Caber Hill Assists in the Sale of NYC Audiology Practice

October 27, 2017

For Immediate Release

Caber Hill Advisors announced today that it assisted in the sale of Park 76 Audiology, a Manhattan-based audiology practice, to Advanced Hearing Center, an audiology practice with offices in Manhattan, Brooklyn, Queens, and Long Island. The transaction closed on September 1, 2017, and terms of the deal were not disclosed. See the announcement from Advanced Hearing Center here.

The transaction was led by Caber Hill Managing Director Scott Myatt. 

About Caber Hill Advisors

Caber Hill Advisors is committed to working with business owners and CEO's to successfully fulfill their personal and professional legacies. We serve small and middle market companies, in very specific verticals, who want to either sell a business or make an acquisition.

 

Caber Hill Assists in the Sale of a Minnesota Hearing Aid Business

October 25, 2017

For Immediate Release

Caber Hill Advisors announced today that it assisted in the sale of a Minnesota-based hearing aid business to a strategic buyer. At the request of the parties involved, terms of the transaction will not be disclosed. The deal closed on September 29, 2017.

The sale process drew interest from several parties, culminating in advanced discussions between the seller and the two best potential buyers. Ultimately, the seller was able to select a buyer that offered the right balance of initial valuation, flexibility, and upside potential.

About Caber Hill Advisors

Caber Hill Advisors is committed to working with business owners and CEO's to successfully fulfill their personal and professional legacies. We serve small and middle market companies, in very specific verticals, who want to either sell a business or make an acquisition.

Caber Hill Announces the Sale of a Chicago Dental Practice

October 25, 2017

For Immediate Release

Caber Hill Advisors announced today that it assisted in the sale of a Chicago-based dental practice to a strategic buyer. Terms of the deal, which closed in August, 2017, were not announced. Caber Hill acted as financial advisor to the seller, .

About Caber Hill Advisors

Caber Hill Advisors is committed to working with business owners and CEO's to successfully fulfill their personal and professional legacies. We serve small and middle market companies, in very specific verticals, who want to either sell a business or make an acquisition.

Caber Hill Advisors Announces Management Buyout of Lorna's Laces

October 24, 2017

For Immediate Release

Caber Hill Advisors announced today that it assisted in a management buyout of Lorna's Laces, a Chicago-based wholesaler of artisanal yarn. Caber Hill advised the parties on valuation and secured the financing necessary to complete the transaction, which closed in July, 2017. At the request of the parties involved, specific transaction terms shall remain confidential.

Lorna's Laces is a leading wholesaler of hand-dyed, artisanal yarn to retailers all over the world. It's products are sold under both the Lorna's Laces and Mrs. Crosby's brands.

About Caber Hill Advisors

Caber Hill Advisors is committed to working with business owners and CEO's to successfully fulfill their personal and professional legacies. We serve small and middle market companies, in very specific verticals, who want to either sell a business or make an acquisition.

Caber Hill Announces the Sale of a Colorado Audiology Practice

July 31, 2017

For Immediate Release

Caber Hill Advisors announced today that it assisted in the sale of a Colorado audiology practice in a sale to a strategic buyer. At the request of the parties involved, specific transaction terms are to remain confidential. The transaction closed in June, 2017.

Caber Hill CEO Craig Castelli led the sell-side process, which drew interest from several public and privately-held strategic buyers. After reviewing several offers, the seller ultimately selected a buyer that offered the best combination of valuation, favorable transaction structure, and a flexible transition for the seller.

About Caber Hill

Caber Hill Advisors is committed to working with business owners and CEO's to successfully fulfill their personal and professional legacies. We serve small and middle market companies, in very specific verticals, who want to either sell a business or make an acquisition.

Caber Hill Announces the Sale of a Pacific Northwest Audiology Practice

April 21, 2017

For Immediate Release

Caber Hill Advisors announced today that it assisted in the sale of an audiology practice in the Pacific Northwest. Specific details, including the identity of the buyer and seller and the terms of the transaction, are to remain confidential. The deal closed on March 16, 2017.

The process, led by Caber Hill CEO Craig Castelli, generated bids from four strategic buyers and one investment group. Ultimately, the seller was able to choose the buyer that provided the best combination of a strong financial offer with the ability to preserve the practice's legacy.

About Caber Hill Advisors

Caber Hill Advisors is committed to working with business owners and CEO's to successfully fulfill their personal and professional legacies. We serve small and middle market companies, in very specific verticals, who want to either sell a business or make an acquisition.

Caber Hill Advises on the Sale of The Hearing Consultants

February 28, 2017

For Immediate Release

Caber Hill Advisors announced today that it advised The Hearing Consultants, of Cincinnati, OH, in its sale to Dr. Timothy J. Teague, Au.D. The transaction closed in January, 2017. At the request of the parties involved, terms of the deal will not be disclosed.

Barbara Rozzo founded The Hearing Consultants in 1997, establishing a premier provider of audiology and hearing aid services in the Cincinnati market. She will exit the practice upon a successful transition of patient care to Dr. Teague.

Barb Rozzo said, “I am thrilled at the opportunity to transition my practice to Dr. Teague and eager to watch him continue the Hearing Consultants legacy for years to come. After receiving numerous offers to buy the practice in a short period of time, I am confident that I made the best choice, not only for myself but also for my staff, my patients, and the Cincinnati community. I’d like to thank the Caber Hill team for the invaluable guidance they provided throughout the sale process. I had met Dr. Teague prior to retaining Caber Hill, and yet I couldn’t imagine trying to sell a practice without their support and expertise.”

Dr. Teague remarked, “It has been an exciting adventure so far taking over ownership in the first few months of the new year.  Craig and Caber Hill Advisors have been very easy to work with throughout the entire purchasing and negotiations of the business.”

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