See what others have to say about working with Matt Coletta and remember ……. EXPERIENCE COUNTS!
*Please note, the specific details of transactions are Confidential. Original Letters of Reference are available upon request.
Also, feel free to check out my Video Testimonials on You Tube:
http://www.youtube.com/channel/UC9ccUSIFnhOxidUDm7kzl3g?feature=watch
January, 2013
To Whom It May Concern:
”Please let this letter act as a letter of reference for Matt Coletta. I am the founder and Seller of an auto parts manufacturing company which I started over 25 years ago. We manufacture high-end exhaust systems in a state of the art facility in Los Angeles County.
After many successful years in the business, I decided it was time to sell. I researched Business Brokers throughout Los Angeles County and interviewed several Brokers. I decided to go with Matt Coletta because of his experience, professionalism and quick responsiveness to my questions. Matt presented me with a thorough presentation on everything that was involved in selling my business. He created a detailed package including a financial analysis showing the financial position of my business as well as the history of my business. He screened all potential buyers and did not waste my time with anyone unless they had the experience and financial capability that we established upfront.
Matt presented several candidates and we settled with a buyer who ended up purchasing the business. Matt managed the entire process in a professional matter. He assisted me with everything I needed to do during the process. After the buyer completed their due diligence, Matt prepared all the documents/contracts and we opened and successfully closed an escrow within 3 weeks. I am please with the results and with how Matt handled all aspects of the transaction.
I would highly recommend Matt to any business owner looking for a Certified Business Broker to assist them in selling their business in a professional matter.”
Chuck A, President: Auto Parts Manufacturer (Seller)
Prospective Client:
“ I recently closed escrow on an Auto Parts Manufacturing Business in Los Angeles. The business was represented by Matt Coletta. After qualifying me, Matt provided me with a detail package including a financial analysis showing the historical financial position of the business. The package was thorough and initially answered many of my questions about the business. This helped me determine an interest in the business and after several conversations with Matt we set up a site visit. We ended up putting in an offer and ultimately purchased the business.
Matt was instrumental in this process. Always available to address concerns or questions. He managed the entire process in a professional matter. I have been involved in many business transactions in my previous life in the corporate world and I would say Matt is a true professional and does what is fair for all parties involved. I would highly recommend him to anyone looking to purchase or sell a business.”
Eric Bloom, Auto Parts Manufacturer (Buyer)
“I am writing this letter of recommendation to give other owners of businesses the confidence to entrust their sale in the competent hands of Matt Coletta. Matt was referred to me by my CPA whom I trusted to steer me in the right direction. I was seeking a qualified experienced Certified Business Broker to find the right buyer for my business. Matt explained in detail the process of selling a business, how the value is determined and what was involved in selling businesses in this current economic environment. He created a detailed financial analysis and package describing all the features and benefits of my business. Matt also was sensitive to the emotional aspect, as this was a business that meant a lot to me to find a buyer that would grow the business.
Matt discussed my business with several potential candidates and indentified a handful of buyers that met my requirements. He facilitated several meetings and discussions with the candidates. We identified one particular candidate that appeared to be a great fit that gave me the confidence to move forward.
Matt then structured the due diligence process so that the buyer could review my books and records. I underestimated what was involved in the process but Matt was there every step of the way guiding me and addressing my many questions. Once the buyer approved my books and records we moved forward to a purchase agreement. We negotiated a purchase agreement for over a week covering all the terms and conditions of the sale. An escrow was opened in April, 2012 and 3 weeks later we closed the transaction.
Matt’s expertise and experience was instrumental in this entire process. I had no idea about all the details that were involved in selling a business and how complex it was. Matt was there to answer questions and explain the process, always available to me by telephone or to meet. I would highly recommend Matt as a Certified Business Broker to others looking to sell their business.”
Lori Solomon, Health Care Service Business (Seller)
“We hired Matt to sell our Distribution Business which has been in our family since 1936. Matt was referred to us by our long time Financial Advisor. We had no idea what was involved with selling a business and all the details that were required. Matt was so attentive to our needs and was there every step of the way. He worked with us, our bookkeeper and CPA to create a detailed financial summary and package. We had several interested parties and finally settle with a buyer who we thought was the best fit for us and closed escrow in September, 2012. Matt knew our business inside and out and was instrumental in assisting us and the buyer through the entire process including due diligence, preparing the contracts, the escrow process and closing. If we ever had a question or concern, Matt was always there to explain it and make sure we were comfortable before moving forward. Matt explained the importance of seller finance and helped us feel comfortable with carrying a note for the buyer which was instrumental in finally selling our business. We are so thankful that we can now retire and do the things we enjoy. We are going to miss working with Matt and we are pleased to recommend him to anyone looking to sell their business.”
Bill and Nancy Casle, Friction Material Distribution Company (Sellers)
“I hired Matt Coletta to represent me in the sale of my Box Manufacturing Business. This business has been in our family for almost 50 years and it was a difficult decision to sell. Matt provided a lot of insight on the process and addressed all my concerns given the current environment. He analyzed our financials and recommended a fair price and structure. He created a professional package that gave interested parties the history and information they needed to determine if there was an interest. Matt learned all aspects of our business and was able to screen buyers so that we did not have to waste our time. We met with several buyers until we found one that we felt was the best fit to continue our legacy and provide security for the employees who have been with us for over 30+ years. Matt was with us every step of the way including showing the business, addressing questions, negotiating the deal, assisting us with due diligence, drafting contacts and managing the entire process from beginning to end. I am so glad that Matt was there to guide us thru this complex process. We closed in August 2011, so I can now pursue my other interest. Matt has become a friend and a trusted advisor. I would highly recommend Matt if you are looking for a true Professional.”
Maury F, LA Box Manufacturer (Seller)
Dear Matt;
“Larry and I want to thank you for your professionalism and excellent representation with the Box Company. We very much appreciated your responsiveness, “take charge” approach and managing everything to complete the transaction. You were very helpful in our analysis of the business and the due diligence process. You facilitated a very smooth transaction and closing.
Again, thank you for everything you did to make this an enjoyable transaction. Based on our experience we would definitely retain you and your firm again. We would also highly recommend you to other Business Owners and Entrepreneurs who are looking to sell or buy a business.”
Very best regards,
Keith S, LA Box Manufacturer (Buyer)
“I am a principal in a private equity firm that has bought and sold numerous companies over the last 10 years and have dealt with many different business brokers over this period. Recently we closed a transaction to purchase a manufacturing company represented by Matt Coletta. Based on this experience, I am confident to say that Matt is one of the stronger brokers I have come in contact with. He demonstrated extensive knowledge and showed great professionalism throughout the process and was instrumental in solving several issues that came up in the transaction. When we decide to sell our next business I will certainly consider having Matt represent us and would highly recommend him to business owners looking to sell their business.”
Chuck O, Principal, Private Equity Group (Buyer)
“Matt, thank you for your assistance in the sale of my Robotic Manufacturing business. After starting this business from nothing, manufacturing over 170 robotic exhibits and operating the company for over 20 years, it was not easy to sell my company. I appreciate your patience and availability every step of the way to make sure everything went smoothly. You were always available to address my concerns and questions. You explained things in detail and always made sure I understood before going forward. Thank you for all your assistance and allowing me to fulfill my dream to retire in peace.”
Jun J., Robotic Exhibits (Seller)
“After interviewing several Business Brokers, we hired Matt Coletta to assist us in selling our business in Woodland Hills, California. Matt worked hard to acquire a buyer and to help us prepare what was needed for the sale. He gave us great direction and advice in regards to the process of selling our business. Once a buyer was obtained he handled all aspects of the transaction including the transfer of our lease which was challenging to say the least. He represented us very well especially with the landlord who was difficult. This transaction was very challenging and Matt met every challenge head on and professionally. He is very knowledgeable about the practices of selling and buying a business. He doesn’t mess around and he gets right to the heart of the transaction and really fights for you and does what is fair for everyone.
I would absolutely recommend Matt Coletta to anyone who is looking for an honest, professional, hard working Business Broker.”
John Paul & Andrea Jones, B-B, Inc. (Seller)
“Matt, everything is going well here. I just wanted to let you know you did a great job brokering this deal and I would not have known about Bellaire but for your detailed descriptive verbal pitch of this business. Thank you for your help on this!”
Roy Gorin, Bellaire Metals (Buyer)
“Matt Coletta’s professionalism, knowledge and diligence were instrumental in properly preparing me for the sales of my Manufacturing Business. It was a difficult business to sell, and I found Matt’s approach and character never to be discouraged. Your understanding of my business was key in finalizing the sale.”
Steve Paquett., President, MarVista Holdings, Inc. (Seller)
“Unlike most brokers I dealt with over the past two years, Matt proved to be very knowledgeable about all aspects of the company. He was able to conduct a tour of the facility without the owner present, providing detailed explanations of the manufacturing process and answering all questions. I was very impressed with his grasp of the company’s market niche and potential for growth. Once I decided to make an offer, Matt followed thru working thru all the details from the Purchase Agreement to the closing of escrow. Matt set up a schedule and worked with the seller and I as well as the escrow company to meet all the milestones on a timely basis. He resolved issues quickly so that the sale went smoothly and closed on schedule. I would highly recommend him.,
Steve Goldenberg, President MVH Holding Company, Inc. (Buyer)
“Matt Coletta’s attention to detail gave us great confidence that every aspect of the complex selling process of our company would be properly addressed. We were impressed by his ability to overcome various challenges and issues on the part of the buyers and put them at ease. His ability to handle numerous problems was instrumental in keeping the negotiations on tract and bringing the sale to a successful conclusion.”
Paul Newman, CEO, Awning/Shade Manufacturer (Seller)
“I am writing this letter to express my sincere gratitude for the professional and ethical manner in which you assisted us with identifying, evaluating and purchasing a business that met our criteria. During the eight months of our relationship I have grown to trust and respect your advice and counsel. The result of our relationship was the identification of a company that we are very excited about. During the due diligence process we have gotten to understand the company and are very confident that the investment that my wife and I are making will meet both our personal and investment objectives.”
Don Wood, President, Awning/Shade Manufacturer (Buyer)
“Matt Coletta represented the successful sale of my business. His professionalism, knowledge and diligence were instrumental in properly preparing me for the sale of my business. He prepared me for some of the obstacles we faced that I was unaware of or did not expect and handled them quickly and efficiently. With Matt’s expertise, the negotiations went very smoothly. Matt was always a step ahead, from finding the buyer to handling the due diligence process, closely managing and monitoring the sales transaction to the closing of escrow.”
Nick Racher, President, U.S.L, A Division of Valley Crest Landscape Inc. (Seller)
“Matt Coletta’s extensive knowledge and understanding of the current market place was an advantage in locating and securing the business that fit our criteria. Throughout the process, Matt showed an unwavering dedication to create an effortless transition for both parties involved. My personal experience with Matt’s skills in purchasing a business has made it clear that his involvement in the buying or selling of a business is necessary, if not mandatory, to insure a successful closing and transition.”
Paul Frederick, President, U.S.L, A Division of Valley Crest Landscape, Inc. (Buyer)
“Thank you for helping me sell my Commercial Landscape Company and retire after 30 years. The way you managed the process from valuing my business, finding a buyer, due diligence thru the escrow and closing was all done professionally and in a timely matter. I am now off to fulfill my dreams with the Peace Corps. Thank you so much.”
Robert Caughlian, President, American Commercial Landscape Services Inc. (Seller)
” I want to thank you for all the hard work you put into selling our 20 year old company. When Steve and I interviewed you, we really felt that you were a professional. Our impression was correct! It took a lot of working together to make this happen. You were there every step of the way, guiding and ensuring that it would all come out just fine, and it did. You found the ideal buyer and the 7- figure price was certainly right. Things really couldn’t have gone better.”
Steve and Liz Ferris, Ferris Commercial Painting Company (Seller)
“Please accept my appreciation for successfully handling the sale of my Wholesale Distribution Company. Your professionalism, knowledge and diligence were instrumental in properly preparing me for the sale of my business. Your submission of qualified buyers greatly decreased unnecessary work, allowing me to focus on managing my business. During the actual negotiations, you did an outstanding job. Those negotiations were smooth, non-confrontational and it seemed that you were always a step ahead. From leading the buyer to obtain proper financing to closely managing and monitoring the sales transaction to the closing of escrow, you did it all with class!”
John Roskowski, President, JD Bar/Thurman’s LLC (Seller)
“We are about to finish the training period following the sale of our business. And with a better perspective I want to thank you for working so hard on our behalf to find the correct buyer who will be able to continue running the business successfully. When we approached you and hired your services as our Business Broker we knew that in such tough economic times, finding the suitable buyer would be challenging. You worked diligently to understand the nature of our business, its specialty and the company’s culture. You found the buyer faster than anticipated, directed us on what to prepare and which reports to present, answered the many questions we had patiently and were always available to discuss our concerns. Your explanation of Seller Finance was spot on and instrumental is structuring a successful deal. We are grateful and wish you all the best and would highly recommend you to anyone looking to sell their business.”
Dorit P., President, Construction Management Co. (Seller)
“Matt Coletta represented us in the successful sale of our business. His professionalism, knowledge and diligence were instrumental in properly preparing us for the sales transaction. He prepared us for the obstacles we faced that we were unaware of or did not expect, and handled them quickly and efficiently. Matt also explained to us how the value of our business is determined and how important seller financing is in structuring a successful deal. He explained all the benefits and details of seller financing and how we would be protected. He also showed us how seller financing created a higher value for our business. We had a few challenges with the transaction, but Matt was able to work them out in a manner that was fair to both us and the buyer. Matt was always a step ahead, from finding the buyer to handling the due diligence process to dealing with the landlord, closely managing and monitoring the process thru the closing of escrow. I would highly recommend Matt Coletta to my friends and associates for the dedicated services he provided. Thanks to Matt, after 18 years of operating our business, we can now move forward with our retirement plans.”
Jim & Kathy Deer, (Seller)
“Thank you for handling the sale of my Father’s medical clinic. It was a difficult time for our family as my Father’s cancer progressed. It was a hard business to sell given the circumstances. You presented qualified buyers and we were able to choose the best Doctor suited to the patients our clinic services. My family and I thank you for handling this smoothly and quickly.”
Joe Anton, Valley Medical Clinic (Seller)
“Thank you for your assistance in helping me sell my 22 year old Home Health Care Business. When we first met, I had no idea what was involved in selling my business. I appreciate your patience in explaining everything to me and being there every step of the way. I don’t think I would have been able to do it without you. You have become a trusted friend and I would highly recommend you to anyone looking to sell their business.”
Marylyn Marvilla, LA Home Health Care (Seller)
“On behalf of our corporation I would like to express to you our great appreciation and gratitude for your hard work in completing our purchase. Your support and bright ideas were always helpful, especially through the unusual circumstances that were surrounding this deal. Frankly many times we were on the edge to call off the whole deal but you were always encouraging us to go on and never gave up hope. It was a pleasure to do business with you and we look forward that in the near future we would be able to do it again.”
Ben Hensworth, D & M Foods Inc. (Buyer)
“I have been a California business attorney since 1980, during which time I have been responsible for a number of business sale transactions. In 2001, one of my clients utilized the services of Matt Coletta. My client was thrilled that Matt found the right buyer for her business, and I was pleased to find Matt to be both responsive and knowledgeable with the legal issues of the transaction. Since that time, Matt Coletta and I have assisted each other in a number of other sale transaction. I have also referred several of my clients wishing to sell their businesses to Matt. It is always a pleasure to work with him and I recommend his services to anyone looking to Buy or Sell a business.”
Rosser Cole, Business Attorney
“I have dealt with many Business Brokers over the years. Matt has a tremendous amount of experience in the world of business sales and acquisitions and works hard to get the job done right. Matt has excellent people skills and delivers on his promises. I have recommended many of my clients to Matt and they have been very impressed and satisfied with his work.”
Seth Haye, Vice President, Smith Barney
“Matt is a top-notch professional in his field. In our work preparing companies for sale, Matt’s name is one we often mention when the size of the company indicates a certified business broker is needed to sell the company. I would highly recommend Matt.”
Steven Craig, President, Structured Partners
“ As a CFO for hire, I represent several owners of Manufacturing, Distribution and Service Businesses. I have worked with Matt on several transactions and have been impressed with his knowledge and ability to prepare a business for sale and to resolve the many issues that come up during the transaction. Matt was proactive and knew ahead of time what was needed to keep the transaction moving forward so as not to jeopardize the momentum. I would highly recommend Matt to anyone looking to sell their business in a professional manner”
Amy Etin, Controller For Hire
“Matt brings to the table years of valuable insight and experience. I have worked on several transactions with Matt and his detailed approached to selling a business will have a positive effect on his client’s bottom line. As a CPA I have worked with many business brokers and I can say without question that a business owner will not be disappointed in their decision to engage Matt. Matt is extremely professional and his firm is recognized as the Premier Business Brokerage Firm in the Western US. I would highly recommend him.”
Jim Cagle, Partner / CPA, Allegent Group LLP
“I refer Matt Coletta every time I have a client or colleague who is thinking at buying or selling a business. Matt’s attention to detail and depth of expertise is what makes him the best in his field. He always has the best interest of his clients in mind. He handles each transaction in such a professional manner that everyone involved is keenly aware that he truly is an expert in Business Sales and Acquisitions.”
Jerri Hemsworth, President, Newman-Grace LLP
“As an attorney representing closely-held family businesses, I have reached out to Matt many times for his assistance in helping my clients sell or purchase a business. His experience and insight have been instrumental in accomplishing my client’s goal. I would highly recommend Matt to anyone looking to prepare and sell their business for its maximum value.”
Mike Balikian, Business Attorney
“Matt was relentless in helping clients of mine sell their business recently. He is professional, knowledgeable, and determined to help his clients accomplish their goals.” Matt is our go to guy for our firm’s client looking to sell their business.”
Andrew Levinson, Partner / CPA, gishSEIDEN LLP
