The representation and sale of service companies is an area where IBA has excelled for approximately fifty years. The service sector is one of the fastest growing sectors of the United States economy. This growth has been mirrored at IBA in the increased number of service companies we have represented and sold as a percentage of our total transactions in the last ten years. It is also our belief that this sector of the economy will continue to grow in the future as consumers & businesses outsource more services and knowledge becomes more specialized.
It also should be noted that the successful sale of a service company for its highest market value requires an experienced broker with the knowledge & skill to sell intangible assets (e.g. goodwill or blue sky), as traditionally a majority of a service company’s value is found in its brand & market identity and not in its physical assets.
Our past transactions in this niche have included service trade companies (electrical, plumbing, and heating & air conditioning), consulting & business support companies, human resources & staffing businesses, fundraising & non profit support firms, personal care firms (hair & nail salons, chiropractic & massage practices, and weight loss clinics), vocational schools & educational programs, gyms & athletic training facilities, appraisers, travel agencies, freight forwarders, equipment rental & repair businesses, landscape & contractor businesses, environmental consulting firms, and translation services.
IBA is also recognized in the mergers & acquisitions industry for its ability to sell sophisticated service businesses requiring advanced education and/or executive level experience that serve customers in the corporate or public sectors. Our completed transactions in this subset niche of service companies has involved parties as far east as New Jersey & North Carolina and in Washington, Oregon, California, Alaska, and Arizona on the West Coast.
This legacy of completed transactions was established by IBA because our associates have the transactional experience and market knowledge required to properly evaluate, market, and negotiate the sale of this growing segment of the American economy.
The following are some specific examples of service companies sold by IBA:
Electronic Transactions Advantage, Inc.
ATM Service & Repair Company Serving Financial Institutions in Washington, Oregon, Idaho, and California
Electric Repair & Service Serving the Cargo/Shipping & Fishing Industries
Industrial & Marine Electric Repair & Service
Temporary & Permanent Medical Staffing
Northwest Biomedical Associates
Medical Equipment Repair & Service
J.R. Bruno & Associates
Consulting Firm Specializing in Commercial Lending & SBA Loan Support to the Banking Industry
Seattle Area Territory of International Company Specializing in Hydraulic Hose Fabrication & Repair
Foreign Language School Teaching Mandarin, Japanese, Hindi, French, German, and Spanish
Three Location Pacific Northwest Chain of Vocational Schools
Zoom Language Center
Spanish Immersion School
Dirk’s Carpet Center
Commercial & Residential Floor Covering Sales & Installation Company
Prestige Landscape Maintenance
Residential Lawn Maintenance Company
Insurance Appraisal Services (IAS)
Independent Automobile Damage Appraisal Firm for Insurance Providers
Freight Forwarding Company
Steve Pool Service
Repair & Routine Maintenance Company for the Commercial Fishing Industry
Fleet Glass Repair
Commercial Windshield Repair Company Serving Puget Sound Automobile Dealerships
Petroleum & Lubrication Equipment Calibration, Repair, & Service
Meadow Creek Professional Center
18,000+ Square Foot Full Service Executive Office Suites
Koss Property Management
Residential & Commercial Property Management
Mold Remediation Training Program & Equipment Sales
Ventilation Systems Service & Repair
Access Medical Equipment
Medical Equipment Rentals & Sales
Business Computer Systems Rentals
Computer Hardware Rentals to Fortune 100 Companies
German Language Services
Corporate Translation Service
Global Translation Systems
Corporate Translation Service
Staged by Design
Residential Property Furniture Staging
Commercial Photography Studio Specializing in Advertising, Corporate, & Catalog Photography for Local & National Ad Agencies, Corporate Marketing Departments, and Design Firms
A-1 Best Computer
Computer & Laptop Repair & Service (Multiple Location Chain)
Environmental Chemistry Validation & Audit
Small Format Tourism Advertising
Lakeside Heating, Air Conditioning, and Hearth Products
Premier Level Lennox Dealer and HVAC Installation & Service Provider
Pacific Parking Lot Maintenance
Commercial Parking Lot Sweeping & Repainting Company
American West Chrome
Hydraulic Motor, Pump, Cylinder, & Value Service
15 Vehicle Airport Shuttle Company
Full Service Commercial, Residential, and Industrial Wall Covering Company
Had my business listed with 2 different brokers over the course of 3 years and only had a handful of unqualified buyers. Listed with Bill Southwell of IBA and had a qualified buyer and full price offer within a few months in the middle of the COVID-19 pandemic. Extremely difficult lender with a ton of ticky tacky requests but he helped my all the way through.
Former Owner of Wards Power Equipment
Please contact our office if you have any questions regarding the representation we provide our clients or if you would like to schedule a time to meet with an IBA professional with experience in the sale of service companies.