From the monthly archives: June 2016

We are pleased to present below all posts archived in 'June 2016'. If you still can't find what you are looking for, try using the search box.

SOLD: Landscape Maintenance & Installation Company in North Houston

From top to bottom, left to right: Sellers (2), Rose Stabler (CBB Broker), Buyers (3)

The Seller started this landscape installation and maintenance company in 2004. It operates in the rapidly growing Woodlands - Magnolia - Tomball corridor. The company offers a suite of services such as landscape maintenance, installation, fertilization, mulching and lighting. The guts of the business is run through an online program that puts automated billing, scheduling, crew tracking, and email marketing literally at your fingertips. The business operating system allows for scalability and substantial expansion potential and a recurring revenue base makes up greater than 60% of sales, which provides a stable platform for future growth.

The Buyer is the owner of a wholesale and retail nursery that operates in the same Woodlands - Magnolia - Tomball corridor as this landscaping company. With this acquisition the buyer will now have a full-service landscaping company that offers landscape products, landscape design and installation, and maintenance services.

The Seller and Buyer will be working together during the transition. Some seller financing was involved in the deal.

Rose Stabler listed and sold the business.

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SOLD: Systek Computing / Net Perspective

From left to right: Robert Karnes (Buyer), Craig & Carol Paull (Sellers) Craig Paull started Systek Computing in 1999 near the Bryan/College Station area. This managed IT solution provider delivers networking, instore/onsite computer repair services, graphics and web design and custom software to commercial and residential clients. The company has won numerous awards and has over 7000 customers, of which most are repeat clients. Other drivers of the company's value were a 15-year no-escalation lease in a perfect location, a long-term very well-trained staff, a stable recurring revenue stream from yearly maintenance contracts, and a niche market poised for growth.   The Buyer, Robert Karnes, had been looking for a business to purchase for a year prior to coming to our firm and this was the only business he looked at with us. Mr. Karnes is the president and owner of Field Services Integrated Solutions (FSIS), an IT company founded in 1986 and provides maintenance of satellite communication ne ...

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