Pioneer B1, an Arizona based SAP Business One Gold Partner, was recently acquired by platform provider, Sapphire Systems, after enlisting the Mergers & Acquisitions advisory services of RoseBiz Inc.
Working closely with RoseBiz founder, Linda Rose, Pioneer B1 was able to secure high-valuation and close the deal within two months after receiving an initial offer from Sapphire. RoseBiz’s services were instrumental in preparing necessary documents and positioning Pioneer B1 for the highest possible valuation while ensuring the deal was a win-win for all stakeholders.
“One of the best business decisions I have made is to hire Linda to help with selling my business,” said Oren Tabib, CEO of Pioneer B1. “I talked to some M&A advisors, but very quickly came to understand that knowledge of the ERP industry is key. I had the fortune to meet Linda who intimately understood the business and that was incredibly helpful throughout the whole process.”
As an industry veteran in the information technology services industry and as a CPA, Rose was able to draw on her experience as M&A advisor within the channel to help Pioneer B1 navigate the sales process to close the deal quickly and on time.
“We had less than two months and I had no lawyer, no advice and no idea how this whole business works,” said Tabib. “Linda made herself available, day and night, weekends and holidays to push forward with next steps and make sure we get everything in place on time. She guided me through the process and helped me prepare for items that saved me a considerable amount of time and could have jeopardized the timeline.”
Despite the turmoil surrounding the election, pandemic and looming recession, M&A activity in the information technology space continues to see healthy numbers. Whether you are trying to sell your company now or in the near-future, RoseBiz Inc. can help you prepare your business to get the highest valuation possible when you’re ready to sell.
Learn more in Linda Rose’s book Get Acquired for Millions.
“Linda was always straight to the point, always controlling the situation, and negotiated excellent terms for me,” Tabib said. “I highly recommend Linda to anyone who is in the ERP market and beyond to utilize Linda’s services.”