Ted owned Caring Hands, a non-skilled care agency in the Midwest, and was looking to retire in 2 to 3 years. However, his children showed no interest in taking over the business, adding a layer of complexity to his retirement planning.

Like many business owners, Ted had never considered the path to his desired retirement. The day-to-day operations of his business often took precedence, leaving little time for long-term planning. However, our initial consultation with Ted marked a turning point. Thanks to the guidance and support of our team at Aventis, we transformed Ted's retirement from an abstract idea to a tangible goal,

Ted’s retirement goals were clear and unique. He wanted to secure a comfortable future for his family and enjoy his golden years free from the daily responsibilities of running a business. To meet these objectives, we collaborated with our expert team to design a tailored sales strategy for Ted, ensuring his financial needs and aspirations were fully met.

Since Ted had previously gotten his business valued from a reputed vendor, we already knew the value of the business, and the offer was as simple as presenting a few options for Ted to choose from, all tailored for him. So it was a fairly simple choice for Ted. Only one day later, Ted accepted the contract, and we were ready to go.

After the due diligence, we closed the deal and took on the responsibilities of running the business.

Ted became overjoyed and enormously relieved when he witnessed how we successfully handled his business -- ensuring all his employees were protected and patients continued to receive the excellent care they're accustomed to.

Whether sellers mention it or not, most sellers are concerned about the well-being of their employees, and Ted was no different. Not only did we retain all existing employees, but we also hired many more. Additionally, we started offering employees benefits - something the company had never done before. We also leveraged our network to find an executive locally, Jim, who would take over from Ted after he left. Ted mentored Jim for 3 months, and when Jim was all set, Ted was confident that the future of the business was in safe hands.

Just nine months after the sale, the owner is stepping down from the day-to-day operations. He is now taking the handsome payout from the sale to build the house of his dreams by the lake, where he hopes to create many happy memories with his family for years to come.

There’s a story behind every acquisition, and we cherish being a part of Ted’s - helping him realize his goals for retirement while protecting what made his business, Caring Hands, so special in the first place.