As a former principal at HLB Gross Collins, I am pleased to continue to be able to work with the firm’s professionals as the Chief Financial Officer of a long-time client of the firm. Serving a complex operation such as Mirasco’s is challenging, and Michael Bohling and Iliana Malinov meet that challenge by constantly thinking about our business and being in regular contact with me. Along with the managers, Adil Amou and Michelle Jenkins, they keep us current on reporting and tax developments. Our international scope requires advisors who are constantly thinking about all the implications of our transactions, and the HLB team does a great job bringing us ideas and responding to our questions.
Rick Hamilton EVP & CFO
MIRASCO Inc.
Our Transaction Services team provides strategic guidance and expertise for clients who are embarking on the buying or selling process. We understand the significance of these transactions and all of the steps leading up to the transactions. We help clients set the stage for a successful transaction by performing a strategic analysis of the goals.
Formation
When evaluating business formation, we work with clients to ensure that all of the pieces are in place. The decisions made during the formation stage will greatly affect the financial potential of the shareholders. The experienced professionals at HLB Gross Collins, P.C. perform the necessary due diligence to properly structure a new entity. This includes:
Financing
Our Transaction Services team helps clients assess alternate financing structures in order to minimize risk. We analyze and advise on covenants for new loans, prepare financial information, and analyze and advise on private equity infusion. Common financing structures include:
Transition
There are multiple factors that come into play during the transition phase. Earnings, Risk, and Taxes are at the forefront. Services we provide within each phase are outlined below.
Succession
You have worked hard for many years to build a successful business. Transitioning the business to new ownership can be difficult from an emotional standpoint, so our goal is to make it as smooth as possible from a financial standpoint. Proper planning and evaluation of options is critical in making the transfer of control as seamless as possible. We help assess the benefits of Family Partnerships, ESOPs and other structures for succession. Our experts evaluate the benefits of each option as they relate to your situation in order to minimize income and gift taxes.
Private Equity Group Expertise
HLB Gross Collins, P.C has developed a powerful and unique set of tools that are particularly valuable for Private Equity firms. Our specific knowledge and expertise in this space allows us to assist clients in becoming more effective with portfolio management, equip them with real-time data for critical and timely management decisions, and provide assurance to the reliability of the financial records of the portfolio companies.
HLB Gross Collins, P.C. provides the following services to our clients in the Private Equity arena:
International Expertise
As a network member of HLB International, HLB Gross Collins, P.C. has access to knowledge of financial experts in over 130 countries. HLB Gross Collins, P.C. offers clients exceptional service and knowledge in all areas of international tax, accounting and financial reporting needs whether they are doing business locally or across the globe.
Our international expertise includes:
Packard has been a client of HLB Gross Collins for 33 years, through the tough years and the growth years. They have been a loyal and trusted advisor to us for everything from Audited financials to our recent transition to 100% ESOP, we could not have completed this transaction without their expertise. The firm has grown with us over these years and we look forward to trusting them for all our accounting and tax needs for many years to come. I don’t know how to say enough about how I trust the advisors and friends I have a HLB Gross Collins.
Susan Kirkland, President
Packard, Inc.
HLB Gross Collins has been an outstanding partner for our business for over 15 years. Wayne Gilmore and the partners and staff at HLB Gross Collins have supported our multi-national business tax and advice needs effectively and efficiently. Whether evaluating the tax and business consequences of an international or domestic job or completing the inevitable paperwork and tax returns required, HLB Gross Collins always provides the support we need. I highly recommend HLB Gross Collins to any business.
Steven R. Baardson, CFO & General Counsel
TransGlobal Energy, Inc.