Session 3: Sale to Private Equity

Velocity 6633 18 Mile Road, Sterling Heights, MI

Considering Sale to Private Equity? Is selling to a private equity firm on your radar as the next step for your business growth or succession plan? Join us for the third session of our event series on Succession Planning, presented in collaboration with UHY Advisors.


Led by Ben Hartman, this session will delve into the nuances of selling to private equity, providing you with invaluable insights and guidance to navigate this path with confidence.


Here's what you can expect to learn:

• How to position your business for a successful sale to private equity.
• Timing considerations to optimize your sale.
• Understanding the net proceeds after taxes to ensure a profitable transaction.
• Exploring the opportunities and potential pitfalls associated with selling to a private equity group.


Don't miss this opportunity to gain a comprehensive understanding of the sale to private equity process and make informed decisions about the future of your business. Elevate your succession planning strategy and solidify your business legacy with expert guidance from UHY.


About the Presenter:


Ben Hartman
Principal, UHY Corporate Finance


Ben is a member of the firm’s Corporate Finance practice. Ben has investment banking experience with dozens of domestic and international transactions across a broad range of industries and underwriting cash flow basedloans, including sponsor-backed leverage buyouts, recapitalizations, and acquisitions within a national banking group.


Professional Experience:

• Experience includes investment banking experience with dozens of domestic and international transactions across a broad range of industries and underwriting cash flow basedloans, including sponsor-backed leverage buyouts, recapitalizations, and acquisitions within a national banking group
• Sell side and capital advisory services serving strategic and private equity clients engaged in divestitures, restructuring, carve-outs, private capital raising, and venture capital
• Extensive knowledge with delivering quantifiable benefits to buy side clients including adjustments to reported EBITDA and net assets, purchase and sale agreement modifications, and working capital adjustment mechanisms
• Solid track record of successfully selling companies to both strategic and private equity buyers including pre-sale positioning, market research, writing offering memoranda, executing robust marketing processes, managing company presentations, creating dynamic financial models, and negotiating deal terms

Free

Coffee & Conversation: September 2024

Velocity 6633 18 Mile Road, Sterling Heights, MI

We are thrilled to invite you to our September Coffee & Conversation event featuring Brenda Meller, a dynamic and enthusiastic LinkedIn strategist. This event is perfect for solopreneurs, business professionals, and job seekers looking to enhance their LinkedIn presence and enjoy a bigger slice of the LinkedIn pie.

LinkedIn is a powerful professional networking platform that can be used to build your personal brand and support your business goals as an entrepreneur or small business owner. During this hands-on workshop, you’ll learn and implement tips to support your personal and professional brand visibility and increase your effectiveness using LinkedIn. Bring your questions, make sure you have the LinkedIn app updated on our phone, and get ready for an engaging, high-value workshop! Growing & evolving your personal brand–it’s as easy as P-I-E.



Velocity's Event Coordinator, Nadia LaPensee will be hosting the event and is available for any questions you have.



About the Presenter:

Brenda Meller

Chief Engagement Officer, Meller Marketing

Brenda's journey began when she discovered the power of LinkedIn during a career change at the height of Michigan’s downturn in 2008. Since then, she has shared her extensive knowledge of social media through workshops, webinars, presentations, and blogs. In 2017, Brenda took a leap of faith and turned her side hustle into her dream job with the launch of Meller Marketing. Her entrepreneurial spirit led her to achieve several milestones, including publishing her first book and launching her podcast, "Enthusiastically Self-Employed."



With a “judgment-free” approach to teaching LinkedIn, Brenda ensures that every attendee is inspired, informed, and entertained while gaining practical insights that can be applied immediately. Her solid marketing education and experience, combined with her self-taught expertise across various social media platforms, make her an invaluable resource for anyone looking to elevate their LinkedIn game.



Brenda has been recognized as a MichBusiness Most Valuable Professional and a Marketing & PR Prophet. She is also a member of Inforum and the Detroit Economic Club, and she leads the Troy networking group. As a national speaker and online course creator, Brenda engages with audiences at conferences and corporate events, helping solopreneurs, business professionals, and job seekers worldwide.



Don’t miss this opportunity to learn from one of the best in the industry. Join us for Coffee & Conversation with Brenda Meller and take your LinkedIn skills to the next level.

Free

3×3 Pitch Competition

Velocity 6633 18 Mile Road, Sterling Heights, MI

3 Companies. 3 Minutes. 3 Awards.

Get ready to be inspired at the Velocity 3X3 Pitch Competition!

Come watch as local entrepreneurs take the stage to share their incredible stories of resilience and success during the COVID-19 pandemic. In this fast-paced event, each participant will have just three minutes to present how they navigated challenges, adapted their businesses, and emerged stronger than ever.

Whether you're an entrepreneur yourself, a supporter of small businesses, or simply someone who loves hearing innovative success stories, this is an event you won't want to miss. Join us as we celebrate creativity, determination, and the entrepreneurial spirit that keeps our community thriving.

Reserve your seat now and be part of an evening filled with inspiration and triumph!

This project is being supported, in whole or in part, by federal award number SLFRP0127 awarded to Sterling Heights Local Development Finance Authority (“LDFA” or “Velocity”) by the U.S. Department of the Treasury.

Free

Coffee & Conversation: October 2024

Velocity 6633 18 Mile Road, Sterling Heights, MI

We're excited to invite you to our October Coffee & Conversation event featuring Faris Alami, CEO of International Strategic Management (ISM, Inc.)! Faris helps business owners develop a solid foundation and business strategy so they can be successful—helping to improve sales, productivity, organization, company culture, and employee relations.

Velocity's Event Coordinator, Nadia LaPensee will be hosting the event and is available for any questions you have!

About the Presenter

Faris Alami

As founder and CEO of International Strategic Management (ISM, Inc.) Faris works with international leaders and entrepreneurs on strategies and implementations, creating empowering environments for startups and existing businesses to prosper and grow. Faris also founded the non-profit Connecting Dots Globally – a STEMpreneurer program where high school and university students learn to launch a global technology company. In his career, he has been a special advisor and entrepreneurial ecosystem expert with the World Bank, a business advisor with Goldman Sachs 10,000 Small Business Program, and a mentor to MBA students and entrepreneurs globally. Faris works with high-ranking officials facilitating economic and workforce development programs in entrepreneurship, small/medium enterprise development, mentorship, and funding. His insights into strategies for and facilitation of entrepreneurship activities have been sought out by more than 61 leaders of nations and organizations. He currently serves as Chair of GlobalTies Detroit, on the Board of Directors for Leadership Oakland and the American Lung Association to name a couple, and Advisory Boards across America.

Free

CEVA: City Electric Vehicle Alternative

Velocity 6633 18 Mile Road, Sterling Heights, MI

Join us for the unveiling of AMTeK-Global’s City Commuter Electric Vehicle Alternative (CEVA), a groundbreaking solution for urban mobility. Designed for short trips in cities, college campuses, retirement communities, indeed anywhere, that a low-speed vehicle is a more logical choice! CEVA is a cost-effective, sustainable alternative to traditional mobility options. At the event, you’ll learn directly from the founders about their innovative journey, their growing network of global dealers, and how CEVA is transforming the personal mobility landscape.


About the Event

CEVA

Founded in Detroit in 2023, AMTeK-Global developed CEVA after years of R&D to create a simple, sustainable, and functional vehicle. It’s not intended to replace the family car but to complement it for point-to-point trips in congested urban areas or leisurely rides through parks and campuses.



Don’t miss the chance to explore the future of transportation! Check out the vehicle in person and be among the first to experience their new website. Come see what CEVA is all about and join us in shaping the future of mobility!

Free