Dallas, TX, December 19, 2008 --(PR.com
)-- The Transition Companies LLC (“TTC”) is pleased to announce the sale of King Oil Company of Hagerstown, Maryland to a Private Investor. TTC acted as King Oil’s M&A Advisor for this transaction.
TTC’s transactional team included Charles Boyer who advised King Oil in opening the process, Gary Brown who worked thru the final closing and Brandon Fitzgerald who directed the various marketing activities that produced the successful sale of the company.
Michael Ryan, Executive Director of Transactions at TTC said “we opened the market using our proprietary buyer list consisting of 157 prospective buyers. These resources resulted in numerous interested parties finishing with several “finalists.” The owners of King Oil Company were able to choose the transaction with the buyer that best met their personal objectives.”
“While the high end, mega M&A market is at an effective halt, demand still exists for profitable, well managed middle market companies,” said Gein Sartin, CEO of The Transition Companies.
The Transition Companies, headquartered in Dallas, Texas is a leading Mergers and Acquisition ("M&A") firm specializing in confidentially opening the market to maximize the value realized by the owners when selling their privately-held companies. TTC also provides consulting services for companies that want to increase earnings now or increase market value for a future sale.
The Transition Companies, originally founded in 1988, has 4 offices nationwide and a dedicated professional team of 105 Associates. TTC's team of professionals has provided valuation, consulting and executed M&A sale transactions for hundreds of companies across all industry sectors nationwide.