• Report: #405389

Complaint Review: T T C, Transition Companies, Transition Company, Companies In Transition

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  • Submitted: Sat, December 27, 2008
  • Updated: Sat, January 24, 2009

  • Reported By:Mendham New Jersey
T T C, Transition Companies, Transition Company, Companies In Transition
88 East Main Street Mendham, New Jersey U.S.A.

Transition Companies, Gene Sartin, Transition Companies Advises Windo-Shade, Assisting Companies In Transition. Transition Companies, Advised Windo-Shade Distributors, Inc. on Sale to Innovus Investment Holding of Galveston Texas, The Transition Companies is in Dallas Texas, Assisting Companies in Transition. Mendham New Jersey

*UPDATE Employee: The Transition Companies, Transition Companies, TTC, Dallas Texas, Transition Company

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Newswire:
http://www.newswiretoday.com/news/43933/ /newswire/ - Dallas, TX, United States, 12/11/2008. The Transition Companies, LLC (TTC) is pleased to announce the sale of Windo-Shade Distributors Inc. (Windo-Shade) of Galveston, Texas to Innovus Investment Holdings LLC (Innovus). TTC acted as Windo-Shade's exclusive M&A advisor for this transaction.??Michael Ryan, Executive Director of Transactions at TTC said we opened the market using our proprietary buyer list consisting of 318 prospective buyers. These resources resulted in numerous interested parties finishing with several finalists. The shareholders of Windo-Shade were able to choose the transaction with the buyer that best met their personal objectives.

The middle markets are still vibrant for profitable, well managed companies said Gene Sartin, CEO of The Transition Companies.??

The Transition Companies, headquartered in Dallas, Texas is a leading Mergers and Acquisition ("M&A") firm specializing in confidentially opening the market to maximize the value realized by the owners when selling their privately-held companies. TTC also provides consulting services for companies that want to increase earnings now or increase market value for a future sale.??The Transition Companies (transitioncompanies.com), originally founded in 1988, has 4 offices nationwide and a dedicated professional team of 105 Associates. TTC's team of professionals has provided valuation, consulting and executed M&A sale transactions for hundreds of companies across all industry sectors nationwide.??The sale of an entrepreneur's business is frequently the largest and most important financial event of his or her life - for most, it is an opportunity that will be presented only once. The successful sale of a business requires a carefully planned and methodically structured process in which each step is done right - the first time - when seeking to maximize the financial reward. These goals were accomplished in this transaction.

Client and Public Relations
The Transition Companies
Phone (((redacted)))
(((link redacted)))

Public relations TTC
Mendham, New Jersey
U.S.A.

CLICK here to see why Rip-off Report, as a matter of policy, deleted either a phone number, link or e-mail address from this Report.

This report was posted on Ripoff Report on 12/27/2008 08:57 PM and is a permanent record located here: http://www.ripoffreport.com/r/T-T-C-Transition-Companies-Transition-Company-Companies-In-Transition/Mendham-New-Jersey-07945/Transition-Companies-Gene-Sartin-Transition-Companies-Advises-Windo-Shade-Assisting-Com-405389. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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Updates & Rebuttals

#1 UPDATE Employee

The Transition Companies, Transition Companies, TTC, Dallas Texas, Transition Company

AUTHOR: Client And Public Relations, TTC - (U.S.A.)

FIRST POST
Small Business Services

The Transition Companies, Transition Solutions, Main Street Transition Solutions, LLC, Gene Sartin

The Transition Companies (TTC) is a leading Mergers and Acquisition ("M&A") firm specializing in confidentially opening the market to maximize the value realized by business owners when selling their privately-held companies. We also provide consulting services, where appropriate, for companies that want to increase earnings now or increase market value for a future sale of their business.

We are available for any and all inquiries.
Gene Sartin
President and CEO
469-774-9894 Direct Line

SECOND POST
Small Business Services

The Transition Companies, Transition Companies, Gene Sartin

The Transition Companies, Transition Companies, Gene Sartin History of The Transition Companies

The Transition Companies was founded in 1988 as a consulting and M&A firm called Succel Inc. ("Succel"). Succel originally provided turnaround consulting expertise to increase the value of private-held companies. In the mid 1990's, Succel expanded into a full service M&A and consulting professional services firm that maximized the value of privately-held companies through an M&A sale or consulting services.

In mid 2008, The Transition Companies was formed through the merger of Succel with InterPrise M&A LLC ("InterPrise"). InterPrise, founded in 1994 with 3 US offices and 1 European office, was a leading nationwide middle market M&A firm that specialized in the sale of privately-held companies. The Transition Companies is the pre-eminent professional services firm providing complete exit and transition strategies for owners of privately held companies seeking to maximize the proceeds from the sale of their companies or increase value prior to going to market.

Client and Public Relations
The Transition Companies
Phone 800-704-6201

THIRD POST
Small Business Services

Transition Companies, Gene Sartin, Transition Companies Advises Windo-Shade, Assisting Companies in Transition.

Transition Companies, Advises Windo-Shade Distributors, Inc. on Sale to Innovus Investment Holding of Galveston Texas, The Transition Companies is in Dallas Texas, Assisting Compnaies in Transition.

Newswire:
www newswiretoday com/news/ /newswire/ - Dallas, TX, United States, 12/11/2008. The Transition Companies, LLC (TTC) is pleased to announce the sale of Windo-Shade Distributors Inc. (Windo-Shade) of Galveston, Texas to Innovus Investment Holdings LLC (Innovus). TTC acted as Windo-Shade's exclusive M&A advisor for this transaction.??Michael Ryan, Executive Director of Transactions at TTC said we opened the market using our proprietary buyer list consisting of 318 prospective buyers. These resources resulted in numerous interested parties finishing with several finalists. The shareholders of Windo-Shade were able to choose the transaction with the buyer that best met their personal objectives.

The middle markets are still vibrant for profitable, well managed companies said Gene Sartin, CEO of The Transition Companies.??

The Transition Companies, headquartered in Dallas, Texas is a leading Mergers and Acquisition ("M&A") firm specializing in confidentially opening the market to maximize the value realized by the owners when selling their privately-held companies. TTC also provides consulting services for companies that want to increase earnings now or increase market value for a future sale.??The Transition Companies (transitioncompanies.com), originally founded in 1988, has 4 offices nationwide and a dedicated professional team of 105 Associates. TTC's team of professionals has provided valuation, consulting and executed M&A sale transactions for hundreds of companies across all industry sectors nationwide.??The sale of an entrepreneur's business is frequently the largest and most important financial event of his or her life - for most, it is an opportunity that will be presented only once. The successful sale of a business requires a carefully planned and methodically structured process in which each step is done right - the first time - when seeking to maximize the financial reward. These goals were accomplished in this transaction.

Client and Public Relations
The Transition Companies
Phone 800-704-6201


FOURTH POST
Small Business Services

Transition Companies, The Transition Companies, Transition Solutions, Gene Sartin, Flow Products

To The Transition Companies and Gene Sartin, From Flow Products, I would recommend your company to whoever asks. Please feel free to use this letter of recommendation with any potential client you may have.

To: The Transition Companies and Gene Sartin
From: Flow Products International Management, Inc.
Reference : Project 0725

Dear Mr. Sartin,
I have been requested to write a letter to basically review the reason for requesting your help and I am doing so gladly.
Upon meeting you in Houston, I listened intently as I am a newcomer being in business for myself. I had thought I was very successful until I listened to you and your associates. Soon I saw that I needed to do several things to get my company ready to sell knowing that the process might take some time. I knew that I would make a grave mistake if I did not get the help that I needed.
During our initial meeting, it became very clear that I was facing challenges. Your representative and I had a very candid conversation and both agreed that I needed to get deeper into the organization structure and daily operation of my business. The suggestions all made sense, were extremely enlightening and I felt that I was going to get the help I needed. When I say help, I really mean guidance as I was not getting it from those whom I was relying on at that time.
Upon your analyst arrival, the project as explained to me, was to get me moving in the correct direction while maximizing my current abilities and give me the instructions that I needed to move forward in a most positive manner. Issues we covered in detail, some more that others were :

Structuring the functional organization Very Helpful
Financial organization/reorganization Desperately needed
Responsibility and accountability Very Helpful
Employee handbook development A Work in Process
Goal setting and Planning Cleared the path to glory
Delegation of Authority A work in Process
Labor Burden determination Basic
Setting Policy and Written Procedures A Work in Process
Job Costing and Pricing Basic
Determining Overhead Rate Very Helpful
Breakeven Point Very Helpful
Employee Incentive Programs A Work in Process
Develop comprehensive company policies A Work in Process
Profit and Expense Controls Very Helpful
Company Safety Policy Will have ISO certification next month
Cash Flow/Cash Management Very Helpful
Company Drug & Alcohol Policy Already doing
Financial Forecasting and Analysis Extremely Helpful
Job Descriptions I like Randy's better than mine
Profit Planning and Engineering A work in Process
Employee Training & Development A work in Process
Purchasing Controls Very Helpful

All of the above became very clear to your analyst once he heard my history. This is when I studied the 80-20 rule and realized I was 99-1. After the first week I started to really take a look at what had happened and then started to understand what needed to happen. Every day it became clearer and clearer once I understood that I should not take my challenges out on myself. The summary pages and the documents given to me were easy to read and easy to understand. Any question that I had was answered directly or with an analogy which is the way I understand the best.
Having stated all of this, I believe that staying on the plan laid out to me, my company will operate much more efficiently as well as more profitable. I have the guidelines to refer to, and with time will be able to teach my subordinates as well. This will make my life much easier.
Gene, as we discussed on the phone, I was in shock with regard to the investment I was about to make; however after time spent with your analyst, I would recommend your services to anyone who gave me the opportunity. Further, I would recommend your company to whoever asks. Please feel free to use this letter of recommendation with any potential client you may have. I do not think it is the size of the business or the type of business, we all have our own goals and dreams. Most companies I am sure just need a little tweaking and proper planning to get to where they want to go quicker and with fewer problems.
Again, anything I can do to assist you in achieving your goals, please contact me.

Very truly yours.
Ronald E. Veatch, President

Client and Public Relations
The Transition Companies
Phone 800-704-6201

(Contact information can be obtained by phoning the The Transition Companies offices.


FIFTH POST
Small Business Services

The Transition Companies, Transition Solutions, Main Street Transition Solutions, LLC, Gene Sartin

The Transition Companies LLC (TTC) announces the sale of King Oil Company of Hagerstown, Maryland to a Private Investor.

PRLog (Press Releases)
pressroom.prlog org /Dec 19, 2008 The Transition Companies LLC (TTC) is pleased to announce the sale of King Oil Company of Hagerstown, Maryland to a Private Investor. TTC acted as King Oil's M&A Advisor for this transaction.

TTC's transactional team included Charles Boyer who advised King Oil in opening the process, Gary Brown who worked thru the final closing and Brandon Fitzgerald who directed the various marketing activities that produced the successful sale of the company.

Michael Ryan, Executive Director of Transactions at TTC said we opened the market using our proprietary buyer list consisting of 157 prospective buyers. These resources resulted in numerous interested parties finishing with several finalists. The owners of King Oil Company were able to choose the transaction with the buyer that best met their personal objectives

While the high end, mega M&A market is at an effective halt, demand still exists for profitable, well managed middle market companies said Gene Sartin, CEO of The Transition Companies.

The Transition Companies, headquartered in Dallas, Texas is a leading Mergers and Acquisition ("M&A") firm specializing in confidentially opening the market to maximize the value realized by the owners when selling their privately-held companies. TTC also provides consulting services for companies that want to increase earnings now or increase market value for a future sale.

The Transition Companies, originally founded in 1988, has 4 offices nationwide and a dedicated professional team of 105 Associates. TTC's team of professionals has provided valuation, consulting and executed M&A sale transactions for hundreds of companies across all industry sectors nationwide

Client and Public Relations
The Transition Companies
Phone 800-704-6201


SIXTH POST
Small Business Services

The Transition Companies, Transition Solutions, Main Street Transition Solutions, LLC, Gene Sartin

To: The Transition Companies
From Kitmund Electric

Dear Mr. Sartin,
I am very happy that we held this two week session. I saw the value of what we accomplished. I am hopeful this will translate into more value for my company's sale price. It went well and I have enjoyed having your analyst as part of our team. He told me your company will be available for further questions and support as we need it. I appreciate that. Therefore, thank you for your work and I am sure the changes made will make a difference. This will at least free me up to not have to do everything I did before.

Sincerely,
Jim Johnson, President

Client and Public Relations
The Transition Companies
Phone 800-704-6201

(Contact information can be obtained by phoning the The Transition Companies offices.
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