Equitax is a nationally recognized contingent fee tax recovery audit practice.
Private sector businesses hire Equitax to audit tax payments, real property assessments, sales & use taxes and other assessments. The objective is to recover overpayments.
The owners sought 100% divestiture of assets and responsibilities for business operations in order to travel extensively.
Brereton, Hanley and Company arranged due diligence meetings with three of the nation’s largest publicly traded business service companies. A confidential soft auction yielded two acceptable offers at the high end of the valuation range.
EPS Solutions Corporation purchased Equitax for a blend of cash, notes and stock. We also negotiated a separate stock pool for key employee retention. The owners were required to stay with the company for only 90 days.
“It is rare, in today’s business environment, to find a firm and individuals of the caliber exhibited by you and your company. The ethics, diligence, perseverance and marketing strategy you employed and demonstrated made my transaction an outstanding success, one which I am confident would not have been duplicated elsewhere.
The process flowed from start to finish, much in the fashion you described at the onset. Even so, the personal attention you afforded us made the merger easier for me and the staff at EQUITAX.
Thank you for the exceptional representation and results provided by Brereton, Hanley & Company. It would be my sincere pleasure to personally recommend your services.”
John Petrak, President