This week Al Fialkovich closed on a locally owned staffing company. The business was run owner absentee, which made this quite an attractive business to area buyers. The company prided themselves on their ability to help local, small business owners find the right employees in the shortest amount of time and at an affordable rate. This is quite a service for the Denver area, whose economy is booming and businesses are starting up and scaling up at alarming rates!
The owner wanted to sell the staffing company so they could pursue business interests outside of their current industry. We found a synergistic buyer who already had an existing business in a related industry and was looking to complement that business through an acquisition.
Key Closing Statistics
- Closing broker: Al Fialkovich
- Sold for 115% of the Asking Price
- Listed for 189 Days
This particular buyer was able to perfectly fold their new acquisition into their existing business and take advantage of a fortuitous opportunity. The seller is also pleased with the acquisition and excited their service offerings will now be offered amongst other varied value added offerings.
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Rachael Holstein joined the Transworld Team in 2016 as Marketing Coordinator. Her working experience has been largely focused on Business Development and Marketing in the finance, architecture, property management, and information technology industries. A long time resident of Cleveland, Ohio, she attained her Undergrad from John Carroll University and a Master's Degree in Global Interactions from Cleveland State University. She relocated to Denver in 2013 for a change of scenery and a bit of adventure.