Another Successful Transaction

Empire is pleased to announce it has successfully closed another deal effective June 30, 2016.   The participants have requested to remain anonymous at this time as the company transitions to the new owner.  Empire was the intermediary for selling this long established National Business Brokerage firm to a private investment fund.  The deal was worth a potential of $2.5 mil which includes an earn out provision in the first two years.  The seller will remain active in the company full time for up to six months and then part time thereafter.  Seller is looking to retirement at some point in time.