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SOLD! Otter Creek Preschool

Otter Creek Preschool

Pictured left to right: Melissa Rackers (Buyer) and Cindy Morgan (Seller)

Thanks to the hard work of Confidential Business Intermediaries/The CBI+Team of Central Arkansas another business has sold! Otter Creek Preschool, owned by Cindy Morgan, has been serving the southwest part of Little Rock since 1980 and has developed a reputation as a first-class childcare program. Within 3 months Shep Campbell, Senior Intermediary for The CBI+Team, helped Cindy prepare the business for sale, confidentially take it to the market, qualify buyers, and sell the business to Melissa Rackers.

Shep reached out to Otter Creek Preschool’s owner Cindy Morgan in March to see if she would be interested in acquiring another childcare center that he’s currently representing for sale. Shep quickly discovered that she wasn’t interested in buying another center, but was interested in selling her own. After helping Cindy prepare her business for sale Shep contacted every childcare center in the area to see if they would be interested in expanding their business. He found the perfect match when speaking with the owner of Adventureland Academy, Melissa Rackers. Shep disclosed Otter Creek Preschool to Melissa and setup a meeting between the buyer and seller. Shortly afterward, an agreement to purchase was signed and accepted by both parties and the business officially transferred ownership on May 29, 2015.

Contact Confidential Business Intermediaries/The CBI+Team today at (877) 582-5200 or info@cbiteam.com to find out how the CBI+Team can help you sell your business!