Business Broker, Chris Cantwell, of Transworld Business Advisors - Rocky Mountain Closes on a Double Deal for Two Plumbing & HVAC Companies
Denver, Colo., United States (July 23, 2019) – Transworld Business Advisors - Rocky Mountain, a leading business brokerage firm in the state of Colorado, is pleased to announce that a deal to close on two plumbing and HVAC companies reached the closing table with the help of Chris Cantwell.
“These two companies combined have been in operation for nearly 40 years,” says Chris Cantwell, a Business Broker with Transworld. “Both of the owners were ready to retire and move on from their businesses. This type of transaction really highlights the opportunity available to entrepreneurs ready to own a business in Colorado. Baby boomers are selling their very healthy companies at growing rates offering a major financial opportunity to acquirers who will gain access to companies with positive cash flow, deep customer relationships, and sound reputations.”
The first plumbing and HVAC company offers gas pipe installation, septic tank services, and water testing, among other services. They also provide plumbing and heating installations for new residential builds. The second plumbing and HVAC business offers residential and commercial heating, cooling, plumbing and solar field services. This business has service agreements and contracts in place already providing steady cash flow to the buyer. The buyer saw the tremendous opportunity in each business, acquired them both and is merging them together. John Wahl with Live Oak Bank did the financing on this deal.
About Transworld Business Advisors - Rocky Mountain
Transworld is the top business brokerage firm in Colorado, listing 200+ businesses for sale annually. Transworld assists visionary entrepreneurs with buying or selling a business in Colorado, specializing in helping family-owned and closely held businesses with their strategic plans. Through their commercial partner, Transworld Commercial Real Estate, Transworld also advises clients on commercial real estate acquisitions and dispositions.
Rachael Holstein has been the Marketing Manager for Transworld - Rocky Mountain since 2016. Her working experience has largely focused on Business Development 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 her Master’s Degree in Global Interactions from Cleveland State University. In 2013, she relocated to Denver with her husband, Joe, and her furry companions to explore the mile high life!