Decade+ assisting business sellers and buyers through the challenges of business sales and acquisitions.
I am a business broker primarily providing sell side representation and brokerage services to business owners wanting to exit their business so they can successfully transition to the next phase of their lives. I also perform consulting services for those looking to buy a business, and business owners that may need a valuation but don't need full-blown representation and brokerage services.
I've assisted numerous business owners in successfully valuing and selling their companies. My closed deals include manufacturing firms, wholesale and distribution companies, retail, and franchise resales. I have extensive experience selling B2B and B2C service companies with specialties in information technology and business software.
Prior to entering the business brokerage world, I founded a computer software development and consulting services company featuring enterprise work force management and scheduling software. The company’s clients consisted of Fortune 1000 companies and large financial service businesses. At its peak, the company had annual sales exceeding $6 million. I acquired experience in business valuations, mergers, and acquisitions during my tenure as I oversaw the acquisition of two complementary businesses and the eventual sale of the entire company.
My approach to negotiation is to find areas of agreement between buyer and seller and build upon them to reach a beneficial arrangement for all stakeholders.
Selling Your Business
Sell Side Consulting
Buy Side Consulting
When my brother and I thought about selling our Machine Tool Shop after 35 years in business we were referred to Steve Kandt and Praxis Business Brokers by our CPA, and what a great referral that was. Steve was very quick to meet with us and laid out the process of selling a business...there was absolutely no pressure. Once we decided to put it on the market, Steve took over and began the valuation process, listing, and vetting of potential buyers which allowed us to concentrate on running day to day operations. When a buyer was found, the transaction went very smoothly and we were satisfied with the terms. Throughout the entire process from day one, Steve presented himself very professionally and without false or misinformation. We were even told by the buyer's banker at closing that Praxis is one of the few, legitimate Business Brokers out there. If you want a fast-talking broker wearing a 3-piece suit, you better look elsewhere because Steve is very humble and down to earth man who will always work in your best interest. Steve, thanks for your efforts and professionalism.
Mike and Dave Bergmann, Berg Tool, Inc.
Partial List of Businesses Represented
Custom manufacturer of extruded plastic products: including profiles, tubing, pipes, coiled or spooled plastic products and rigid plastic parts.
Manufacturer of metal construction products
Tower Computer Services
Full-Service B2B Information Technology Company, A Managed Services Provider (MSP)
Van Buren Steel
Metal sales and fabricator
Steel fabrication and erection company
High cash flowing machine tool business
Metal fabrication manufacturer
Very profitable electrical and cabling systems installation company
Great Lakes Technologies
Design and manufacturer of factory automated systems
Accredited comprehensive custom testing service for industry
Liberty Cast Products
Manufacturer of non-ferrous castings
Performance Personal Computers
Custom computer manufacturer
Town and Country Door
Garage Door Sales, Installation & Service Company
Outstanding computer services firm
Packaging supply and fastener distribution company
Very profitable vehicle import service business
Sound Planning Communications
Audio visual, acoustic, and lighting designer and integrator
Very profitable multi-faceted B2B marketing products business
Mobile Medical Repair
Very Profitable Medical Equipment Repair Business
Tobin's Lake Studios
Profitable, asset-rich, B2B specialty rental business
Salad dressing producer
Neighborhood Heating and Cooling
Efficient green solutions HVAC company
Old Point Comfort Marine
Retail marine sales, service & storage
Sylvan Learning Centers Monroe County
Sylvan learning centers
Commercial landscape design and installation
Project Control Engineering
Profitable civil engineering firm