Who We Are
Morgan & Westfield, Business Brokers of Raleigh, North Carolina. Morgan & Westfield is one of the largest fee-based business advisory firms in North America with offices located throughout the United States. Strategically located in Wake County, our Raleigh, North Carolina (NC) office sells businesses in Granville, Franklin, Nash, Johnston, Harnett, Chatham, Durham, and Wake Counties; and the major cities of Raleigh, Durham, Chapel Hill, Wake Forest, Sanford, Wilson, and Benson. If you are looking to sell your business, then call us today at (919) 948.7000.
Partnering with a national business broker gives you maximum exposure when selling your business; allowing us to attract buyers from both North Carolina, and on a national basis. This mix of global reach and local expertise enables us to maximize the exposure of the businesses we sell while maintaining a close, personal relationship with you throughout the process. We work with individuals and corporations, representing closely held businesses of all types.
Sell a Business: Middle Market (Gross Revenue more than $5 Million)
At Morgan & Westfield, we target privately-held companies with annual sales ranging from $1 million to $30 million or more. You will work directly with our experienced Corporate Middle Market Team in conjunction with our local Raleigh, North Carolina office. We help you in all phases of the transaction; from preparing your company for sale, establishing a valuation and asking price, preparing key documents, market and competitive analysis, preparing an offering memorandum, creating a marketing strategy, qualification of prospective buyers, negotiation, due diligence and orchestrating the closing. Our team of professionals brings decades of experience to each transaction and we work as a team with our clients and their outside professional advisors to offer practical and market-driven advice. Our Middle Market professionals provide assistance in the following key areas:
- Pre-sale strategic planning and consulting
- Preparing the company for sale
- Market, competitive, and strategic research and analysis
- Targeted industry research
- Creating an offering memorandum
- Preparing a valuation and asking price range
- Preparing normalized financial statements
- Review of key documents, financial statements, and tax returns
- Development and implementation of a marketing strategy
- Screening and qualifying prospective buyers
- Facilitating due diligence
- Preparation of due diligence checklist
- Coordinating due diligence and activities of all parties involved
- Transaction and deal structuring
- Facilitating closing
- Post-closing guidance
Business Valuations | Business Appraisals
Morgan & Westfield is dedicated to either working with you or contracting with a third-party appraisal company in helping you obtain a business valuation or business appraisal at the lowest possible cost. At Morgan & Westfield, we are specialists in selling businesses and have had decades of experience in business sales. This experience is important when it comes to valuing a business with the intent to sell your company. Companies that specialize exclusively in business appraisals often do not have an in-depth understanding of buyer’s needs and wants. Having this knowledge is paramount in pricing your company to sell.
At Morgan & Westfield, the majority of our in-house valuations are prepared for individuals or companies who wish to know the worth of their company for the purpose of selling it. For court-ordered appraisals and any other appraisal not relating to selling a business, we contract with third parties at discounted rates. We perform the fieldwork directly, assisting with data gathering, questionnaires, financial statement normalization, and the other tasks involved in appraising a business; and then jointly work with the company to finalize the appraisal.
We also perform business appraisals for the following purposes:
- Alternative dispute resolution (ADR)
- Bankruptcy and insolvency
- Business interruption insurance
- Business and strategic planning
- Buy-sell agreements
- Buying or selling a business
- Compensation planning or disputes
- Economic damages
- Eminent domain
- Employee Stock Option Plans (ESOPs)
- Estate, gift, and income tax
- Exit planning
- Family limited partnerships (FLPs)
- Financial accounting
- Financing
- Goodwill impairment (SFAS 142)
- Litigation support
- Lost profits
- Management information
- Marital dissolution (divorce)
- Mediation
- Mergers and acquisitions
- Minority shareholder disputes
- Ownership transition
- Partnership disputes
- Purchase price allocation (SFAS 141)
- Planning (tactical or strategic)
- SBA loans: SOP 50-10 (5)
- S corporation conversion
- Stock option plans
- Tax compliance
- Tax planning
