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JOINING OUR IT COMMONWEALTH
Many companies have grown by means of acquisitions,
but few have done so with such a stringent standard of
excellence in their selection process. The companies we
seek are the "best of the best", run by dedicated and
driven owners who are extremely successful at what they do.
Many of them are not even considering the sale
of their company. So what motivates these
owners to want to become part of our IT Commonwealth?
The entrepreneurs who run these companies are concerned about the
future. They want to maximize their potential but aren't sure how to
do it, or are lacking the resources. In today's economy, there is
very little likelihood that any small to moderate sized IT service
company will be a candidate for a public offering. Lacking a
public marketplace for their stock, they can only look to annual
earnings as the source of their personal income, which is subject
to ordinary taxation. And if they live in one of the higher taxed
states, the total tax bite can be very considerable. Despite the
success of their business, it is extremely difficult for them to
realize any significant payout.
These owners are also often beset with the "course of business",
involving time consuming and expensive obligations such as legal
matters, administration, etc.
An association with a public entity like ours, can remedy many of these areas.
We can provide
the opportunity for immediate partial liquidity at capital gains
rates, and also a method for increased key employee
stability through the issuance of stock options.
And of course, being part of a larger, more stable
organization also provides, among other things, emotional peace of mind.
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