Hitchcock Industries

When I was interviewing investment bankers to sell my business, I had a good feeling about the hands-on, collaborative approach that Morris Anderson described to me. As I participated in the complicated and difficult event of selling my company MorrisAnderson did a great job of walking me through what was happening and why at every step. Their team on-site at my business, was always available and treated our managers, employees and my family with the utmost respect. Most importantly the Morris Anderson process and team produced a significant number of interested strategic and financial buyers. Despite the fact that my business was sold in a Chapter 11 section 363 sale, Morris Anderson was able to sell my three generations old company at a price that greatly exceeded my expectations and that of everyone else. They say that most owners of a bankrupt business never recover any money when they sell it. Well in my case after all the creditors were fully paid, we received a very large cash payment a significant equity stake in the purchased new company “and” a multi-million non-compete contract a real live Trifecta. I am convinced that very few investment bankers would have achieved the high price that Morris Anderson attained for Hitchcock Industries. If I were to sell any middle market family owned business, I recommend only one name and that’s Morris Anderson.

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