Mergers & Acquisitions

Elgin, Illinois Business Brokers | M&A

Spectrum Drive, Elgin, Illinois, 60124

Call Us: (888) 693-7834

Who We Are

The Office of Morgan & Westfield in Elgin, Illinois. If you are contemplating selling a business in Northern Illinois, contact the Elgin, Illinois, office of Morgan & Westfield today to learn how we can help. We provide business brokerage services for local business owners in the area of Cook and Kane counties. Our team of professional business brokers assists business owners throughout Northern Illinois with selling their businesses. We offer services that support and guide you as you go through the process of selling your business, with the goal of making it as simple and as stress-free as possible. Our business brokers pride themselves on always being there for our clients and doing everything possible to facilitate the often overwhelming task of selling a business.

Facilitating Confidential Business Sales

In addition to being a constant source of advice, we also work to protect you. Our business brokers take your privacy seriously, and we will do everything within our power to guard it at all times. One of the key ways that we guard your privacy is by placing an emphasis on selling your business as discreetly as possible. This includes employing confidential marketing techniques, using non-disclosure agreements and making very few people aware of your business’s impending sale. Our business brokers recommend using each of these tactics for the following reasons:

  • Confidential Marketing: We provide confidential marketing services that allow us to both advertise the sale of your business and protect your business’s anonymity. This is important because, if your competitors become aware of the sale of your business before the sale is completed, they may see it as an opportunity to gain market share. A similar issue exists if your customers discover the impending sale; they may take their business to a competitor. Either way, you could lose market share if the sale of your business becomes public too early in the process. This will result in a decrease in the market value of your company and make your business far more difficult to sell.
  • Non-disclosure agreements: It is important that anyone who receives information about your business or its impending sale sign a non-disclosure agreement. This agreement is a legal contract that prevents anyone from divulging privileged information. This represents an important step in protecting your privacy and preventing any information leaks about the impending sale of your business. Failure to utilize a non-disclosure agreement when communicating with third parties about your business’s sale can result in damaging information leaks, which will impact the value of your company.
  • Keeping the impending sale of your business private: At Morgan & Westfield, we recommend that you wait until after the sale has been finalized to tell anyone about the sale of your business. This helps to prevent information leaks and minimizes the chances that your customers or competitors will prematurely discover that your business is being sold. As part of this, we recommend that you do not even make your employees aware of the business’s impending sale until the process has been completed. We also recommend that as you go through the process of selling the business, you continue to run your business normally. This will help to eliminate any suspicions about your business’s status, and it will also help to maintain your business’s market value. By keeping the sale as private as possible, you are safeguarding against any information leaks that may affect your privacy or your business’s value.

For all of these reasons, it is of the utmost importance that your confidentiality is maintained at all times. Failing to do so could cause costly information leaks and significantly damage the market value of your business. Our business brokers understand these issues and are committed to maintaining your confidentiality at all times.

Selling a Business in Elgin Illinois

If you are selling a business, it is important that you get the assistance of a qualified business broker. A qualified business broker will handle all of the details for you and provide you with all of the information that you need to successfully sell your business. But above all else, the main function of any business broker is to make the process of selling your business easier for you. They should have local knowledge of the marketplace and community and be there for you at all times.

At the Elgin, Illinois, office of Morgan & Westfield, these ideal qualities perfectly describe our business brokers. We are local business brokers with the ability to assist you in every aspect of selling your business and pride ourselves on being there for you at all times. If you are selling a business in Northern Illinois and you want to work with a team of professionals that exemplify each of these ideal qualities, contact the Elgin, Illinois, office of Morgan & Westfield. Allow us to explain how our team of local business brokers can help you sell your business.

Our business brokers have hundreds of years of combined experience in facilitating business sales throughout Northern Illinois. We have been particularly successful in the cities of Aurora, Batavia, Elgin, St. Charles, Geneva, Barrington, Carpentersville, Burlington, Hampshire, Elburn, Wheaton, Naperville, Cicero, Schaumburg, Oak Brooke, Skokie, Lake Forest, Woodstock, Rockford, and Chicago. We have also worked with many business owners in the communities that surround this region of Northern Illinois.

Through our years of experience in this region, we have gained a plethora of local contacts, including fellow business owners, investors that may be interested in purchasing businesses, former clients, and other industry professionals. Our relationships with these contacts allow us to maintain a strong connection to the communities in which we serve. This strong local connection enables our business brokers to have a better understanding of the local business market. Our combination of market knowledge and connections in the local communities is one of the major advantages of partnering with Morgan & Westfield.

Business Brokers of Elgin, Illinois, Morgan & Westfield

At Morgan & Westfield, we are proud of the reputation that we have established as being the business brokers that will have your back. Our business brokers pride themselves on always being there for you. As we guide you through the process of selling your business, we will handle all of the complex technical obligations for you. We will handle things like business valuations, creating and implementing marketing campaigns, screening potential buyers, securing funding for the sale and structuring deals.

By completing these complex and detail-oriented tasks for you, we work to simplify the process of selling your business. As part of our commitment to being your number one advocate, we will be there for you at all times as a source of information and advice. Our business brokers will remain available to answer any questions that you may have along the way, and we will work to keep you updated on the status of your business’s sale. When you enlist the assistance of the business brokers of Morgan & Westfield, you can rest assured that we will be there for you every step of the way.

Past Transactions - Business Sales or Appraisal

Following is a representative list of past transactions we have worked on:

Ambulance Service
Private Households
Vending Machine Route
Automotive Parts Dealer
Private School
Jimmy John’ Gourmet
B2b Wholesale
Produce Market
Janitorial Distributor
Baby Products Retailer
Quick Lube
Liquor Store
Creative Artists
Quick Print Business
Little Caesar’ Pizza
Café
Rope, Cordage Manufacturing
Motion Picture Exhibition
Day Care
Route Distribution Business
Motion Picture Production
Domestic Representation
Rubber Manufacturer
Non-Metallic Mineral Mining
Embroidery Shop
Spa
Non-Metallic Manufacturing
Estate Planning Services
Stainless Steel Food
Onshore Aquaculture
Fabric Store
State Government
Ophthalmic Practice
Furniture Retailing
Tee Shirt Shop
Hobby Shop
Grocery Product Distributor
Trade College
Internet Publishing
Glazier
Trailer and Motor Retail
Ice Cream
Huntington Learning Center
Tyre Manufacturing
UP Store

Our Process

How can Morgan & Westfield help you sell your business?

Schedule a Consultation

Selling your business is the apex of your financial life. After investing your blood, sweat, and tears into an enterprise that has provided for you, your family and your employees, the moment has finally come for you to start a new chapter in your life.

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Client Stories

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The Complete Guide to Selling 
a Business: A Roadmap to the Successful Sale of Your Business

The Complete Guide to Selling 
a Business: A Roadmap to the Successful Sale of Your Business

Written by Jacob Orosz, Founder of Morgan & Westfield

You could spend a lifetime figuring out how to successfully sell your business and still end up confused or clueless. What if you can stop the guesswork and start taking action now? With two decades of experience, Jacob Orosz puts together in this book the best tips and strategies he has used in helping hundreds of business owners successfully sell their companies.

Read more

Hundreds of companies have trusted Morgan & Westfield, from franchises, small independent businesses to large corporations.