Company Overview
The Company is a full-service provider of re-mailing services throughout North America and overseas. The Company’s clients benefit from its pre-negotiated domestic and foreign postal discounts, which lowers mailing costs and improves customer service.
Engagement Overview
Fort Dearborn was engaged as exclusive financial advisor for the sale of the Company.
Fort Dearborn researched and identified over 100 potential acquirers.
FDP prepared a comprehensive, confidential information memorandum and management presentation.
Fort Dearborn contacted and vetted several potential acquirers who had previously expressed an interest in the Company.
FDP hosted management visits with the most strategic buyers; and
While maintaining the option of a broad marketing of the Company, Fort Dearborn negotiated a superior valuation with a single strategic acquirer, reducing the overall timeframe to close the transaction.
Results
Fort Dearborn presented and credibly defended earnings that were heavily restated for several non-recurring events
Fort Dearborn negotiated a superior valuation for the business
The Final sale valuation was at the high end of comparable transactions.