For over three decades, the principals of Southern Mergers & Acquisitions positioned themselves as the dominant Jacksonville business brokerage firm, serving all of North Florida.
Southern Mergers' team continued to grow and expand throughout the Southeast, incorporating business sales in Jacksonville and North Florida, as well as Virginia, West Virginia, Mississippi, Florida and Georgia, North & South Carolina, and other states.
We continue to specialize in the sale of manufacturing, distribution and service related businesses. The majority of our transactions fall within the $1 Million to $25 Million range, however, we broker all types of businesses priced both above and below these amounts.
We are members of the IBBA (International Business Brokers Association) and the Sunbelt Business Brokers Network, the largest mergers and acquisitions network in the world. Southern Mergers' managing partner, Bill Law, obtained the IBBA professional designation of Certified Business Intermediary in 1997. He has been a licensed real estate broker and broker in charge for over two decades.
Prior to becoming a full time Jacksonville business broker in 1992, Mr. Law was an accountant and auditor. His wealth of knowledge in understanding tax issues, extraordinary people skills and general knack for deal creativity have helped hundreds of business owners transfer their business to purchasers while saving them millions of dollars in taxes.
We have sold just about every kind of business imaginable. Provided the company is not a start up entity, we assist all types of business owners in the sale process. Our vast experience includes our smallest transaction involving the resale of a franchise business to a first time buyer and our largest transaction, a $50,000,000 manufacturing company to a private equity group. However, many of our business transactions are industrial related involving sales to corporate buyers that are often strategic in nature. We encourage you to view some of the transactions our staff has been involved with over the years.
Many of the businesses we have sold have never officially been on the market or seen on the internet, and occasionally, business owners have instructed Southern Mergers only to bring them specifically qualified buyers.
We understand selling or buying a business is often the largest financial decision many of our clients will ever make in their lifetime. Choosing an experienced intermediary is an extremely important step. Southern Mergers understands completely that the only deals that get done are those where both parties feel equitably compensated and those which culminate in a win-win situation.
All parties must feel they were treated fairly, ethically and professionally. Obviously, a Seller wants to obtain maximum value for his company. Southern Mergers helps business owners obtain full value for their business and structure the deal with the most favorable tax friendly terms.
Southern Mergers begins this process by recasting the business owner's statements and determining true cash flow or adjusted earnings. We then assist the business owner in determining a fair market value, marketing the business confidentially and professionally, and carefully screening buyers in order to ultimately bring forth the right buyer for the business. Usually, the owner of a business is interested in procuring a buyer who will not only pay a fair price, but will also take good care of his/her employees and continue to carry on the business in good standing. For a successful sale to occur, the buyer and seller must personally like and trust one another. Southern Mergers fully understands this and we strive to provide optimal service to both sellers and buyers while transacting each sale.
P (904) 819-6930
F (904) 819-6939
Florida - Broker #BK3208197
Bill Law is a Certified Business Intermediary and a 1983 graduate of the University of North Carolina at Charlotte with a B.S. in Accounting.
During his accounting career, Bill worked for various manufacturing companies and financial institutions as an internal auditor, investment accountant, banking supervisor, real estate development controller and financial analyst. In 1992, he founded Sunbelt Business Brokers Charlotte business brokerage office and has been Sunbelt's longest standing franchisee.
Bill is the managing partner of Southern Mergers & Acquisitions, Inc. Since joining the IBBA in 1996, he has served as a speaker / instructor at a number of the IBBA national training conferences.
Mr. Law focuses on mid-market transactions in various industries, but specializes in the sale of manufacturing businesses to corporate entities and financial buyers. Some of his transactions have exceeded $20 Million in sales price with some involving multiple sales of companies to buyers in a particular industry.
Bill spends much of his time working with manufacturing clients and buyers throughout the Southeast. He has extensive experience in working with CNC Machining, Metal Fabrication and Equipment Manufacturing related companies
Florida Sales Associate License # SL3537712
Hunter graduated from the University of Mississippi “Ole Miss” with a degree in finance. He is following his father’s footsteps with a career in business brokerage. Hunter is currently licensed in the state of Florida to sell businesses and is actively pursuing his real estate license in other states.
He is active in selling businesses in Florida and the Carolinas. Hunter is a huge fan of the Carolina Panthers and is glad to see they drafted his Ole Miss quarterback. He is also a Charlotte Hornets, Carolina Hurricanes and Tampa Bay Lighting fan. Hunter enjoys boating, fishing, golf, traveling and playing tennis
After earning his MBA, Phillip Abdelnor spent fifteen years in Senior Level positions with GTE (now Verizon), Hilex Poly (Sonoco spinoff)
and American Federal, after which he served as Controller for Pepsi and Adams Steel for over 10 years while managing a successful consulting group focused on Banking, Healthcare and Small Business Turnarounds.
Phillip also has a working knowledge of overseeing structural steel and welding operations. He is a former resident of Florence, SC and moved to St. Augustine, FL in 2021. He is pursuing his real estate license in Florida, but continues to sell businesses in the Carolinas.