You turn to Accordion.
We step in to make critical strategic and financial decisions in order to secure an acquisition. To accomplish this, we:
- Develop a detailed turnaround plan outlining initiatives for the acquired business segment’s success through increased same-store sales growth, driven by a new marketing strategy and incremental revenue streams. This revitalizes the brand’s position and recognition with the consumer while reducing unit-level operational costs and administrative expenses.
- Negotiate a transaction services agreement (TSA) to clearly outline the timing and responsibilities of each party to successfully convert every aspect of the business from the seller onto the platform in only three months.
- Remain in critical leadership roles to ensure the execution of the transition and turnaround plan.
- Help in every aspect of the acquisition process, including due diligence, turnaround plan development, system and process optimization, transaction services agreement negotiation, post-acquisition leadership, and plan/integration execution.
Your value is enhanced.
You see same-store sales growth of approximately 2.0% after being consistently down for 1.5 years under prior leadership. Additionally, there is margin growth of roughly 400 basis points, as well as consistent performance versus the turnaround plan with an EBITDA increase from $10.6MM to $13.4MM. Your company is acquired for $32MM from the restaurant group, with a multiple of approximately 3.0x.