Service

Service

The representation and sale of service companies is an area where IBA has excelled for over forty 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 multiple states 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

Elmore Electric
Electric Repair & Service serving the cargo/shipping & fishing industries

Eltech Electric
Industrial & Marine Electric Repair & Service

Northwest Biomedical Associates
Medical Equipment Repair & Service

J.R. Bruno & Associates
Consulting Firm Specializing in Commercial Lending & SBA Loan Support to the Banking Industry

Pirtek
Seattle Area Territory of International Company Specializing in Hydraulic Hose Fabrication & Repair

Sponge
Foreign Language School teaching Mandarin, Japanese, Hindi, French, German, and Spanish

Bartending Academy
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 Service
Independent Automobile Damage Appraisal Firm for Insurance Providers

Access Global
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

Viking Travel
Travel Agency

Camcal Company
Petroleum & Lubrication Equipment Calibration, Repair, & Service

Meadow Creek Professional Center
18,000+ Square Foot Full service Executive Office Suites

MICRO
Mold Remediation Training Program & Equipment Sales

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

A-1 Best Computer
Computer & Laptop Repair & Service (Multiple Location Chain)

EcoChem
Environmental Chemistry Validation & Audit

Pocket Picks
Small Format Tourism Advertising

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.

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“The happiest time in any man’s life is when he
is in red hot pursuit of a dollar with a reasonable prospect of overtaking it”

Josh Billings