The Client:
The Anstadt Company is a fifth-generation family owned integrated marketing and graphic communications company headquartered in York, PA, providing a collection of brands to generate demand.
The Challenge:
As an advisor and business partner to Anstadt, RKL supported the company through its growth and expansion, including assistance with acquisitions of competitors and family succession strategies. When Anstadt’s latest acquisition target was represented by an investment bank, company leadership tapped into RKL’s sophisticated transaction advisory expertise to help them express their interest according to the explicit criteria of this third party-managed transaction.
The RKL Approach:
Drawing upon their keen understanding of Anstadt’s business model and financial history, professionals from RKL’s Tax Services Group collaborated with firm consultants experienced in business sales and investment banking to compile and submit a formal indication of interest and subsequently a detailed letter of intent. This deep familiarity with Anstadt and its leadership, coupled with extensive transaction expertise, meant that RKL was able to go beyond the minimum requirements and establish Anstadt as the best buyer for the target.
Thanks to its success in positioning Anstadt as the exclusive buyer, company leadership entrusted RKL to continue to lead it through the official transaction process. From financial projections for bank financing to extensive due diligence into the target company’s finances to advising legal counsel in drafting finance-related sections of the definitive agreement to establishing an appropriate level of working capital, RKL managed the entire process with Anstadt’s best interests in mind and flagged risk areas along the way.
The Results:
With the comprehensive support of a cross-disciplinary RKL team, Anstadt was able to move through the acquisition process with confidence and security. This trusted guidance didn’t stop once the ink was dry on the agreement – RKL also provided ongoing assistance to manage post-closing issues, including 100-day planning, financial and operational integration and closing balance sheet preparation. Tapping into RKL’s full spectrum of advisory services for guidance on complex transaction matters allowed Anstadt to focus on its continued evolution.
To learn more about how RKL can drive real results for your organization, send us a message or contact one of our local offices.
