| A landmark study on Mid-market Business Broker client
relations will be presented at the Semi-Annual International
Business Brokers Association (IBBA) Conference Scheduled for the first week in June
1998. Three years ago the
Merger & Acquisition Source, a division of the IBBA, charged a committee lead by
William Victor May CBI, President of Stonemark
Investment Bankers of Seattle, Washington to study the methods and trends mid-market
Intermediaries employ to contract with the buyers and sellers of medium sized and larger
businesses.
May undertook a detailed study of reams of
individual member engagement agreements, interviewed over 100 Intermediaries and a like
number of corporate and investment groups nationwide about the challenge of authoring and
enforcing service agreements. Some 200 hours went into completing the work.
From this investigation May has compiled a
handbook and videotape presentation entitled "Rules of Engagement" for M&A
Professionals. The results of his work will be presented at the International conferences
to be held in New Orleans, Louisiana June 5th, 1998.
Jim Afinowich, chairman of IBBA' Education
Committee says, "A great deal of time has been invested in this project. I have
previewed Bill's work. Members will be astonished at what has been learned and the
recommendations he will be making." Over 500 Business Brokers and Intermediaries are
expected to attend the conference from Europe, Australia and South America, as well as the
US and Canada.
William May is an author of a half dozen
books on the subject of buying and selling business enterprises for buyers, sellers,
advisors and brokers. He is a frequent speaker and teacher at classes and conferences in
the US and Canada. Often referred to as "The dean of American Business Brokers,"
May is known for presentations that are as entertaining as they are educational. Rules of
Engagement and other books are available at Stonemark University www.StonemarkUniversity.com.
IBBA is the largest association for
business brokers. The organization confers the designation of Certified Business
Intermediary (CBI) on those members who to complete comprehensive courses and stringent
testing. The upcoming conference, including extensive continuing education courses, will
be will held June 1-6, 1998 in New Orleans, Louisiana. For further Information visit the
IBBA's web site at www.IBBA.org.
END
Stonemark Corporation is a leading
National Merger & Acquisition Investment Banking Firm. Founded in 1979, the firm
provides a full range of intermediary services such as Acquisition Services, Business
Brokerage, Capital Arrangement, Debt Placement, Equity Participation, and Financial
Consulting. The firm has handled the sale of hundreds of transactions and has over
200 affiliates nationwide.
For more information, contact:
Ron Lee
phone (206) 343-7777
fax (206) 628-0839
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Inc.
PO Box 21305
Seattle, WA 98111-3305
Phone (206) 343-7777
Fax (206) 628-0839
Email Webmaster@Stonemark.net
This page updated on 08/15/02. |
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