand. They were able to negotiate a successful transaction on all those fronts, and we fully believe SMART-TILL is in good hands under the new ownership of T.G. Schmeiser.”

Don Bickel, Executive Vice President, HCC, Inc.

"With a thorough understanding of our long-term objectives, BCC Advisers was able to assist us with a strategic acquisition, locating a company that was an ideal fit. This partnership has made us a stronger company for our customers and employees by adding additional capacity to our operation."

Jon Troen, President, Rock Communications and Colorfx

“This is an extremely exciting new venture not only for us, but for the whole industry.  The ability to work through the many obstacles presented to us in accomplishing this acquisition is a testament to BCC’s innovative leadership and the guidance of my advisory team as a whole.”

Gary Chamness, Owner, Chamness Technology, Inc.

"BCC's experience in navigating the treacherous waters of an auction process, keeping the necessary activity on track and maintaining the focus on the essential elements in completing a successful deal was a tremendous help."

John Hale, President, Quick Supply Co.

"Many of our distributor clients were shocked, not by the sale, but by the fact that they didn't hear about it until I called the day after we closed. They also couldn't believe we got a deal of this quality done in today's market. BCC did an excellent job of maintaining confidentiality throughout the course, while at the same time combing the market and securing a favorable offer."

Ed Parsons, Owner, Shaver Manufacturing Co.

"With such a large number of stakeholders, we knew it was vital to go out to the entire market so that all could be confident we were getting the most attractive offer available. Working with BCC enabled us to accomplish this."

Sam Cogdill, Chairman, Amaizing Energy, LLC

"We saw an attractive acquisition opportunity and knew BCC would be a key member of a successful team that could make it happen. With their experience in managing the complexities of a business transfer, along with our desire (and that of our prospective acquisition) for the joint benefits this transaction would provide, terms were negotiated for a successful closing on all accounts."

Jan Miller Straub, President & CEO, The Straub Corporation

“Thank you for all of your efforts on this valuation project. I had some tight deadlines and you guys did a fantastic job pulling everything together."

Eric McDonald, DocuTAP

"One of the keys to our successful acquisition was the experience BCC brought early on to help our group crystallize its objectives and criteria for an acquisition target. The expertise that Steve Jacobs and the BCC team provided throughout this entire process, from establishing objectives to final negotiations, was extremely valuable."

Don Dunn, President, Universal Manufacturing Company

"It was critical to maintain confidentiality throughout the sale process, as well as going forward. Without the professional assistance of BCC Advisers, I don't know that we could have accomplished this while also running the business."

Barbara Paradise, Owner, Valley Anesthesia

"Simply put, we could not have completed the sale without BCC; they were critical to the process and the favorable outcome."

Steve Currell, Vice President, First Bank & Trust

~ Testimonials may not be representative of the experience of other customers and is no guarantee of future performance or success. ~

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