ABOUT US
Founded and led by Todd Siegel, an entrepreneur, attorney and CPA, Atlantic Avenue Capital is a special purpose acquisition fund based in Palm Beach County, Florida dedicated to identifying, acquiring and operating exceptional businesses in our home town. Focused on the long-term, AAC works to ensure an ownership transition that respects you, your employees, business relationships and the communities you serve. Building on your achievements and foundations, we rely on our acquisition, operating and business-building success to create long-term value and preserve your legacy.
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At AAC, we are passionate about small-to-medium-sized businesses—the stories, the people, the challenges and the opportunities. Unlike many private investment firms, we don’t have time constraints and aren't pressured to put money to work, allowing us to be agile and flexible in meeting your short- and long-term objectives. Whether you wish to exit completely or take more of a back seat, we are committed to a win-win transaction structure that suits your needs and circumstances as well as ours.
If you are ready to move to the next stage of your life but remain committed to your business and those who helped make it what it is, we have the experience, vision and sense of purpose that can make it happen. We can provide you with the peace of mind that comes from knowing your business is in good hands, overseen by a team that has integrity as its principal core value, and that is committed to operating your business for the long term.
OUR APPROACH
Our win-win mentality begins with a relationship built on trust. Because we are aware of the sensitive issues associated with selling a business, we maintain strict confidentiality and remain fully cognizant of the impact that a potential sale can have on employees, customers, vendors, competitors, and your family.
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Typically, we have an initial call with an owner to learn more about him or her and the business. Assuming this discussion goes well, we sign a non-disclosure agreement (NDA) and seek to learn more about the financial aspects of the business. This helps determine if it works as a potential acquisition or whether it makes more sense for us to recommend another way to achieve the desired results.
If a prospective acquisition appears to be a good fit, we indicate our interest and arrange to meet in person so both sides can learn more about each other. After that, we evaluate the business and conduct due diligence, moving forward as quickly or as slowly as necessary, depending on the owner’s requirements and the particulars of any deal. Below is an overview of how the process works:
INITIAL CALL
NDA, Indication of Interest
BUSINESS EVALUATION
Letter of Intent
DUE DILIGENCE
Sale and Purchase Agreement
TRANSACTION CLOSE
Transition Plan
