Viking M&A Opens New Office in Philadelphia to Support Growth
Viking Mergers & Acquisitions is proud to announce its expansion into Philadelphia, marking a significant milestone as the firm opens its ninth office across the United States. This strategic move is aimed at providing lower middle-market advisory services to the vibrant business community in this key Mid-Atlantic region.
Leadership and Expertise
Leading this new office is Managing Partner Geoff Veale, who brings a wealth of experience in private equity, investment banking, and advisory roles. His extensive background positions him well to support small- to mid-sized business owners seeking guidance and strategic advice in navigating complex market conditions.
The Market Potential
Geoff Veale expressed enthusiasm about entering the Philadelphia market, highlighting its rich entrepreneurial environment, established family businesses, and diverse industry presence. “Philadelphia is a market with deep entrepreneurial roots and strong buyer demand,” Veale stated. “Business owners are navigating more complexity than ever, and our role is to help them understand their options, maximize value, and make informed decisions about their next chapter.”
Geographic Advantage
Philadelphia's geographic location offers a unique advantage, situated strategically between major financial centers such as New York and Washington, D.C. This positioning fosters a thriving economic landscape characterized by sectors including manufacturing, industrial services, financial services, technology, and life sciences, which collectively drive M&A activity.
Experience and Insight
Veale's professional journey spans over 25 years, during which he has worked both as an investor and an advisor. Before joining Viking, he founded Outrider Capital Partners, focusing on long-term capital for family-owned businesses. His earlier roles included significant positions at Milestone Partners, Jefferies Capital Partners, and J.P. Morgan Securities, where he advised on numerous mergers and acquisitions across various industries.
“My experience on both sides of the table allows me to guide business owners through the intricacies of the M&A process with transparency and empathy,” Veale explained. “Understanding what buyers seek is essential in helping business owners achieve successful outcomes.”
Commitment to Personalized Service
The establishment of the Philadelphia office enhances Viking M&A's commitment to providing personalized, relationship-driven advisory services. Focused on serving lower-middle-market business owners, the firm is positioned to assist clients seeking growth opportunities, strategic partnerships, or exit strategies.
A Track Record of Success
Viking Mergers & Acquisitions has built a robust reputation since its inception in 1996, having successfully facilitated the sale of over 950 businesses. With an impressive 85% close rate on businesses brought to market, the firm consistently achieves sales that average 96% of the initial asking price. This track record underscores the firm’s expertise and dedication to its clients' success.
About Viking Mergers and Acquisitions
Viking M&A of Philadelphia provides comprehensive merger and acquisition services tailored to the needs of small and middle-market business owners. As part of a larger multi-state network, this office is backed by one of the leading business brokerage firms in the United States. Their commitment to helping entrepreneurs navigate the complexities of selling a business remains paramount.
Frequently Asked Questions
What services does Viking M&A offer in Philadelphia?
Viking M&A provides merger and acquisition advisory services tailored for small to mid-sized business owners, focusing on growth and exit strategies.
Who is leading the new Philadelphia office?
The new office is led by Managing Partner Geoff Veale, who has extensive experience in private equity and investment banking.
What industries does Viking M&A focus on?
Viking M&A serves a variety of industries, including manufacturing, technology, financial services, and life sciences.
What is Viking's success rate in closing deals?
Viking M&A boasts an impressive 85% close rate on the businesses they bring to market, with average sales at 96% of the asking price.
When was Viking Mergers & Acquisitions established?
Viking Mergers & Acquisitions was established in 1996 and has since grown into a prominent business brokerage firm.