Attorney Dustin Hurley took the lead for our firm’s representation of a dealer of industrial power supplies located in Butler County. A west coast based private equity firm acquired our client’s company through a stock purchase.
The seller received a blend of cash, stock in the private equity group’s entity, and earn-out potential. In addition, the buyer hired our client into an executive level position with a minimum of two years of guaranteed salary and bonus, including a severance package. Further, the seller retained the real estate and leased it to the buyer on a triple-net lease.
Total compensation for our client will exceed $4,000,000.00 with the potential to be much higher based on earn-outs, salaries, bonuses, rental income, and increased value of equity.
If you are considering buying or selling a business, our team has experience handling transactions from $1.00 – $10,000,000.00 across nearly all industries.