Turnkey Technologies, Inc., a St. Louis-based Microsoft Dynamics ERP and CRM provider recently sold its managed cloud services division, Turnkey Cloud Services, with the help of RoseBiz Inc.’s consulting services for Mergers and Acquisitions.
Linda Rose, Founder and CEO of RoseBiz Inc., worked side-by-side with Turnkey leadership to ensure the transaction process went smoothly. From helping Turnkey prepare all appropriate documents for buyer presentations, to marketing Turnkey to a variety of qualified buyers, RoseBiz Inc. was able to assist in expediting the close of the sale.
“My experience with Linda was a close partnership as we completed this journey,” said Turnkey Technologies CEO, Chris Gherardini. “Linda directed the pre-sale due diligence and was quickly able to line up a group of interested parties and secured a couple of letters of interest.”
As an industry veteran in the information technology services industry and as a CPA, Rose was able to draw on her experience of successfully building and selling three tech businesses to prepare Turnkey for sale to CyberlinkASP, a hosting services provider for hosted desktops and applications.
“When I decided to sell the Dynamics hosting division of my company, I reached directly out to Linda Rose,” said Gherardini. “Her experience in selling her own hosting practice as well as her contacts in the industry after 30 years was the driving factor in selecting her firm.”
With more than 40% of tech firm owners expected to retire within the next 7 years, Mergers and Acquisition activity is on the rise in the technology services space. 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.
“M&A can be a painful process and there are times it feels hopeless like you just won’t get it done,” said Gherardini. “Linda did an amazing job getting me through this first-of-a-kind transaction for me and I will look to her in the future again for this type of transaction.”
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