Steve Kandt has assisted numerous business owners in successfully valuing and selling their companies during his twelve years as a business broker. His closed deals have ranged from manufacturing firms to wholesale and distribution companies to retail businesses and franchise resales to everything in-between. Mr. Kandt also has extensive experience selling B2B and B2C service companies with specialties in information technology and business software.
Prior to entering the business brokerage world in 2007, Mr. Kandt founded a computer software development and consulting services company featuring enterprise work force management and scheduling software. The company’s clients consisted of Fortune 1000 companies and large financial service businesses. At its peak, the company had annual sales exceeding $6 million. Mr. Kandt held many positions during his 22 years with the company, including President/CEO and Director of Professional Services while often functioning as de facto Controller. Mr. Kandt acquired experience in business valuations, and mergers and acquisitions during his tenure as he oversaw the acquisition of two complementary businesses and the eventual sale of the entire company.
When Mr. Kandt entered the business brokerage profession, he quickly realized that he had previously experienced virtually every problem a business owner encounters in starting, building, and managing a business. His lengthy industry tenure has provided him with the tools to advise business sellers on a variety of issues as businesses are prepared for sale including managing timing and costs, and relationships with customers, banks, vendors and lawyers. His approach to negotiation is to find areas of agreement between buyer and seller and build upon them to reach a beneficial arrangement for all stakeholders.
Mr. Kandt holds a BS in Systems Engineering from Michigan State University, East Lansing, MI.
