Lori Solomon, Health Care Service Business (Seller)

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.