{"id":6258,"date":"2021-07-22T11:44:29","date_gmt":"2021-07-22T15:44:29","guid":{"rendered":"https:\/\/newportllc.com\/?page_id=6258"},"modified":"2024-03-25T16:17:38","modified_gmt":"2024-03-25T20:17:38","slug":"ma-advisory","status":"publish","type":"page","link":"https:\/\/newportllc.com\/ma-advisory","title":{"rendered":"M&#038;A Advisory"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"6258\" class=\"elementor elementor-6258\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-cf73319 spd-3 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"cf73319\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-c866fc9\" data-id=\"c866fc9\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e1480dc elementor-widget-mobile__width-auto elementor-widget elementor-widget-html\" data-id=\"e1480dc\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h1 class=\"svg-title fade\">\r\n        <div class=\"svg-decoration\">\r\n           M&A\r\n            <span class=\"svg-decoration__text\">Advisors<svg class=\"svg-decoration__underline\"\r\n            xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"355.808\" height=\"34.074\" viewBox=\"0 0 355.808 34.074\">\r\n            <defs>\r\n                <style>\r\n                    .orange-narrow {\r\n                                fill: none;\r\n                                stroke: #FF8F00;\r\n                                stroke-miterlimit: 10;\r\n                                stroke-width: 11px;\r\n                            }\r\n                <\/style>\r\n            <\/defs>\r\n            <path class=\"orange-narrow\"\r\n                d=\"M10.5,14.754S360.583.383,360.583,11.161c-73.792,5.988-200.97,19.094-200.97,19.094\"\r\n                transform=\"translate(-10.274 0)\" \/>\r\n        <\/svg>\r\n            <\/span>\r\n    <\/div>\r\n<\/h1>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-650d2c9 fade elementor-widget elementor-widget-text-editor\" data-id=\"650d2c9\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Best-in-class sell-side advisory to premier middle-market firms across multiple industries.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-157c572 elementor-hidden-phone\" data-id=\"157c572\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ace395b fadeSlideUp scale-accent elementor-absolute elementor-widget elementor-widget-image\" data-id=\"ace395b\" data-element_type=\"widget\" data-settings=\"{&quot;_position&quot;:&quot;absolute&quot;}\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"715\" height=\"489\" src=\"https:\/\/newportllc.com\/wp-content\/uploads\/2021\/07\/woman-looking-at-chart.jpg\" class=\"attachment-medium_large size-medium_large wp-image-6264\" alt=\"Woman Looking At Chart\" srcset=\"https:\/\/newportllc.com\/wp-content\/uploads\/2021\/07\/woman-looking-at-chart.jpg 715w, https:\/\/newportllc.com\/wp-content\/uploads\/2021\/07\/woman-looking-at-chart-300x205.jpg 300w\" sizes=\"(max-width: 715px) 100vw, 715px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-eb6c9a2 spd-5 elementor-hidden-desktop elementor-hidden-tablet elementor-hidden-mobile elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"eb6c9a2\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-081a10f\" data-id=\"081a10f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-eb54ba2 fade elementor-widget elementor-widget-text-editor\" data-id=\"eb54ba2\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Newport\u2019s M&amp;A Advisors are some of the top M&amp;A advisors in the U.S. With extensive backgrounds from Wall Street to the lower middle market, and extensive experience and expertise in what are extraordinarily complex areas, we advise clients in three major areas:<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9c3794d fade elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"9c3794d\" data-element_type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-circle\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Preparing to Sell Your Business<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-circle\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Sell-Side Transaction Advisory<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-circle\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Buy-Side Transaction Advisory<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-7f1a746 fade\" data-id=\"7f1a746\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-82f11a3 elementor-widget elementor-widget-text-editor\" data-id=\"82f11a3\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>By definition, M&amp;A transactions can materially affect your wealth and risk profile. Our M&amp;A Advisors provide invaluable leadership to this process that has the potential to bring life changing, positive results to your life and the lives of your partners, employees, and all other constituents.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4c76c30 spd-5 elementor-hidden-desktop elementor-hidden-tablet elementor-hidden-mobile elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4c76c30\" data-element_type=\"section\" id=\"preparing-to-sell\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-d1eed52\" data-id=\"d1eed52\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b3e2727 fade elementor-widget elementor-widget-heading\" data-id=\"b3e2727\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Focus<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5c470f7 fade elementor-widget elementor-widget-text-editor\" data-id=\"5c470f7\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>We work with you early, deeply, and holistically to <strong>ensure the best possible results<\/strong>.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-465888b\" data-id=\"465888b\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1a52529 fade elementor-widget elementor-widget-accordion\" data-id=\"1a52529\" data-element_type=\"widget\" data-widget_type=\"accordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-accordion\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<h3 id=\"elementor-tab-title-2761\" class=\"elementor-tab-title\" data-tab=\"1\" role=\"button\" aria-controls=\"elementor-tab-content-2761\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">Ignore<\/a>\n\t\t\t\t\t<\/h3>\n\t\t\t\t\t<div id=\"elementor-tab-content-2761\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"1\" role=\"region\" aria-labelledby=\"elementor-tab-title-2761\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<h3 id=\"elementor-tab-title-2762\" class=\"elementor-tab-title\" data-tab=\"2\" role=\"button\" aria-controls=\"elementor-tab-content-2762\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">Preparing to Sell A Business<\/a>\n\t\t\t\t\t<\/h3>\n\t\t\t\t\t<div id=\"elementor-tab-content-2762\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"2\" role=\"region\" aria-labelledby=\"elementor-tab-title-2762\"><p>Once it is decided by our client that a sale is required or desired, then the Newport M&amp;A Advisory partners work to ensure the client is optimally positioned to \u201cgo to market.\u201d With a deep understanding of all the intricate dimensions of buyer demand, our M&amp;A Advisory partners work with you to substantively and optically prepare your company to attract maximum demand. From strategy to market position, to books and records, to execution and performance, our M&amp;A Advisory partners prepare you for one of the most significant business transactions of your life.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<h3 id=\"elementor-tab-title-2763\" class=\"elementor-tab-title\" data-tab=\"3\" role=\"button\" aria-controls=\"elementor-tab-content-2763\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">Sell Side Transaction Advisory<\/a>\n\t\t\t\t\t<\/h3>\n\t\t\t\t\t<div id=\"elementor-tab-content-2763\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"3\" role=\"region\" aria-labelledby=\"elementor-tab-title-2763\"><p>Drawing on its many contacts in the investment community and deep M&amp;A experience, Newport M&amp;A Advisors manage sell-side and merger transactions ranging from $10 million to $250 million or more for non-sponsored companies, companies backed by financial sponsors, family-owned businesses, and corporate owners.\u00a0<\/p><p>We work closely with our clients, guiding them through a process that can be challenging \u2013 and fraught with risk \u2013 for any executive, with or without extensive experience in M&amp;A transactions.\u00a0 Each sell side transaction is unique in terms of the value inherent in our client\u2019s company and the audience of prospective acquirers. Newport M&amp;A Advisors are highly skilled at identifying and articulating the value proposition and marketing it to the appropriate audience, whether they are strategic buyers or financial investors.\u00a0<\/p><p>Our process includes:<\/p><ul type=\"disc\"><li>Identifying our client&#8217;s objectives<\/li><li>Identifying and analyzing strategies for achieving the objectives<\/li><li>Recommending a strategy to our client<\/li><li>Creating a process for executing the strategy with minimal business disruption<\/li><li>Executing the process with focus, urgency, and breadth of market coverage<\/li><li>Executing the process with utmost transparency, ensuring that our client is informed of progress in a timely and concise manner<\/li><\/ul><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<h3 id=\"elementor-tab-title-2764\" class=\"elementor-tab-title\" data-tab=\"4\" role=\"button\" aria-controls=\"elementor-tab-content-2764\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">Buy Side Transaction Advisory<\/a>\n\t\t\t\t\t<\/h3>\n\t\t\t\t\t<div id=\"elementor-tab-content-2764\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"4\" role=\"region\" aria-labelledby=\"elementor-tab-title-2764\"><p>If your interest is in accelerating the growth of your company through an acquisition, or acquiring a company for strategic or other purposes, Newport M&amp;A Advisors are the ideal partners for:<\/p><ul type=\"disc\"><li>Identifying your specific need<\/li><li>Analyzing general and specific buy-side alternatives<\/li><li>Developing a \u201cgo-to-market\u201d buy-side strategy<\/li><li>Executing the strategy with optimal cost, timing, and deal-term parameters<\/li><\/ul><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b35b994 spd-5 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b35b994\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-5099347\" data-id=\"5099347\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b68df2a fade elementor-widget elementor-widget-heading\" data-id=\"b68df2a\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Best in Class<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1712b7e fade elementor-widget elementor-widget-text-editor\" data-id=\"1712b7e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>We work with you early and deeply to <strong>ensure the best possible outcome.<\/strong><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-7cf4cfb\" data-id=\"7cf4cfb\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-02a59e7 fade elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"02a59e7\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p style=\"font-weight: 400;\">Newport\u2019s M&amp;A Advisory Services team works with clients who desire to initiate a sales process in the next 12 months.\u00a0 We manage the sale of middle market companies \u2013 those generally valued between $20MM and $250MM \u2013 across a variety of industries. Owners who are looking to sell their businesses in the longer term and want to create more value in preparation for that event should engage with Newport\u2019s <a href=\"\/how-we-work\">Value Acceleration team<\/a>.<\/p><p style=\"font-weight: 400;\">Our M&amp;A Advisors, among the best and most accomplished in the U.S., guide you through a process that can be challenging and fraught with risk. Each sell-side transaction is unique in terms of the value inherent in our client\u2019s company and the audience of prospective acquirers.\u00a0 Our team is highly skilled at identifying and articulating our client\u2019s value proposition and marketing it to the most appropriate audience, whether they are strategic or financial buyers.\u00a0<\/p><p style=\"font-weight: 400;\"><strong>Our process includes:<\/strong><\/p><ul style=\"font-weight: 400;\"><li>Working with our client to determine the best outcome.<\/li><li>Creating a strategy and process for achieving that outcome with minimal disruption to the client\u2019s business.<\/li><li>Executing the process with focus, urgency, and appropriate market coverage, coordinating and communicating with our client in an efficient and concise manner.<\/li><\/ul><p style=\"font-weight: 400;\"><span style=\"font-size: 1.2rem;\"><br \/>And, at Newport, you will only deal with our senior partners. We believe strongly in the principle that our clients deserve representation by only the most senior and experienced transaction experts.<\/span><\/p><p style=\"font-weight: 400;\"><span style=\"font-size: 1.2rem;\">By definition, sales transactions can materially affect your wealth and risk profile. Our M&amp;A Advisors provide state-of-the-art leadership to this process that has the potential to change your life and the lives of your partners, employees, and other stakeholders. We will be with you every step of the way to a successful outcome.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-447a0bb spd-5 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"447a0bb\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-e8fd1be\" data-id=\"e8fd1be\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-39a49b2 fade elementor-widget elementor-widget-heading\" data-id=\"39a49b2\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Representative Transactions<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-be39d4d elementor-section-full_width fade elementor-section-content-space-between elementor-section-height-default elementor-section-height-default\" data-id=\"be39d4d\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-20 elementor-inner-column elementor-element elementor-element-52f2295\" data-id=\"52f2295\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9a0e50e elementor-widget elementor-widget-image\" data-id=\"9a0e50e\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"400\" height=\"400\" src=\"https:\/\/newportllc.com\/wp-content\/uploads\/2022\/05\/PTS-logo.jpg\" class=\"attachment-large size-large wp-image-7097\" alt=\"PTS logo\" srcset=\"https:\/\/newportllc.com\/wp-content\/uploads\/2022\/05\/PTS-logo.jpg 400w, https:\/\/newportllc.com\/wp-content\/uploads\/2022\/05\/PTS-logo-300x300.jpg 300w, https:\/\/newportllc.com\/wp-content\/uploads\/2022\/05\/PTS-logo-150x150.jpg 150w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5519c38 elementor-widget elementor-widget-text-editor\" data-id=\"5519c38\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>has been acquired by<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-94739e2 elementor-widget elementor-widget-image\" data-id=\"94739e2\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"325\" height=\"155\" src=\"https:\/\/newportllc.com\/wp-content\/uploads\/2022\/05\/kelly.png\" class=\"attachment-large size-large wp-image-7098\" alt=\"kelly logo\" srcset=\"https:\/\/newportllc.com\/wp-content\/uploads\/2022\/05\/kelly.png 325w, https:\/\/newportllc.com\/wp-content\/uploads\/2022\/05\/kelly-300x143.png 300w\" sizes=\"(max-width: 325px) 100vw, 325px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-20 elementor-inner-column elementor-element elementor-element-01592c6\" data-id=\"01592c6\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b863c04 elementor-widget elementor-widget-image\" data-id=\"b863c04\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"367\" height=\"137\" src=\"https:\/\/newportllc.com\/wp-content\/uploads\/2021\/08\/EletriCom-min.png\" class=\"attachment-large size-large wp-image-6494\" alt=\"EletriCom\" srcset=\"https:\/\/newportllc.com\/wp-content\/uploads\/2021\/08\/EletriCom-min.png 367w, https:\/\/newportllc.com\/wp-content\/uploads\/2021\/08\/EletriCom-min-300x112.png 300w\" sizes=\"(max-width: 367px) 100vw, 367px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-41e83ed elementor-widget elementor-widget-text-editor\" data-id=\"41e83ed\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>acquires<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-09e33b2 elementor-widget elementor-widget-image\" data-id=\"09e33b2\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"458\" src=\"https:\/\/newportllc.com\/wp-content\/uploads\/2021\/08\/DataWatt-logo-min-1024x586.png\" class=\"attachment-large size-large wp-image-6492\" alt=\"DataWatt logo\" srcset=\"https:\/\/newportllc.com\/wp-content\/uploads\/2021\/08\/DataWatt-logo-min-1024x586.png 1024w, https:\/\/newportllc.com\/wp-content\/uploads\/2021\/08\/DataWatt-logo-min-300x172.png 300w, https:\/\/newportllc.com\/wp-content\/uploads\/2021\/08\/DataWatt-logo-min-768x439.png 768w, https:\/\/newportllc.com\/wp-content\/uploads\/2021\/08\/DataWatt-logo-min.png 1238w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-20 elementor-inner-column elementor-element elementor-element-fcd7dbd\" data-id=\"fcd7dbd\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8f9bc43 elementor-widget elementor-widget-image\" data-id=\"8f9bc43\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"200\" height=\"200\" src=\"https:\/\/newportllc.com\/wp-content\/uploads\/2021\/08\/Division-5-min.png\" class=\"attachment-large size-large wp-image-6493\" alt=\"Division 5\" srcset=\"https:\/\/newportllc.com\/wp-content\/uploads\/2021\/08\/Division-5-min.png 200w, https:\/\/newportllc.com\/wp-content\/uploads\/2021\/08\/Division-5-min-150x150.png 150w\" sizes=\"(max-width: 200px) 100vw, 200px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f18c635 elementor-widget elementor-widget-text-editor\" data-id=\"f18c635\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>acquires<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2af4f5a elementor-widget elementor-widget-image\" data-id=\"2af4f5a\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t<figure class=\"wp-caption\">\n\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"632\" height=\"323\" src=\"https:\/\/newportllc.com\/wp-content\/uploads\/2021\/08\/ssc-min.png\" class=\"attachment-large size-large wp-image-6534\" alt=\"ssc\" srcset=\"https:\/\/newportllc.com\/wp-content\/uploads\/2021\/08\/ssc-min.png 632w, https:\/\/newportllc.com\/wp-content\/uploads\/2021\/08\/ssc-min-300x153.png 300w\" sizes=\"(max-width: 632px) 100vw, 632px\" \/>\t\t\t\t\t\t\t\t\t\t\t<figcaption class=\"widget-image-caption wp-caption-text\">Structural Steel of Carolina, LLC<\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-20 elementor-inner-column elementor-element elementor-element-0cc96b1\" data-id=\"0cc96b1\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-28db692 elementor-widget elementor-widget-image\" data-id=\"28db692\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"66\" src=\"https:\/\/newportllc.com\/wp-content\/uploads\/2021\/08\/TrueLearn-min.png\" class=\"attachment-large size-large wp-image-6498\" alt=\"True Learn logo\" srcset=\"https:\/\/newportllc.com\/wp-content\/uploads\/2021\/08\/TrueLearn-min.png 600w, https:\/\/newportllc.com\/wp-content\/uploads\/2021\/08\/TrueLearn-min-300x33.png 300w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c21b48e elementor-widget elementor-widget-text-editor\" data-id=\"c21b48e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>completed a recapitalization and buyout after investment by<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-38e4127 elementor-widget elementor-widget-image\" data-id=\"38e4127\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"128\" src=\"https:\/\/newportllc.com\/wp-content\/uploads\/2021\/08\/Kian-Capital.jpeg\" class=\"attachment-large size-large wp-image-6496\" alt=\"Kian Capital\" srcset=\"https:\/\/newportllc.com\/wp-content\/uploads\/2021\/08\/Kian-Capital.jpeg 800w, https:\/\/newportllc.com\/wp-content\/uploads\/2021\/08\/Kian-Capital-300x48.jpeg 300w, https:\/\/newportllc.com\/wp-content\/uploads\/2021\/08\/Kian-Capital-768x123.jpeg 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-20 elementor-inner-column elementor-element elementor-element-f935111\" data-id=\"f935111\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-bbbd737 elementor-widget elementor-widget-image\" data-id=\"bbbd737\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"65\" src=\"https:\/\/newportllc.com\/wp-content\/uploads\/2021\/08\/AM_logo-min-1024x83.png\" class=\"attachment-large size-large wp-image-6491\" alt=\"Amano McGann\" srcset=\"https:\/\/newportllc.com\/wp-content\/uploads\/2021\/08\/AM_logo-min-1024x83.png 1024w, https:\/\/newportllc.com\/wp-content\/uploads\/2021\/08\/AM_logo-min-300x24.png 300w, https:\/\/newportllc.com\/wp-content\/uploads\/2021\/08\/AM_logo-min-768x62.png 768w, https:\/\/newportllc.com\/wp-content\/uploads\/2021\/08\/AM_logo-min.png 1298w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-49058de elementor-widget elementor-widget-text-editor\" data-id=\"49058de\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>acquires<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0d5d263 elementor-widget elementor-widget-image\" data-id=\"0d5d263\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"331\" height=\"152\" src=\"https:\/\/newportllc.com\/wp-content\/uploads\/2021\/08\/STS-Logo-min.png\" class=\"attachment-large size-large wp-image-6497\" alt=\"STS\" srcset=\"https:\/\/newportllc.com\/wp-content\/uploads\/2021\/08\/STS-Logo-min.png 331w, https:\/\/newportllc.com\/wp-content\/uploads\/2021\/08\/STS-Logo-min-300x138.png 300w\" sizes=\"(max-width: 331px) 100vw, 331px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f1a704c elementor-section-content-middle spd-5 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f1a704c\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-ab09af6\" data-id=\"ab09af6\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-df3fd09 fade elementor-widget elementor-widget-image\" data-id=\"df3fd09\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/newportllc.com\/wp-content\/uploads\/2023\/07\/Newport-Venn-Diagram-2.png\" data-elementor-open-lightbox=\"yes\" data-elementor-lightbox-title=\"Newport Venn Diagram (2)\" data-e-action-hash=\"#elementor-action%3Aaction%3Dlightbox%26settings%3DeyJpZCI6NzU2MywidXJsIjoiaHR0cHM6XC9cL25ld3BvcnRsbGMuY29tXC93cC1jb250ZW50XC91cGxvYWRzXC8yMDIzXC8wN1wvTmV3cG9ydC1WZW5uLURpYWdyYW0tMi5wbmcifQ%3D%3D\">\n\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"602\" height=\"571\" src=\"https:\/\/newportllc.com\/wp-content\/uploads\/2023\/07\/Newport-Venn-Diagram-2.png\" class=\"attachment-full size-full wp-image-7563\" alt=\"\" srcset=\"https:\/\/newportllc.com\/wp-content\/uploads\/2023\/07\/Newport-Venn-Diagram-2.png 602w, https:\/\/newportllc.com\/wp-content\/uploads\/2023\/07\/Newport-Venn-Diagram-2-300x285.png 300w\" sizes=\"(max-width: 602px) 100vw, 602px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-3de756c\" data-id=\"3de756c\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-cb71a63 fade elementor-widget elementor-widget-heading\" data-id=\"cb71a63\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">The Newport Difference is <u>Your Advantage<\/u><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dafb181 fade elementor-widget elementor-widget-text-editor\" data-id=\"dafb181\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>In particular, we have deep experience with private equity, strategic, and direct investors.\u00a0 We help you craft a compelling story that maximizes their interest in you and your company.\u00a0 We are experts at preparing you for the demands of the market.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-898d6b0 spd-5 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"898d6b0\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4750c4c\" data-id=\"4750c4c\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6768735 fade elementor-widget elementor-widget-heading\" data-id=\"6768735\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Leadership<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-db17b27 fade elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"db17b27\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Newport\u2019s highly focused M&amp;A Advisors cumulatively bring over a century of experience managing hundreds of transactions from $15 million to over $1 billion, totaling billions of dollars. Click on our team members below to learn more.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-d84bbdd fade elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"d84bbdd\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-b908bcd\" data-id=\"b908bcd\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c1adffb elementor-widget elementor-widget-image\" data-id=\"c1adffb\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"236\" height=\"300\" src=\"https:\/\/newportllc.com\/wp-content\/uploads\/2019\/02\/Fink-236x300.jpg\" class=\"attachment-medium size-medium wp-image-1727\" alt=\"Fred Fink\" srcset=\"https:\/\/newportllc.com\/wp-content\/uploads\/2019\/02\/Fink-236x300.jpg 236w, https:\/\/newportllc.com\/wp-content\/uploads\/2019\/02\/Fink.jpg 472w\" sizes=\"(max-width: 236px) 100vw, 236px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a2d1a04 elementor-widget elementor-widget-heading\" data-id=\"a2d1a04\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Fred Fink<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a63709e elementor-widget elementor-widget-heading\" data-id=\"a63709e\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<span class=\"elementor-heading-title elementor-size-default\">Managing Director<\/span>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a7ec874 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"a7ec874\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-25945c4 elementor-widget elementor-widget-heading\" data-id=\"25945c4\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<span class=\"elementor-heading-title elementor-size-default\">Charlotte, NC<\/span>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6102a1c elementor-align-justify elementor-widget elementor-widget-button\" data-id=\"6102a1c\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"\/partner\/frederick-fink\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Connect<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-507cf49\" data-id=\"507cf49\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f99ba08 elementor-widget elementor-widget-image\" data-id=\"f99ba08\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/newportllc.com\/wp-content\/uploads\/2023\/04\/John-Terrando-Newport-Partner-2-300x300.jpg\" class=\"attachment-medium size-medium wp-image-7430\" alt=\"\" srcset=\"https:\/\/newportllc.com\/wp-content\/uploads\/2023\/04\/John-Terrando-Newport-Partner-2-300x300.jpg 300w, https:\/\/newportllc.com\/wp-content\/uploads\/2023\/04\/John-Terrando-Newport-Partner-2-150x150.jpg 150w, https:\/\/newportllc.com\/wp-content\/uploads\/2023\/04\/John-Terrando-Newport-Partner-2.jpg 500w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-46472bd elementor-widget elementor-widget-heading\" data-id=\"46472bd\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">John Terrando<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6d2df3a elementor-widget elementor-widget-heading\" data-id=\"6d2df3a\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<span class=\"elementor-heading-title elementor-size-default\">Managing Director<\/span>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6a43ca8 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"6a43ca8\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8450c10 elementor-widget elementor-widget-heading\" data-id=\"8450c10\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<span class=\"elementor-heading-title elementor-size-default\">Charlotte, NC<\/span>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-55cb737 elementor-align-justify elementor-widget elementor-widget-button\" data-id=\"55cb737\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"\/partner\/john-terrando\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Connect<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-e994556 spd-5 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e994556\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f51f839\" data-id=\"f51f839\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1716f1c fade elementor-widget elementor-widget-heading\" data-id=\"1716f1c\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What Our <span>Clients Are Saying<\/span><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-3fbee52 elementor-section-full_width elementor-section-content-space-between elementor-section-height-default elementor-section-height-default\" data-id=\"3fbee52\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-inner-column elementor-element elementor-element-8e1089f\" data-id=\"8e1089f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0dcefaa fade elementor-widget elementor-widget-text-editor\" data-id=\"0dcefaa\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>&#8220;Newport was our exclusive advisors who worked with us from \u201ccradle to grave\u201d in managing the sale of our company. We quickly got to know them, liked them, and, most importantly, trusted them&#8230;&#8221;<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-da05962 elementor-mobile-align-justify elementor-tablet-align-left fade elementor-widget elementor-widget-button\" data-id=\"da05962\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjcxOTEiLCJ0b2dnbGUiOmZhbHNlfQ%3D%3D\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Read More<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-inner-column elementor-element elementor-element-c846284\" data-id=\"c846284\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7ef65fe fade elementor-widget elementor-widget-text-editor\" data-id=\"7ef65fe\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>&#8220;Newport provided exceptional support during one of the most critical times in the business&#8217;s entire lifecycle. Their guidance and stalwart reliability were paramount in&#8230;&#8221;<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f63d242 elementor-mobile-align-justify elementor-tablet-align-left fade elementor-widget elementor-widget-button\" data-id=\"f63d242\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjYzODQiLCJ0b2dnbGUiOmZhbHNlfQ%3D%3D\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Read More<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-inner-column elementor-element elementor-element-fc8984b\" data-id=\"fc8984b\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9a4f3ab fade elementor-widget elementor-widget-text-editor\" data-id=\"9a4f3ab\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>&#8220;Newport worked with my company for years to build enterprise value by providing strategic advice, executive coaching to a number of our executives&#8230;&#8221;<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b67c8ba elementor-mobile-align-justify elementor-tablet-align-left fade elementor-widget elementor-widget-button\" data-id=\"b67c8ba\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjYzOTMiLCJ0b2dnbGUiOmZhbHNlfQ%3D%3D\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Read More<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-inner-column elementor-element elementor-element-f7a1c30\" data-id=\"f7a1c30\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-79ceba9 fade elementor-widget elementor-widget-text-editor\" data-id=\"79ceba9\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>&#8220;We are very pleased to have partnered with Newport LLC for this transaction.\u201d Newport\u2019s team was instrumental in helping DataWatt Solutions find the right partner&#8230;&#8221;<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4140959 elementor-mobile-align-justify elementor-tablet-align-left fade elementor-widget elementor-widget-button\" data-id=\"4140959\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjY0MDMiLCJ0b2dnbGUiOmZhbHNlfQ%3D%3D\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Read More<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-af56f38 elementor-section-full_width elementor-section-content-space-between elementor-section-height-default elementor-section-height-default\" data-id=\"af56f38\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-inner-column elementor-element elementor-element-640a7a0\" data-id=\"640a7a0\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-42b69bf fade elementor-widget elementor-widget-text-editor\" data-id=\"42b69bf\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>&#8220;Newport managed one of the most complex transactions in which I have ever been involved \u2013 a strategic acquisition from dozens of individual investors&#8230;&#8221;<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2dd49fc elementor-mobile-align-justify elementor-tablet-align-left fade elementor-widget elementor-widget-button\" data-id=\"2dd49fc\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjY0MTQiLCJ0b2dnbGUiOmZhbHNlfQ%3D%3D\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Read More<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-inner-column elementor-element elementor-element-6771576\" data-id=\"6771576\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-238123d fade elementor-widget elementor-widget-text-editor\" data-id=\"238123d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t&#8220;As a family business, we were always looking for ways to guarantee SSC\u2019s continued success for future generations. We believe our partnership with Division 5&#8230;&#8221;\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-95cf19a elementor-mobile-align-justify elementor-tablet-align-left fade elementor-widget elementor-widget-button\" data-id=\"95cf19a\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjY0MjYiLCJ0b2dnbGUiOmZhbHNlfQ%3D%3D\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Read More<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-inner-column elementor-element elementor-element-56cb73c\" data-id=\"56cb73c\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-71a3456 fade elementor-widget elementor-widget-text-editor\" data-id=\"71a3456\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>&#8220;Newport managed the very successful sale of our IT services\/mobile app development company to a name-brand strategic acquiror with consummate professionalism. Highly skilled and&#8230;&#8221;<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6305d28 elementor-mobile-align-justify elementor-tablet-align-left fade elementor-widget elementor-widget-button\" data-id=\"6305d28\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjY0MzEiLCJ0b2dnbGUiOmZhbHNlfQ%3D%3D\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Read More<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-inner-column elementor-element elementor-element-20f8346\" data-id=\"20f8346\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7cad5a7 fade elementor-widget elementor-widget-text-editor\" data-id=\"7cad5a7\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>&#8220;We invited Newport to work with our leadership team to help execute on the vision and growth strategy. As a global&#8230;&#8221;<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cdcf172 elementor-mobile-align-justify elementor-tablet-align-left fade elementor-widget elementor-widget-button\" data-id=\"cdcf172\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjY0MzkiLCJ0b2dnbGUiOmZhbHNlfQ%3D%3D\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Read More<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-11ad90a spd-5 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"11ad90a\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-89c6d7e\" data-id=\"89c6d7e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-cff8138 fade elementor-widget elementor-widget-heading\" data-id=\"cff8138\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Who We Serve<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cb45b04 fade elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"cb45b04\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>We work with clients on transactions ranging from $20MM to $250MM or more, across the United States. We advise across a wide variety of industries, and it is rare in our 50-person partnership that we lack the industry expertise or connections to deliver our best-in-class advisory services for any given client. But, as your trusted advisors, if we determine your transaction needs are better served by another advisor, we work with you to identify and retain that advisor.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-bf606a6\" data-id=\"bf606a6\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c110082 fade elementor-widget elementor-widget-heading\" data-id=\"c110082\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Owners of lower middle market companies seeking a highly successful exit<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6a64a39 elementor-section-content-middle spd-5 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6a64a39\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-d009f16\" data-id=\"d009f16\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-399bc07 fade elementor-widget elementor-widget-heading\" data-id=\"399bc07\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Insights<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3dc08b5 elementor-widget elementor-widget-html\" data-id=\"3dc08b5\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<article class=\"article fade\">\r\n            <a href=\"https:\/\/newportllc.com\/blog\/the-perils-of-timing-the-market-when-selling-your-business\" class=\"article__featured-image\" style=\"background: url('https:\/\/newportllc.com\/wp-content\/uploads\/2023\/06\/The-Perils-of-Timing-the-Market-when-Selling-your-Business.jpg') no-repeat; background-size: cover\">\r\n            <\/a>\r\n            <div class=\"article__content\">\r\n                <h3 class=\"article__title\">\r\n                    <a href=\"https:\/\/newportllc.com\/blog\/the-perils-of-timing-the-market-when-selling-your-business\">\r\n                        The Perils of Timing the Market when Selling your Business                    <\/a>\r\n                <\/h3>\r\n                <p class=\"article__excerpt\">\r\n                    Deciding to sell your business is more than a significant commercial decision; it is often a personal and emotional one, too.  Owners have invariably invest...                <\/p>\r\n                <div class=\"article__author\">\r\n                    <div class=\"article__author-image\">\r\n                        <a href=\"https:\/\/newportllc.com\/partner\/john-terrando\">\r\n                            <img decoding=\"async\" src=\"https:\/\/newportllc.com\/wp-content\/uploads\/2023\/04\/John-Terrando-Newport-Partner-2.jpg\">\r\n                        <\/a>\r\n                                            <\/div>\r\n                    <div class=\"article__author-info\">\r\n                        <h4>\r\n                            <a href=\"https:\/\/newportllc.com\/partner\/john-terrando\">\r\n                                John Terrando                            <\/a>\r\n                                                    <\/h4>\r\n                        <p>Article: 5 min<\/p>\r\n                    <\/div>\r\n                <\/div>\r\n            <\/div>\r\n        <\/article>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-b168bc1\" data-id=\"b168bc1\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-fe6a432 fade elementor-widget elementor-widget-heading\" data-id=\"fe6a432\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Trending Insights<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-14e1096 fade elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"14e1096\" data-element_type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/newportllc.com\/blog\/is-the-ma-market-dead-or-alive\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-chevron-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Is the M&A Market Dead or Alive?<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/newportllc.com\/blog\/what-is-happening-with-valuations-in-the-ma-market\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-chevron-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">What is happening with valuations in the M&A Market?<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/newportllc.com\/blog\/avoiding-a-re-trade-in-an-m-and-a-transaction\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-chevron-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Avoiding a Re-trade in an M&A Transaction<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/newportllc.com\/blog\/six-reasons-to-never-wade-into-m-and-a-waters-without-a-good-advisor\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-chevron-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Six Reasons to Never Wade Into M&A Waters Without a Good Advisor<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ce92bc5 elementor-mobile-align-justify elementor-tablet-align-left fade elementor-widget elementor-widget-button\" data-id=\"ce92bc5\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"\/blog?_sft_insight-solution=ma-advisory\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-icon elementor-align-icon-right\">\n\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-caret-right\"><\/i>\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">View All Insights<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5368299 spd-5 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5368299\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5389e09\" data-id=\"5389e09\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-271223e fade elementor-widget elementor-widget-heading\" data-id=\"271223e\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">FAQs<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-790029a fade elementor-widget elementor-widget-accordion\" data-id=\"790029a\" data-element_type=\"widget\" data-widget_type=\"accordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-accordion\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<h3 id=\"elementor-tab-title-1261\" class=\"elementor-tab-title\" data-tab=\"1\" role=\"button\" aria-controls=\"elementor-tab-content-1261\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">Ignore<\/a>\n\t\t\t\t\t<\/h3>\n\t\t\t\t\t<div id=\"elementor-tab-content-1261\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"1\" role=\"region\" aria-labelledby=\"elementor-tab-title-1261\"><p>Ignore<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<h3 id=\"elementor-tab-title-1262\" class=\"elementor-tab-title\" data-tab=\"2\" role=\"button\" aria-controls=\"elementor-tab-content-1262\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">How do I know if my business is ready to sell?<\/a>\n\t\t\t\t\t<\/h3>\n\t\t\t\t\t<div id=\"elementor-tab-content-1262\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"2\" role=\"region\" aria-labelledby=\"elementor-tab-title-1262\"><p>Some of the questions we ask to answer this question are: (1) has business performance been sufficiently solid such that you are not promising a hope or a dream to a buyer but, rather, a continuation of a solid revenue and profit stream? (2) do you have complete books and records? (3) do you have an absence of litigation or potential litigation affecting your business? (4) do you have the unfettered legal ability to sell? (5) do you have at least the informal agreement of key employees? and (6) do you have the time to manage the sale process? Of course, this is just a start, and Newport\u2019s M&amp;A Advisory partners can quickly work with you to determine your readiness to sell.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<h3 id=\"elementor-tab-title-1263\" class=\"elementor-tab-title\" data-tab=\"3\" role=\"button\" aria-controls=\"elementor-tab-content-1263\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">In addition to hiring an M&A advisor, what else do I need to do to prepare my business to sell?<\/a>\n\t\t\t\t\t<\/h3>\n\t\t\t\t\t<div id=\"elementor-tab-content-1263\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"3\" role=\"region\" aria-labelledby=\"elementor-tab-title-1263\"><p>At Newport, we always advise the hiring a premier M&amp;A lawyer.\u00a0 This is no place to try to save money by hiring a generalist lawyer.\u00a0 In fact, you will save money and optimize all other terms of a transaction by hiring an M&amp;A specialist.\u00a0 Newport\u2019s M&amp;A Advisory partners can work with you to select the appropriate counsel and manage your relationship with them to minimize cost and maximize results.\u00a0 We also advise hiring a tax expert, given the many, varied, and complex tax issues that arise in these transactions.\u00a0 And you should prepare solid books and records, prepared in accordance with standard accounting practices, and compile and organize all supporting records and documents.\u00a0 Preparing a due diligence or data room in advance of going to market with a transaction has become a necessity in the M&amp;A world.\u00a0 Again, our M&amp;A Advisory partners are experts in structuring and helping you stock a complete data room that usually satisfies 95% of what a buyer may need for its due diligence.\u00a0 Our M&amp;A Advisory partners will also work with you to prepare a financial presentation that will be critical to marketing your business.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<h3 id=\"elementor-tab-title-1264\" class=\"elementor-tab-title\" data-tab=\"4\" role=\"button\" aria-controls=\"elementor-tab-content-1264\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">How do you manage what sounds like a very complex process?<\/a>\n\t\t\t\t\t<\/h3>\n\t\t\t\t\t<div id=\"elementor-tab-content-1264\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"4\" role=\"region\" aria-labelledby=\"elementor-tab-title-1264\"><p>As veterans of hundreds of M&amp;A transactions, we are experts in making the process manageable and then managing it well.\u00a0 We work closely with you to schedule the process with significant detail, keep all players accountable and on schedule, and drive through to a successful closing.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<h3 id=\"elementor-tab-title-1265\" class=\"elementor-tab-title\" data-tab=\"5\" role=\"button\" aria-controls=\"elementor-tab-content-1265\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">Can I sell my business without an M&A advisor?<\/a>\n\t\t\t\t\t<\/h3>\n\t\t\t\t\t<div id=\"elementor-tab-content-1265\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"5\" role=\"region\" aria-labelledby=\"elementor-tab-title-1265\"><p>Possibly, but the better question is \u201cwhy would you do that?\u201d\u00a0 A good M&amp;A advisor, like Newport\u2019s M&amp;A Advisory partners, deliver incremental value that greatly exceeds the costs of our services.\u00a0 We do this by, first, expertly negotiating on your behalf the hundreds of complex nuances of the transaction and, second, saving you the full-time effort it requires to manage these transactions and allowing you to continue managing your business. Simply put, with a sophisticated advisor like Newport&#8217;s M&amp;A Advisory partners, you realize significantly better overall economics, materially reduce your risk, and substantially accelerate process.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<h3 id=\"elementor-tab-title-1266\" class=\"elementor-tab-title\" data-tab=\"6\" role=\"button\" aria-controls=\"elementor-tab-content-1266\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">For how much can you sell your business?<\/a>\n\t\t\t\t\t<\/h3>\n\t\t\t\t\t<div id=\"elementor-tab-content-1266\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"6\" role=\"region\" aria-labelledby=\"elementor-tab-title-1266\"><p>A business is worth what someone will pay for it.\u00a0 The definition of fair market value is the amount a willing Buyer will pay a willing Seller in the absence of duress.\u00a0 But, on a more practical basis, an overwhelming majority of businesses sell for a multiple of EBITDA, (i.e., Earnings Before Interest, Taxes, Depreciation, and Amortization).\u00a0 That EBITDA can be historical, current, or projected.\u00a0 The multiple can vary widely depending upon industry, comparable transactions, projected and historical growth, size of company, nature of revenue (e.g., recurring or non-recurring), uniqueness of the seller\u2019s product or service, and other factors.\u00a0 Some businesses trade on other bases, such as asset value and multiple of revenues.\u00a0 Newport\u2019s M&amp;A Advisory partners will work with you to identify the appropriate valuation method and optimize the value in your favor.\u00a0<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<h3 id=\"elementor-tab-title-1267\" class=\"elementor-tab-title\" data-tab=\"7\" role=\"button\" aria-controls=\"elementor-tab-content-1267\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">Who are the normal buyers of businesses?<\/a>\n\t\t\t\t\t<\/h3>\n\t\t\t\t\t<div id=\"elementor-tab-content-1267\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"7\" role=\"region\" aria-labelledby=\"elementor-tab-title-1267\"><p>Buyers generally fall in one of two categories: financial or strategic.\u00a0 Financial buyers are generally sponsored by private equity or venture capital firms, with a primary purpose of earning a financial return on their investments.\u00a0 Strategic buyers, while still concerned with earning a financial return, are more focused on the strategic reasons for an acquisition.\u00a0 In buying your business, they may want to enter a new market, add to their existing presence in a market, or add it to an existing portfolio of complementary businesses.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<h3 id=\"elementor-tab-title-1268\" class=\"elementor-tab-title\" data-tab=\"8\" role=\"button\" aria-controls=\"elementor-tab-content-1268\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">Will a seller receive the entire value of its business in cash?<\/a>\n\t\t\t\t\t<\/h3>\n\t\t\t\t\t<div id=\"elementor-tab-content-1268\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"8\" role=\"region\" aria-labelledby=\"elementor-tab-title-1268\"><p>It is unlikely.\u00a0 There are a number of factors that come into play that reduce the cash you receive at closing.\u00a0 For instance, there may be business debt that must be repaid at closing.\u00a0 There may be \u201choldbacks,\u201d or money that the buyer \u201cholds back\u201d at closing for a negotiated period to cover any number of cash needs that may arise after the closing that are rightfully the obligation of the seller.\u00a0 These needs may be to fulfill indemnity or warranty commitments that are made by the buyer at closing. The parties may agree to an \u201cearn out,\u201d an agreement in the purchase and sale agreement that part of the purchase price will be dependent upon the buyer being able to earn a certain amount of money after the sale, usually defined as either revenue, gross profit, or net profit.\u00a0 Or the buyer may demand you finance a portion of the purchase price over time.\u00a0 Or the buyer may want to allocate some of the purchase price to a services contract that requires you to work after closing for a portion of the purchase price.\u00a0 As a sell side advisor, Newport\u2019s M&amp;A Advisory partners work closely with you to maximize the cash you receive at closing and minimize contingencies that the buyer will likely want to impose upon your payments.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<h3 id=\"elementor-tab-title-1269\" class=\"elementor-tab-title\" data-tab=\"9\" role=\"button\" aria-controls=\"elementor-tab-content-1269\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">What marketing materials will be necessary to sell my business?<\/a>\n\t\t\t\t\t<\/h3>\n\t\t\t\t\t<div id=\"elementor-tab-content-1269\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"9\" role=\"region\" aria-labelledby=\"elementor-tab-title-1269\"><p>First, you\u2019ll need a combination of a\u00a0<i>teaser<\/i>, which is a one-page overview of your company and the intended transaction, and a\u00a0<i>confidential information memorandum<\/i>.\u00a0 You\u2019ll provide the content for these and Newport\u2019s M&amp;A Advisory partners will help you shape these two documents that will be provided to potential buyers of your company.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<h3 id=\"elementor-tab-title-12610\" class=\"elementor-tab-title\" data-tab=\"10\" role=\"button\" aria-controls=\"elementor-tab-content-12610\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">Do I put an asking price on my business?<\/a>\n\t\t\t\t\t<\/h3>\n\t\t\t\t\t<div id=\"elementor-tab-content-12610\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"10\" role=\"region\" aria-labelledby=\"elementor-tab-title-12610\"><p>We advise sellers to not put a price on their business.\u00a0 Rather, we think we should build demand for the business and then solicit bids.\u00a0 If a potential Buyer presses hard for price, we usually respond verbally with a range of your expectation \u201cbased on what the market has indicated thus far.\u201d\u00a0 That range should be the lowest you would ever possibly take and something much higher, higher, in fact, than you think anyone would ever pay for the business.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<h3 id=\"elementor-tab-title-12611\" class=\"elementor-tab-title\" data-tab=\"11\" role=\"button\" aria-controls=\"elementor-tab-content-12611\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">What is the typical timeline of sell-side process?<\/a>\n\t\t\t\t\t<\/h3>\n\t\t\t\t\t<div id=\"elementor-tab-content-12611\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"11\" role=\"region\" aria-labelledby=\"elementor-tab-title-12611\"><p>A typical sell-side transaction can take as little as 90 days and as long as year or more.\u00a0 At a high level, the 30- to 45-day <i>pre-marketing<\/i>\u00a0phase consists of hiring legal and tax advisors, stocking the data room, preparing the teaser and confidential information memorandum, and preparing the list and contact information of target buyers.\u00a0 \u00a0\u00a0The 45- to 90-day\u00a0<i>marketing phase<\/i>\u00a0consists of contacting potential buyers and sharing the teaser with them, sharing the confidential information memorandum with potential buyers expressing that interest, meeting with interested buyers, soliciting letters of intent from interested buyers, and negotiating and signing a letter of intent with the buyer you have selected.\u00a0 The 15- to 45-day\u00a0<i>documentation and closing phase<\/i> consists of opening the data room to the prospective buyer and meeting its data needs, negotiating the purchase and sale agreement, and closing the transaction.\u00a0 Newport\u2019s M&amp;A Advisory partners are experts in managing this complex process to optimize the transaction for you in every respect.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<h3 id=\"elementor-tab-title-12612\" class=\"elementor-tab-title\" data-tab=\"12\" role=\"button\" aria-controls=\"elementor-tab-content-12612\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">How do I handle communication of the process within my company?<\/a>\n\t\t\t\t\t<\/h3>\n\t\t\t\t\t<div id=\"elementor-tab-content-12612\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"12\" role=\"region\" aria-labelledby=\"elementor-tab-title-12612\"><p>It is never a good thing for everyone in your business\u2019 ecosystem to think it is for sale.\u00a0 But there is a reality and you have to deal with it.\u00a0 The reality in most cases is\u00a0<i>not\u00a0<\/i>that you are for sale, given you are not going to sell if the price and all other terms are not to your liking, and particularly if there is no buyer for it.\u00a0 The reality is that you are exploring your alternatives, as every business owner should do on a continual basis to be most responsible to his or her employees, customers, family, investors, and even community.\u00a0 None of those constituents would be satisfied with a business owner that is not curious, conscious about markets and market conditions, the competitive environment, and economic forces affecting the business.\u00a0 Newport\u2019s M&amp;A Advisory partners are experts in working with you to craft the appropriate communication strategy.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<h3 id=\"elementor-tab-title-12613\" class=\"elementor-tab-title\" data-tab=\"13\" role=\"button\" aria-controls=\"elementor-tab-content-12613\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">What is the difference between an asset sale and a stock sale?<\/a>\n\t\t\t\t\t<\/h3>\n\t\t\t\t\t<div id=\"elementor-tab-content-12613\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"13\" role=\"region\" aria-labelledby=\"elementor-tab-title-12613\"><p>Sales of businesses are structured as either an\u00a0<i>asset sale<\/i>\u00a0or a\u00a0<i>stock sale<\/i>.\u00a0 In an\u00a0<i>asset sale<\/i>, the Seller remains the owner of the legal entity and retains long-term debt obligations (unless specifically assumed by the Buyer).\u00a0 In a\u00a0<i>stock<\/i> sale, the Buyer buys the entity and receives all the assets and assumes all the liabilities (subject to any negotiated exceptions).\u00a0 Our M&amp;A Advisory partners can explain to you the many critical differences between these two types of transactions and why buyers generally prefer asset sales and sellers generally prefer stock sales.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<h3 id=\"elementor-tab-title-12614\" class=\"elementor-tab-title\" data-tab=\"14\" role=\"button\" aria-controls=\"elementor-tab-content-12614\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">What is the difference between an M&A advisor and a business broker?<\/a>\n\t\t\t\t\t<\/h3>\n\t\t\t\t\t<div id=\"elementor-tab-content-12614\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"14\" role=\"region\" aria-labelledby=\"elementor-tab-title-12614\"><p>An M&amp;A advisor, such as Newport\u2019s M&amp;A Advisory partners, is an expert in all aspects of sell side and buy side business transactions.\u00a0 They work with you on preparing your company to sell, understanding the value of your company, analyzing the market, creating and executing the \u201cgo-to-market\u201d strategy, working with your tax and other advisors to understand the tax and legal aspects of the transaction and structure toward your best results (e.g., best economics, lowest risk), negotiating on your behalf, \u00a0and ultimately closing the transaction.\u00a0 They focus on transactions ranging from $100MM to $250MM or more.\u00a0 An M&amp;A advisor generally charges a retainer and a success fee in the 2% to 8% range. Business brokers on the other hand, tend to work on businesses worth $5MM or less and charge higher success fees (in the range of 8% to 15%). Business brokers generally focus on the process of the sale not on the health and strength of your business and specific goals you may have for the transaction. Newport M&amp;A Advisory partners have deep experience as CxO\u2019s and know how to help prepare the business to maximize the benefits of your specific transaction.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>M&#038;A Advisors Best-in-class sell-side advisory to premier middle-market firms across multiple industries. Newport\u2019s M&amp;A Advisors are some of the top M&amp;A advisors in the U.S. With extensive backgrounds from Wall Street to the lower middle market, and extensive experience and expertise in what are extraordinarily complex areas, we advise clients in three major areas: Preparing [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"_acf_changed":false,"content-type":"","inline_featured_image":false,"footnotes":""},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newportllc.com\/wp-json\/wp\/v2\/pages\/6258"}],"collection":[{"href":"https:\/\/newportllc.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/newportllc.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/newportllc.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newportllc.com\/wp-json\/wp\/v2\/comments?post=6258"}],"version-history":[{"count":138,"href":"https:\/\/newportllc.com\/wp-json\/wp\/v2\/pages\/6258\/revisions"}],"predecessor-version":[{"id":7809,"href":"https:\/\/newportllc.com\/wp-json\/wp\/v2\/pages\/6258\/revisions\/7809"}],"wp:attachment":[{"href":"https:\/\/newportllc.com\/wp-json\/wp\/v2\/media?parent=6258"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}