Client Testimonials
clients have this to say about RCS advisors...
Mergers and Acquisitions
Company Sale
In managing the sale of our company RCS Advisors created considerable wealth for the family who had owned the business since the 1950’s and for many of the long-time employees owning shares through the company’s ESOP.
RCS Advisors attracted several qualified buyers while marketing the business and selected an ideal buyer that was a global Fortune 500 company. RCS Advisors negotiated an attractive sale-package which included a sale-price nearly three times the offer prices received prior to marketing, as well as good jobs with the buyer for all of our employees.
- Mr. James Bahnsen, CFO of Cyril-Scott Company
Company Sale
We are very happy we made the decision to hire RCS Advisors to handle the sale of our company. RCS Advisors’ negotiating and valuation expertise gave us an even-hand when debating fair value with the buyer and their advisor, one of the nation’s leading valuation firms specializing in healthcare.
RCS Advisors negotiated a purchase price several times greater than the initial offer price and a deal-structure with tax advantages that significantly increased our net proceeds. With RCS Advisors we were able to receive full value for our practice and achieve our other goals including providing ongoing employment for our staff with the buyer, Fairfield Medical Center.
- Dr. Pearlman, Managing Member of Ohio Physical Medicine & Rehabilitation, Inc.
Company Sale
Despite a difficult market environment and many obstacles, RCS Advisors made it possible for us to sell our company at a price we were happy with while also providing continued employment for our staff following the sale. We were able to really rely on RCS Advisors. RCS Advisors' approach is professional and strategic, and their work was thorough and well thought out. They managed the entire process very well. We will recommend RCS Advisors to others.
- Mrs. Ellen Brasel, Managing Member of R. Gene Brasel LLC
Company Sale
Our law firm worked closely with RCS Advisors as part of the deal team on a sale transaction involving a Fortune 500 company. We relied on RCS Advisors to prepare the data room, manage the due diligence process, analyze deal structures, assist with negotiating the asset purchase agreement, write the fairness opinion, and assist with facilitating a successful integration of the two companies. We enjoyed working with RCS Advisors. We found them to be professional, knowledgeable and responsive, and their work to be reliable. We look forward to working with RCS Advisors again.
- Mr. Albert Lucas – Partner of Calfee, Halter & Griswold LLP
Company Acquisition
RCS Advisors helped us acquire a key company for our business. RCS Advisors closely managed the acquisition in its entirety from getting ownership to engage in serious sale discussions, to intensive due diligence that revealed possible risks, to helping arrange bank financing, through to negotiating the final details of the purchase agreement. RCS Advisors negotiated a price that was much better than we had thought possible and provisions that later gave us valuable protection – both of which saved us a substantial amount of money.
RCS Advisors’ due diligence on the company was intensive and revealed potential risks. They addressed the risks by negotiating a better price and with creative deal-structuring and protective provisions in the purchase agreement. Years later when a few of these risks materialized, we were able to successfully enforce the purchase agreement and collect a substantial sum. When this occurred, RCS Advisors was there to help us enforce the agreement and collect - which could have been impossible had the acquisition not been handled properly from the early stages. We will hire RCS Advisors again.
- Mr. Michael Hubbard, President of Hubbard Enterprises
Strategic Advisory
Evaluate Performance & Devise Value-Creation Strategies
We engaged RCS Advisors to assist with strategies to create value. RCS Advisors performed detailed analyses of the company’s operations, financial performance, risks and opportunities. Using their work, our management team was able to evaluate prospects and develop strategies which have increased the performance, cash flow and value of the company. We will engage RCS Advisors again.
- Mr. Steve Schmelzer, President of BBU Environmental Services, Ltd.
Strategic Alternatives, Spin-off
On multiple occasions, we hired RCS Advisors to do strategic work and valuations for our company. RCS Advisors assisted us with devising strategies for various situations. In one case, RCS Advisors helped us complete a successful spin-off of a division, a pivotal landmark event for our company. We will hire RCS Advisors again.
- Mr. Ben Cooke – President of BBU Services, LLC
Valuations
Valuation: Estate Tax Filing
RCS Advisors performed a valuation of our company for estate tax purposes which was far more accurate than the valuation we had received from another valuation firm. RCS Advisors' valuation and assistance with tax planning saved me and my family a substantial amount of money. RCS Advisors’ work began with an in-depth study of our company and culminated in presentations and a comprehensive report. RCS Advisors’ work was critical for our decision-making and preparations. We really appreciate their help and we will hire RCS Advisors again.
- Mrs. Ellen Brasel, Managing Member of R. Gene Brasel LLC
Valuation: Various Situations
RCS Advisors has performed many valuations of our companies and of individual ownership interests for a variety of situations. Quality valuations are necessary for private companies like ours where the value is not known. RCS Advisors’ valuations have been an essential tool for us to complete key transactions, negotiate effectively, and make important decisions. We have relied on RCS Advisors for accurate valuations to assist with the purchase and sale of interests, a spin-off of a division, preparing for a sale of a company, creating a buy-sell agreement, financings, and for long-term strategic planning.
- Mr. Steve Schmelzer, President of BBU Companies
Litigation Support
Partner Buyout Dispute
With the tragic loss of one our partners, we were faced with a situation where the practice needed to redeem our late partner’s ownership share. Based on an estimate provided by another valuation firm, the legal representatives of our late partner’s estate pushed for a redemption price that we believed to be unreasonable.
We engaged RCS Advisors to provide an accurate value-estimate. RCS Advisors provided a detailed report that was submitted to the court and the other side. The report outlined their valuation work clearly explaining the nuances and more complex aspects. RCS Advisors’ report and valuation expertise were instrumental in reaching a resolution in our case. Both sides agreed to a settlement price that was very near RCS Advisors’ value-estimate, which was nearly one-third (1/3) of the value-estimate provided by the other side. We are very satisfied with RCS Advisors’ work and with what we feel was a fair outcome to our case.
- Dr. Sinha, Managing Member of Cardiovascular Specialists, LLC
Matrimonial Proceedings
RCS Advisors helped to bring my case to an acceptable conclusion. Their valuation of my company was thorough and on-point. RCS Advisors interacted professionally and effectively with representatives of the other side helping to move the case forward.
RCS Advisors’ valuation report was in-depth with detailed step-by-step analysis. It laid out logical explanations which were easy to follow leaving little room for the other side’s legal team to take issue with the report or RCS Advisors’ value-estimate.
- Mr. David Heister, Owner of Fairfield Electric, Inc.