Diversco Holdings, Inc. Acquisition by Linsalata Capital Partners

Retirement sale enables owner to pursue new interests...

Valufinder had spoken to the owner of Diversco several times over many years. Even though the owner had always recognized that he would need to sell in the future, he had not been ready to do so, because he was "having too much fun". Finally, however, the owner was ready to cash out. While willing to stay on for a transitional period of time, he was looking forward to his retirement and moving on with his life. The seller enlisted the assistance of Valufinder, because of the long-standing relationship with our team, and, based on the impartial professional advice that we had provided over the years.

Diversco had four broad categories of business: contract maintenance, janitorial services, security staffing, and temporary staffing. The owner had built up the company internally by hard work, excellent marketing, and strong customer service. He had also made "bolt on" acquisitions, over the years, of companies that complemented his product lines and geographical reach. He felt that, while the company had excellent internal growth prospects, there were numerous acquisition opportunities as well.

It is always a pleasure to work with the Valufinder team. Valufinder brings the highest levels of responsiveness and professionalism to every situation. Their hard work is reflected in their long tenure in the industry and excellent reputation they have within our firm. Rob Webber
Managing Director
Linsalata Capital Partners

Valufinder determined a realistic valuation range and prepared the preliminary information package (the "Acquisition Profile") necessary to attract the attention of potential buyers. Valufinder highlighted Diversco's strong points and opportunities, and explained the areas of concern, along with possible solutions. Valufinder created a presentation that demonstrated to potential Buyers the significant upside that Diversco possessed, and gave them a comfortable feeling about the company. Valufinder prepared and contacted a carefully selected list of potential buyers, obtained Confidentiality Agreements from each, distributed the Acquisition Profile, arranged for conference calls, scheduled introductory meetings, and continued to facilitate the transaction up to and through the successful closing.

One of the selected buyers who received the Acquisition Profile was Linsalata Capital Partners, whose partners had experience in providing industrial services. Linsalata felt, after reviewing the Acquisition Profile and meeting with the owner, that the company had excellent potential. Linsalata was able to structure a deal with the owner that led to a closing several months later.

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