International Business Exchange (IBEX) is pleased to announce the completion of the sale of an Austin area recreational vehicle (RV) repair business.
On March 11, 2022, IBEX assisted in the sale of the company originally listed with IBEX in early November 2021. The seller primarily focuses on mobile repair services at the location of the recreational vehicle.
The RV repair business was established in 2008, offering RV services that are convenient and hassle-free. Technicians come to the recreational vehicle location in well-stocked, professional vans. The technicians are specialists that communicate and coordinate with the customer and take pride in their work. The primary focus is on integrity, old-fashion work ethic, and customer satisfaction. The company is an authorized distributor for several industry leading products and materials and works with several insurance companies on damage and casualty claims.
The acquiring company is already in the industry with multiple locations throughout the United States. The buyer recognized the seller as a company with a long history and excellent reputation. The buyer saw the acquisition as an opportunity to continue the company’s growth in the RV repair industry.
IBEX had the sole and exclusive right to market and assist in selling the business. The team of Mike Miller and Jeffrey Elder served as advisors throughout the acquisition process coordinating buyer/seller communications and assisting in the due diligence activity. From the time of listing to close the transaction took 4 months. IBEX was involved developing documentation and timelines with the buyer, seller, and other deal professionals.
Jeffrey Elder| Advisor
IBEX Business Exchange | M&A Advisors
512-531-6112 - Office Direct
14205 Burnet Road, ste 640
Austin, Texas 78728
International Business Exchange (IBEX) is one of the oldest and largest independently run M&A advisories in the US, helping owners and executives transition their businesses or transition ownership since 1979. Our team of five advisors collectively have more than a century of corporate leadership at Fortune 500 and middle market companies. More importantly, IBEX advisors have executed hundreds of transactions as both corporate executives and third party advisers. Our sole job is to see you from listing through close, helping you walk away with top market value for your life’s work. IBEX is belongs to the International Business Brokers Association (IBBA), Merger and Acquisition Source and the Texas Association of Business Brokers (TABB)
IBEX is a member of the International Business Brokers Association, Merger and Acquisition Source and the Texas Association of Business Brokers. Mike Miller (firstname.lastname@example.org) and Russ Goforth (email@example.com) have been with IBEX a combined 35 plus years. Mike Miller has served as the President of Texas Association of Business Brokers and assisted in national legislation regarding the business acquisition industry. Jeffrey Elder was recognized as a Chairman’s Circle recipient by the International Business Brokers Association in 2017, 2018 and 2019.