The end of 2021 saw the successful sale of Tom Bihn (www.tombihn.com), a high quality manufacturer of backpacks, travel bags, and business attaches with an operating model that emphasized innovative design, direct to consumer E-Commerce sales, and superior customer service in a transaction facilitated by IBA’s (www.ibainc.com) highly regarded manufacturing industry transaction team.
IBA was uniquely qualified to represent the founder of the company, Tom Bihn, and the other shareholders in the sale based on the firm’s knowledge and experience working with domestic manufacturing companies and businesses operating in the online retail space. The lead mergers & acquisitions intermediary at IBA for the transaction was firm President & CEO, Gregory Kovsky.
Mr. Kovsky, a twenty-eight year business brokerage professional, was very satisfied with the “win-win” transaction he facilitated in an environment of confidentiality while employing best practices throughout the sale process. The buyer’s acquisition was supported by Live Oak Bank with Heather Endresen serving as the lead banker for the deal.
If professional representation in the sale of a manufacturing company in the Pacific Northwest is desired, IBA would welcome the opportunity to interview for the M&A intermediary position.
IBA, commonly regarded as one of the most selective sell side representation business brokerage firms in the nation, traditionally operates with a 100% paid on performance compensation model with the goal of only being paid by satisfied clients.
All conversations with IBA are held in strict confidence. Additional information about IBA’s services can be obtained by calling (425) 454-3052 or emailing [email protected].
