CHARLOTTE, N.C., Sept. 20, 2017 /PRNewswire/ -- Viking Mergers & Acquisitions, an m&a firm serving middle market businesses in the Southeast, has successfully completed the sale of Disaster Restorations, a general contracting company specializing in emergency disaster and recovery solutions. Disaster Restorations was founded by successful business entrepreneur Tim Montgomery over 20 years ago and has served clients in the Carolinas ever since. After building a solid reputation with insurance companies and homeowners in the area, Montgomery decided that it was time to retire and pass the business on a new owner.
The sale of Disaster Restorations was facilitated by Phil Hagey, senior advisor at Viking Mergers & Acquisitions. Hagey knew that finding the right buyer for the business was essential. Disaster Restorations was acquired by Ashley Frazier, a buyer with experience in the restoration industry. "Ashley was the best fit for the business. I knew that his background and expertise would continue to help the business thrive," says Hagey. Frazier plans to grow the company and expand further in the Carolinas.
About Viking Mergers & Acquisitions
Founded in 1996 by Brad and Jay Offerdahl, Viking Mergers & Acquisitions was established with the vision of providing customized exit strategies and M&A mitigation to middle market business owners. Since their inception, Viking Mergers & Acquisitions has sold over 500 businesses across the Southeast. Their intermediaries have hundreds of years of collective experience in business transactions and nearly 75% have owned a business of their own. Viking proudly boasts a closing rate that is 3x the national average and businesses that sell for 96% of their asking price.
To learn more about Viking Mergers & Acquisitions, please contact their office today at (704) 676-0940, or visit their website to see active business listings or request a valuation for your business.
(704) 676 0940
SOURCE Viking Mergers & Acquisitions