CHARLOTTE, N.C., March 29, 2016 /PRNewswire/ -- Viking Mergers & Acquisitions, a middle-market M&A firm based out of Charlotte, NC has finalized the partnership merger for well-known regulatory company, Safety United. Safety United was founded in 1987 by Edward Oliver, who was bought out in 2009 by his son, Josh Oliver. Safety United focuses on providing OSHA approved safety and regulatory solutions to businesses that are not currently in compliance with approved standards.
"After working in the business since the 1990s and owning it for 7 years, I was ready to take the next step and plan my exit," says Josh Oliver, owner of Safety United. Josh Oliver enlisted Peter Keretsis of Viking Mergers & Acquisitions to assist in the sales process. "Josh and his father have built a fantastic business," says Peter Keretsis. "I knew we would be able to secure a buyer relatively quickly," he continues.
Within just 2 months of listing the business, Joe McNamara made an offer to purchase. "Joe turned out to be a great fit so we decided to pursue a merger instead of a sale," says Josh Oliver. Joe and Josh will both be staying on as equal partners at Safety United and plan on growing the business through service diversification and developing new programs on a national scale. "I am ecstatic to be coming on board at Safety United," says Joe McNamara. "Together, Josh and I will be able to do great things for the safety industry in North Carolina."
About Viking Mergers & Acquisitions
Founded in 1996 by Brad and Jay Offerdahl, Viking Mergers & Acquisitions was established with the vision of providing customized exit strategies and M&A mitigation to middle market business owners. Since their inception, Viking Mergers & Acquisitions has sold over 500 businesses across the Southeast. Their intermediaries have over 100 years of collective experience in business transactions and nearly 75% have owned a business of their own. Viking proudly boasts a closing rate that is 3x the national average and businesses that sell for 95+% of their asking price.
To learn more about Viking Mergers & Acquisitions, please contact their office today at (704) 676-0940, or visit www.vikingmergers.com to see active business listings or request a valuation for your business.
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SOURCE Viking Mergers & Acquisitions