#United States #Philadelphia #Middle Market #Viking Mergers

Viking Mergers & Acquisitions Expands into Philadelphia

Viking Mergers & Acquisitions has recently launched a new office in Philadelphia, signifying their growth into the ninth state and reaffirming their commitment to serving lower middle-market businesses. Managing Partner, Geoff Veale, leads this initiative, bringing over 25 years of intricate experience in private equity and investment banking. This expansion is strategically important, as Philadelphia is regarded as a vibrant business hub with a rich entrepreneurial legacy, featuring a variety of industries ranging from manufacturing to technology and financial services.

In remarks about the expansion, Veale highlighted the unique character of Philadelphia’s market, featuring deeply rooted family businesses and a diverse economic landscape. He noted the region's robust buyer demand, which offers business owners numerous opportunities even amid increasing complexities in navigating the market. As the new office positions itself within this dynamic environment, it aims to assist entrepreneurs in understanding their choices, enhancing the value of their ventures, and making informed decisions as they consider their next steps.

Geoff Veale’s extensive background equips him with insights from both sides of the advisory table. Before joining Viking, he established Outrider Capital Partners, focusing on long-term investments in family-owned enterprises. His previous roles include significant positions at Jefferies Capital Partners, J.P. Morgan Securities, and Milestone Partners, where he advised numerous mergers and acquisitions across a diverse array of sectors. This depth of experience, combined with his empathetic approach, allows him to guide business owners transparently through the intricate mergers and acquisitions process.

The Philadelphia office reinforces Viking's mission to provide hands-on, relationship-focused advisory services specifically tailored to lower middle-market business operators. Whether these business owners are looking for opportunities to grow, form partnerships, or explore potential exits, Viking’s Philadelphia team is prepared to assist them at every stage.

Viking's operations in Philadelphia stand as part of a larger, multi-state network that positions them as one of the most substantial business brokerage firms in the country. They have a successful track record, having transacted over 950 businesses since its inception in 1996, with a remarkable 85% success rate in closing businesses brought to the market. More impressively, listings typically secure sales averaging 96% of their asking price.

Why Philadelphia Matters

Philadelphia is strategically located between major cities such as New York and Washington, D.C., making it an advantageous location for business dealings. The mix of sectors in the region fosters a supportive environment for mergers and acquisitions activity. Viking’s decision to expand into this area demonstrates its responsiveness to market demands and the potential to grow its client base significantly.

As they establish their foothold in Philadelphia, Viking Mergers & Acquisitions invites business owners contemplating a valuation or sale to explore how they can leverage Viking’s expertise. For more information or to receive a free confidential business valuation, individuals can visit their website at Viking Mergers & Acquisitions.

In conclusion, this expansion into Philadelphia demonstrates Viking’s commitment to nurturing relationships and fostering a thriving business environment. With seasoned experts at the helm, the firm is well-equipped to assist local business owners in navigating their futures successfully.