Oliver Investment Banking Executes Sale of McNevin Company
October 20, 2023, Colorado Springs/Boulder, CO. Oliver Investment Banking (OIB) is pleased to announce that McNevin Company of Aurora, CO has been acquired by an Industry Buyer. Oliver Investment Banking served as the exclusive sell-side advisor to the McNevin Company throughout the transaction process.
Bill Oliver, principal of OIB, reiterated, “This transaction fits our goals to bring money to Colorado businesses and conclude successful transactions for locally owned companies.”
Chris Dilg, owner of McNevin commented “Through OIB’s well-orchestrated efforts, all of my concerns and intentions in the successful sale effort were met. All existing employees were retained, never set adrift in a post-sale scenario. My efforts to smoothly move into the transition abyss from business life into the next stages of personal life were guided with the solid advice of the OIB team. Every facet of this sale was polished by the absolute professionalism exhibited by OIB. I could have no higher praise for Bill and his team other than my personal wishes for many more successful transactions. Success is a diamond polished to the highest grade and OIB has the master’s touch.”
About McNevin: McNevin designs, assembles, and distributes large HVAC water pumping systems for hospitals, airports, sports arenas, resorts, educational facilities, and government entities. One major supplier has been with the Company since its inception in 1960. The Company has long-standing employees with more than 200 years of combined experience in the water handling business.
About Oliver Investment Banking: Oliver Investment Banking, whose principals are FINRA licensed, is based in Colorado Springs and Boulder, CO, and dedicated to serving the needs of owners of Privately Held Companies. Our services include being the financial advisor in the purchase or sale of a business, sourcing financing, and transaction planning and preparation. OIB has primarily served clients in Colorado, New Mexico, Montana and Wyoming, since 2001.
Oliver Investment Banking seeks to make a productive and positive impact on the communities and companies we serve. OIB focuses on how each business owner can position themself for personal and financial success. www.oibanking.com.