Lloyds Business Brokers is pleased to announce the sale of a highly sought-after HVAC business to a sophisticated trade player seeking growth through strategic acquisitions interstate.
Based on the Gold Coast and turning $10,000,000 annually, the Buyer has acquired a well-established business with robust year-upon-year growth, highly respected brand name, and a loyal private and commercial customer base throughout South East Queensland. This was the Buyer’s second transaction with Lloyds in under 12 months.
Representing a win-win for Buyer and Seller, the sale confirms the expertise of the Lloyds Broker Team and effectiveness of the streamlined Lloyds Sales Process. Driven by achieving the best results, Lloyds provides Vendors access to qualified Buyers who can complete transactions quickly.
"Lloyds got the job done with a minimum of fuss. In a short time the business was sold!" - Vendor, $10m HVAC Business
The highly sought-after HVAC business attracted over 25 qualified enquiries from trade, private equity and investor groups, which resulted in multiple offers for the client’s consideration. The entire process took 5 months from introduction to completion.
The sale was conducted by the Brisbane M&A Lloyds Business Brokers Team and produced an outstanding result for both parties using Lloyds "Target Marketing".
For advice on how to buy or sell a business please contact the experts at Lloyds Business Brokers, Australia’s Industry Leading Business Broker on 1300 366 943.
Click on the left navigation links to read more news and press releases.