VP Bob Latham Completes the Sale of a Dental and Medical IT Business
September 30th 2020
Transworld Business Advisors of Houston is pleased to announce the successful closing and sale of an IT service business that is focused on the dental and medical markets based in Houston.
Providing a turnkey solution from network design and installation to continued service desk and equipment maintenance offerings, the business has grown steadily over its history and is well poised to continue to do so under the leadership of the new owner. The buyer is a perfect match, having simultaneously closed on the sale of his nearly identical business in Albuquerque, NM.
Bob Latham, Vice President of the Houston Office represented the seller. The sale was challenged by the COVID impact, making capital access difficult for several buyers, and ultimately a last minute re-negotiation kept the deal together. Bob has had substantial experience in network and system design and maintenance having lead several ERP and MRP migrations as the head of manufacturing businesses.
Transworld wishes the buyer the best of luck as he starts his new venture here the Houston area. We also congratulation our seller on their out-of-state move.