Employee Stock Purchase of Oil Water Separator Company

“I approached 44 Business Capital with a clear vision for the potential growth of my company. With nearly twenty years of experience in sales and marketing in the wastewater equipment manufacturing industry, I presented a comprehensive strategy to accelerate growth following the acquisition. We dedicated a significant amount of time focusing on these initiatives, which solidified my decision to select them as the ideal lending partner. Throughout the information gathering and underwriting process, Dwight Williams provided invaluable support by clarifying requirements for SBA approval. I am particularly grateful for the entire team at 44 Business Capital, as they demonstrated patience and adaptability during negotiations. Their consistent efforts ensured the progression of the transaction even when faced with challenges. I would highly recommend their services to anyone motivated by a dream and driven by the ambition to achieve ownership.”

Andre Ellman, Owner
Mercer International | Loudonville, New York

CHALLENGE

Over the past 25 years Mercer International has been providing oil water separator solutions for a wide range of industries. Mercer specializes in several specific vertical markets including the Power Industry, Chemical, Petrol-Chemical, Oil & Gas and Transportation markets. Andre Ellman, Mercer's director of business development sought a lending partner that understood his desire to purchase his employer's company. For many years it was his dream to own and operate the business, realizing its tremendous potential. After a few months of consultation, 44 was able to structure an employee stock purchase with an SBA loan.
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