Company History
Josh Tolley started Kingsbridge as a stand-alone subsidiary of his company; Tolley & Co after twenty-five years of starting, buying, building, selling companies. He was noticing too many people were being underserved by the established M&A business brokerages. Too little experience, too much focus on getting hundreds of listings, and certainly no backend support to help ensure the success of the clients after they buy or sell a company was too much to ignore.
Kingsbridge is an independent company but also part of the Tolley & Co Business Group meaning that the Kingsbridge clients are supported by and have access to a number of other companies and resources that can be deployed to assist in buying, selling, and growing your business empire.
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Our focus is not on more clients it is on providing the best possible service to every client. We don't just list businesses, search websites, and pump social media all in hopes that a deal materializes.
Instead, we work deals, leverage relationships, identify individuals and make person to person contact allowing us to close deals that are larger, faster, and more advantageous for our clients.
We have twelve companies under our parent company, all of which we use and leverage to the benefit of all of our clients. This means we have the connections where you are wanting to go, we have the expert staff to help you grow your newly acquired company or transition out of the one you are selling into the life you have worked hard to achieve.
Kingsbridge Brokers, LLC
Many of the business brokerages in the world today are either franchise locations which can diminish the service given or they are brokerages that have very little experience building, buying, selling, and strategically advancing a company.
Kingsbridge was born out of the realization that our founder had when dealing with over two dozen business brokers and not one of them had the creative skillset needed to represent him or his clients.
Kingsbridge has the most unique, complete, and supported system that we have ever seen. This allows us to provide better service and better results for our clients.
That depends on many things. What industry is the business in? What is the geographical location or restrictions of the business? Are there regulatory issues with the business? Is it easy to identify and communicate with the perfect buyer? Is the pricing and deal structure such that it facilitates a quick transaction?
Even though we have contracted with clients and finished deals in under a month, the reality is still that it can take time to buy or sell a business. That time is not wasted though; that is when you should be training and putting out soft-growth strategy if you are the buyer. If you are the seller that time should be used closing out loose ends and preparing for your next phase in life.
The age old expression "you get what you pay for' is true in the business transaction world. Sure, many brokerages operate their business by getting as many business listings as possible and just hope enough of them sell through the law of averages that they make a profit. Every business is free to operate as they see fit.
We choose to provide more of a service and that begins from the very first meeting. Making sure your business is in the best position to sell or you are equipped and prepared as possible to purchase.
We provide training, resources, and we don't just "list and sell/buy" like many in the industry.
If you are a buyer, we not only get you ready to own a company but we will seek out businesses that are not even listed for sale and try to get you deals that would blow the minds of the average business broker. That is just not going to happen in the world of "list and buy/sell."
If you are a seller we take the time to identify who would be your perfect buyer and we don't mean a generic buyer profile but identify by name, address, location individuals/companies that would buy your company. We then make sure we meet with them and provide them the opportunity they have always been looking for. This proves to be not only a faster way to sell a company but also the way to get the highest price. We have taken businesses that were listed with other brokers and not selling for $8 million and when we got the listing we sold it for a more appropriate $20 million because we don't just "list and sell/buy" we understand business.
Both Kingsbridge and Purple Monkey Garage are part of the Tolley & Co family of businesses. Purple Monkey Garage is the world's first 'sports agency' for businesses, a company that actually operates as an entire business growth department. The results of which has been nothing short of life altering.
We noticed many people were being sadly under-serviced by business brokers in terms of service, deal structure, and of course after-the-sale services. Therefore, we created the ultimate pairing, Kingsbridge and Purple Monkey Garage. Together we offer a suite of services that no other company in the industry could even dream of offering. This provides a massive increase in success for our clients who are buying, selling, or growing through acquisition.
Not only are Kingsbridge and Purple Monkey Garage both under the same umbrella but so to are about a dozen other companies. What this means to our clients is not only do we most likely have experience and connections in your specific industry but we can leverage the weight of our entire business conglomerate for your success.
This brings to the table not only better buyers and sellers but also suppliers, politicians, governments, and all of those elite tools of success that most businesses doing under $200 million a year just don't have access to. Now, you do!
Yes.
There is no way to sugar coat this reality. So many business owners have been looking at their business as this ultimate financial cushion that they could always count on if they needed money or wanted a comfortable retirement.
The reality is though that that vast majority of businesses under $200 million that are listed to sell will not sell. Ever.
It is so dismal that while 80% of businesses listed never selling seems to be what the industry is willing to admit to, there are some real estimates that only 5% of businesses trying to sell will find a buyer. FIVE percent!
This sad fact is why when you look at most business brokerages, they will try to list hundreds of businesses for sale in hopes that 10-20% will find a buyer and they will make some decent commissions.
We believe that is just the wrong way to do business. You should never put 100 people on a plane and be happy when 10 of them survive.
Kingsbridge was built on the idea of helping business owners position their companies to sell, hunting the right buyers, and structuring deals where they are being sold in such a way that benefits all parties.
Because of our method of operation we have never failed to sell a company. Yes, really. We have a 100% sell rate going into mid 2022.
It's time to discover the Kingsbridge difference.
Many brokerages will actually set up two businesses. One for the Main Street transactions which are the typical small business transactions familiar to the Business Brokerage world. A second company with a more prestigious sounding name to do their M&A work which are deals that fall into three sets of tiers up to $250 million.
At Kingsbridge, we are not ashamed to help smaller businesses. Sure, our first transaction was a M&A mid-market eight-figure transaction but we are equally caring and service oriented to the retiring couple selling their dry cleaning business for mid-six figures.
We have separate teams, tools, and systems for each level of enterprise but it still all falls under one roof.
STILL HAVE QUESTION?
If your question isn't covered in our FAQ, don't hesitate to get in touch! We're here to assist you. Contact Kingsbridge Brokers for personalized support and expert guidance. We look forward to hearing from you!
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CONTACT DETAILS
Kingsbridge Brokers
Phone: (833) 865-4647
Email: info@Kingsbridgebrokers.com
Office: 1334 Brittmoore Rd, Houston, TX 77043
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