Sunbelt Business Brokers reported that it facilitated the sale of Spicer, MN based Alternative Micrographics Inc. (AMI)
Online PR News – 25-February-2010 – – St. Paul, MN (February 23, 2010) - Sunbelt Business Brokers reported that it facilitated the sale of Spicer, MN based Alternative Micrographics Inc. (AMI), to SKR Group, Inc., St. Paul, MN. AMI engaged Sunbelt Business Brokers to insure maximum shareholder value and employee security in the sale of the company. Sunbelt's extensive broker network and aggressive marketing resulted in 99 potential buyers signing Confidentiality Agreements and AMI being able to choose from several offers.
A twenty-five year history of growth, profitability, expansion potential and an experienced staff that averages more than ten years of employment with the Company were the attractions for SKR Group. SKR viewed the acquisition as a turn-key operation and has aggressive plans to grow the business with their strong marketing and sales capability.
Ray Carter, Sunbelt Business Broker, who represented AMI in the transaction states: "despite the soft economy the buyer response and multiple offers for the AMI transaction is representative of the market. Both financial and strategic buyer activity has picked up significantly over the past two quarters and we expect it to continue in 2010."
Chris Jones, Vice President of Sunbelt Business Brokers states "Sunbelt's relationship with top financing companies allowed the transaction to get financing despite the tough lending market."
About Applied Micrographics: AMI, a twenty five year old electronic document management company provides ctronic document management solutions for businesses, especially entities with complex regulatory requirements. AMI's erings include web management, software and web access to document, scanning, microfilming, digitizing, storage and document destruction. AMI is an internet and technology based company offering a "one-stop-shop" for businesses looking for complete document storage solutions. For more information about AMI go to www.amiview.com.
About Sunbelt Business Brokers: Sunbelt focuses solely on helping people sell and buy businesses. Sunbelt Midwest has offices in Minnesota, Wisconsin and Illinois and is part of unbelt's worldwide network of 300 offices. For more information, visit Sunbelt or call 651.484.2677