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Inter Commerce Enterprises. Was acquired by employees and a private investor

Inter Commerce Enterprises

Advisory Services

The Danto Group provided strategic consulting and exclusive seller representation for Inter Commerce Enterprises (customs brokers) in its acquisition by employees and a private investor.

In a tumultuous engagement that spanned nearly 18 months, the Danto Group represented the owner in the ultimate sale of the company to its employees, who were backed by a private investor. What started out as a straightforward engagement turned challenging with the death of a partner and subsequent settlement with the family estate.

With a buyer, letter of intent and funding secured, the engagement took another twist when the employees announced their desire and ability to acquire the company. The Danto Group helped the surviving partner settle the estate, negotiate the lawsuit brought by the first purchaser and close the transaction with the employees and private investor.