Unsolicited Offer Le广告 to Multi-Million Dollar Valuation and Sale

2005年由比尔加拉格尔创立, 高等学校 房地产 is known for its quality programs, 有趣的指令, and impressive passing rates on the national and state licensing exam.


What started as 比尔加拉格尔's small teaching business, has grown over the years into a 20-instructor business that’s chosen for continuing education by over 20,每年有000名经纪人. 高等学校 房地产 boasts one of the highest pre-licensing examination pass rates in the state at 75% and has more Distinguished Real Estate Instructors (DREIs) than any other school in NC.

比尔加拉格尔 started his real estate career in Charlotte, North Carolina after graduating college from Wake Forest University. He quickly rose through the ranks to become Broker-In-Charge for Merrill Lynch Realty, while teaching pre-licensing and broker courses at Mingle School 房地产 and ethics in new member orientation for the 夏洛特房地产经纪人协会.

In 1998 Bill was promoted to President of Career Development for Prudential Carolinas Realty and opened 比尔加拉格尔 School 房地产 under the Prudential Umbrella. He then opened 高等学校 房地产 in 2005 and was awarded REALTOR of the Year in 2006, for his outstanding service to the real estate community.

The decision to sell his business developed after receiving an unsolicited offer. After reviewing the offer with his Attorney and CPA, 是谁怂恿他接受这笔交易的, Bill contacted Jeffery Baxter at MidStreet Mergers and Acquisitions. MidStreet determined that Bill’s business was worth far more than the unsolicited offer and together they reviewed all of Bill’s options.


MidStreet explained the advantages and disadvantages of individual buyers vs. 私人股本集团vs. Strategic acquirers and asked what Bill’s goals were in selling his business.

Bill felt he would need to divert his attention away from teaching to capitalize on the business’s many opportunities for growth, 但那不是他想要的. 比尔的心总是放在教室里. 为他, a perfect situation would be to sell the business and continue teaching at superior as an instructor following the sale. With this goal in mind, Bill listed his company with MidStreet.

MidStreet met with Bill’s advisors and created a comprehensive marketing and negotiation plan to achieve his goals. Through a controlled process of arranging meetings and releasing marketing materials to select buyers, 这家betway必威沙巴体育收到了26份合格的询价.

MidStreet conducted interviews with 14 individual buyers and 3 private equity groups, which led to 5 Buyer/Seller meetings and ultimately 3 offers on the business.

比尔加拉格尔 decided to accept a majority recapitalization offer from McKissock, 私人股本集团旗下的一家全国性betway必威沙巴体育, Quad-C.

最后, the offer he accepted was more than three times higher than the original unsolicited offer. It also allowed Bill to maintain some equity in the business and featured an employment agreement negotiated by MidStreet to keep Bill teaching.

比尔加拉格尔 went on the establish a generously charitable remainder trust with his extra earnings from the business sale and continues to educate students at the 高等学校 房地产 to this day.

His story is a prime example of how a business sale can change your life for the better, and why business owners should have a valuation performed on their business before accepting any unsolicited offers.


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