Madhukar Sharma acquired Ciara Medical Equipment of Oklahoma City and Tulsa, Oklahoma in September. CBI Central Arkansas Managing Partner, Casey Grimes managed the transaction for the Seller and Buyer. The Seller, Trenton Stillwell initially contacted CBI Team interested in acquiring another healthcare business that CBI Team had for sale. He later decided to sell his business with CBI instead. In 5 months from the time the business was listed, Casey and the CBI Team found Madhukar Sharma, who owns multiple healthcare businesses. Given the potential for Madhukar’s businesses to align with Ciara Medical Equipment, Casey was able to bring the parties together for a successful transaction.
The CBI Team has identified many other prospective buyers for just about any kind of business. If you are considering selling your business anytime in the next few years, contact CBI today for a free, confidential business review at confidential@cbiteam.com or call 877-582-5200. To grow your business, consider CBI’s Certified Value Builder program!