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Allen Lindley and Carl Grimes celebrate the closing on Datakeepers Technology

Data KeepersLess than a year ago Laura Reuther, owner and founder of Datakeepers Technologies of Lebanon, Missouri contacted Carl Grimes of The CBI+Team and expressed interest in selling her unique, niche educational software company.

After having an independent, third party, certified business appraisal done to help Laura establish a framework for the value of the company, the CBI+Team listed the business for sale and took it to the market.

The advertising and marketing conducted by The CBI+Team produced over 125 interested parties. Allen Lindley of the Springfield, Missouri office of The CBI+Team, began pre-screening the various parties. The Datakeeper listing attracted international attention in addition to USA-based companies.

Very quickly three offers were made on the business, one of which was from a successful entrepreneur from Houston, Texas. After due diligence including face to face meetings between the Seller and Buyer and a meeting with the national organization that supports Datakeepers, the deal closed successfully for all parties.

Laura will remain on with the Buyer for a period of time as a consultant and will collect royalties for a specified period of time.

If you have a software company that you’re thinking about selling, contact Carl Grimes of The CBI+Team at (877) 582-5200 or carl.grimes@cbiteam.com and we will help you begin the process of preparing your business for sale so it can be presented to hundreds of potential buyers utilizing the proprietary CBI+Team marketing plan.