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Better Deals Can Be Made With Kindness & Professionalism

Better Deals Can Be Made With Kindness & Professionalism

We'd like to thank Mark Daoust, owner of Quiet Light Brokerage, for giving us permission to reprint the blog post below.  Mark is the go-to-guy for the purchase or sale of online eCommerce businesses and if you have an interest in that space, we encourage you to contact him at inquiries@quietlightbrokerage.com.

Cheval Capital, Inc.

Disclaimer: This post is for general information purposes and is not meant to be taken as financial advice, a recommendation to buy or sell any stocks mentioned above, a comprehensive discussion of valuation or how to do the calculations discussed. Please be sure to consult your financial advisors when valuing your company, considering the sale of your business or making other financial decisions.

Better Deals Can Be Made With Kindness & Professionalism

In Hollywood movies, the big-shot businessman is always sitting in their high-rise office negotiating big-dollar deals and barking down the phone. It is easy to look at that and think this is the way it should be done in real life.

Cheval Capital Advises Melbourne IT Group on the sale of their International Domain Name Business to Tucows

Congratulations to the folks at Melbourne IT on the sale of their international domain business to Tucows.  Cheval advised Melbourne IT in the sale. 

Melbourne IT Group is a publicly listed company based in Australia. Their Small and Medium Business Division is Australia’s largest domains and hosting business, providing service to SMB’s under the Melbourne IT, WebCentral, Netregistry, and TPP brands.  Melbourne IT’s Enterprise Services Business Division is Australia’s leading software and cloud enabled and services business, operating under the Melbourne IT, Outware Systems and InfoReady brands. 

Frank Stiff, President of Cheval Capital commented on the event, “We were pleased to have been able to assist Melbourne IT with this transaction. Melbourne IT’s international domain name business, with its 250 global resellers across the USA, Europe and Asia, is a unique asset and was an excellent opportunity for Tucows to acquire a loyal, profitable base of resellers that has the same core needs as their existing wholesale customers.”





Hillary Stiff Speaking At HostingCon Europe

Hillary Stiff will be speaking at HostingCon Europe in Amsterdam on October 15.  The panel will look at Hosting Metrics and how they can help a hoster run their business, raise capital or get a better valuation when it comes time to sell.  The panel will also look at how a hoster can go about tracking the numbers necessary for such metrics.

Other panelists include Tenko Nikolov, CEO of Siteground and Erik Logtenberg, CEO of Vevida Services bv.

Please let us know if you will be attending as we'd be happy to get together.

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