PHOENIX, AZ, Nov. 18, 2003 — Dinan & Company LLC, the nation's leading buyside M&A investment bank announces DealAssist(TM) http://www.dealassist.com, a new M&A outsource service that saves money for strategic acquirers and private equity firms by handling upfront solicitation, evaluation, and due diligence functions on an hourly fee basis. An industry first, DealAssist provides buyers with Dinan & Company's proprietary deal flow generating methodologies-without a contingent transaction fee.
Developed as a way for firms to streamline the acquisition search and evaluation process, DealAssist increases proprietary deal flow and lowers overall transaction costs. Dinan & Company's 15 years of successful buy-side representation expertise ensures that clients develop potential acquisition candidates in an efficient, cost-effective manner.
"A long-time client observed that our success rate in developing acquisition candidates was significantly higher than their in-house efforts," said Michael Dinan, the company's President. "They couldn't justify the standard Lehman formula transaction fee to have us pursue their internally identified targets, so they asked us to develop an outsource solution that would accomplish their goals while minimizing internal costs. The result was DealAssist."
In addition to eliminating large transaction fees, DealAssist's exclusive acquisition search capabilities provide:
— The ability to focus on the critical aspects of the transaction while outsourcing the tedious and time consuming functions
— A negotiating buffer with a potential target who may be initially hesitant to enter into direct discussions with a competitor/buyer
— A way around the initial difficult questions concerning valuation and treatment of employees
"DealAssist is the definitive M&A outsource solution," said Dinan. "Whether a client has two or two hundred acquisition targets, DealAssist can create significant cost savings as well as create efficiencies in the acquisition search process."
For more information about how DealAssist can help lower your acquisition costs and increase your proprietary deal flow, please visit http://www.dealassist.com or contact Michael Dinan at 602.248.8700 or email Email to discuss your custom acquisition program.
Founded in 1988, Phoenix-based Dinan & Company, L.L.C., is the nation's leading merger and acquisition advisor dedicated exclusively to buyer interests. Dinan & Company has conducted successful acquisition search programs for corporate acquirers such as General Electric, Emerson and TYCO International as well as many of the nations leading private equity groups.