May 3, 2013
For Immediate Release
Bridge Ventures announced today that it assisted in the sale of Advanced Hearing Services of Chicago, IL to a regional competitor. The transaction closed on April 30, 2013. Bridge represented the seller on an exclusive basis in this transaction. At the buyer’s request, their name will not be disclosed in this announcement.
Like most of Bridge’s clients, the seller operates in a rapidly consolidating industry. Bridge’s experience with consolidating sectors and its extensive industry contacts allowed it to attract multiple qualified and well-capitalized buyers. The seller was able to choose among multiple competing offers and partner with a company that ultimately proved to be the best fit, both financially and for the future health and sustainability of the practice.
About Bridge Ventures
Bridge Ventures is a middle market merger and acquisition firm specializing in assisting privately held companies with revenues ranging from $500 thousand to $50 million. Bridge focuses on assisting business owners in rapidly consolidating industries, with an emphasis on the healthcare and business services sectors. If you are a business owner thinking about selling your company, contact Bridge Ventures directly to find out how they can make the sale of your business a success.