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Stephen Quisenberry Joins The Forbes M+A Group

Mr. Quisenberry Will Bring Decades of Experience as an Entrepreneur, Trusted Advisor, and Dealmaker

Greenwood Village, CO (November 11, 2019) – The Forbes M+A Group, a leading transaction advisory firm, today announced Stephen “Steve” Quisenberry has joined the firm as a Managing Director.  A native of Colorado, Quisenberry brings 25+ years of experience as a serial entrepreneur and dealmaker within a wide range of industries.  He has also been honored with the Ernst & Young 1995 Entrepreneur of the Year, Denver Chamber of Commerce 1994 Emerging Small Business Award, and sits as a board member of the Vail Leadership Institute.

“We are looking forward to having Steve as a part of our expanding team of expert advisors. He has an amazing track record of successful transactions, domestically and abroad.  He has completed deals in excess of $1.5 Billion, spanning outdoor recreation, consumer products, manufacturing, distribution, energy, mining, healthcare, education, and technology industries” said Bob Forbes, President and Founder of The Forbes M+A Group. “Steve’s vast experience in owning, operating, and exiting companies makes him a fantastic advisor to our clients and addition to our firm.”  

Prior to joining Forbes, Quisenberry founded 105 Meridien in 1990, a private label/OEM manufacturer of sports bags and luggage. His clients included Eddie Bauer, L.L.Bean, Cabela’s, Harley Davidson, Mizuno, Nike, Wilson, and 30+ ski companies. After his first successful exit, Steve went on to jump-start, manage, and sell several other companies, including Mountainsmith, WindXtreme, Pentrax, Head Luggage, and Power Sports Group. He has worked side by side with some of the largest international retailers.

“I look forward to joining the team of outstanding advisors at The Forbes M+A Group.  Their commitment to achieving outlier results for their clients is remarkable and fits well with my approach as both a business owner and dealmaker” said Steve Quisenberry, Managing Director at The Forbes M+A Group.

Outside of work, Steve spends time outside enjoying all that Colorado offers. And traveling with his wife Laura, former Miss Colorado, and his two children Caitlin, a recent graduate of Pepperdine University, and Cole, a forward for Brown University’s hockey team.

About The Forbes M+A Group

The Forbes M+A Group is an award-winning Denver, CO-based mergers and acquisitions advisory firm. The firm serves sellers or buyers in middle-market M&A transactions. It applies meticulous attention to detail in helping business owners develop and execute M&A strategy, acquire companies and partner with investor groups for growth, and maximize value in an eventual exit. Senior advisors at The Forbes M+A Group have more than 200 years of combined experience in transactions across a wide variety of industries. For more information, please visit: www.forbesma.com or phone 303-770-6017.

Media Contact:  Max Eckstein +1 (303) 872.9085, Max.Eckstein@ForbesMA.com

The Forbes M+A Group Awarded ‘M&A Firm of the Year in Colorado’

Colorado Advisory Firm Selected as Industry Leader in Elevated Performance and Service for 2020

Greenwood Village, CO (October 29, 2019) – The Forbes M+A Group, a leading financial and transaction advisory firm, today announced it has been selected for the ‘M&A Firm of the Year in Colorado’ presented by Corporate INTL for the fifth time.

In order to accurately recognize the accomplished Merger and Acquisition groups worldwide, Corporate INTL conducted investigations via their independent research and editorial teams. “Our awards promote leading firms in their chosen specialisms throughout the world. As Corporate INTL magazine is read by business leaders, investors and advisers globally it’s a huge accolade for those firms that are awarded as winners in their specific categories” according to the Corporate INTL authors.

The Forbes M+A Group received the M&A Firm of the Year in Colorado based on the expertise and service of its transactions in the past year and its leading-edge advisory services such as Exit Optimization™. “To be recognized on an international scale means we have gone above and beyond as a firm to not only create an impact in our home state, but at an international level,” said Bob Forbes, President of The Forbes M+A Group. “This award showcases the hard work done by our team of expert advisors. We strive to ensure our clients are provided with outstanding service and the utmost understanding of their intended results. Our process centers around clients’ individual goals, solidifying a successful transaction.”

Corporate INTL, the leading business professional magazine, has been selecting international excellence award winners since 2008. Corporate INTL selected the winners from nominations and its database of over 1 million people involved in advising, running, or investing business worldwide. The Forbes M+A Group had also been recognized by the magazine in 2014, 2017, 2018, and 2019.

For more information on the Corporate INTL awards, visit: https://www.corp-intl.com/awards/

About The Forbes M+A Group

The Forbes M+A Group is an award-winning Denver, CO-based mergers and acquisitions advisory firm. The firm serves sellers or buyers in middle-market M&A transactions. It applies meticulous attention to detail in helping business owners develop and execute M&A strategy, acquire companies and partner with investor groups for growth, and maximize value in an eventual exit. Senior advisors at The Forbes M+A Group have more than 200 years of combined experience in transactions across a wide variety of industries. For more information on the company, please visit: www.forbesma.com or phone 303-770-6017.

Media Contact: Max Eckstein +1 (303) 872.9085, Max.Eckstein@ForbesMA.com

The Forbes M+A Group at Bandimere Speedway!

The Forbes M+A Group took a trip out to Bandimere Speedway in Morrison, Colorado for an afternoon of adrenaline spikes and team bonding. The group took turns racing down the “Thunder Mountain” quarter mile track in eight World Dodge Challengers. After a couple of practice rounds, the team faced off against one another in a bracket style tournament.  Vice President JJ Lane and Managing Director Jon Wiley challenged each other in the final sprint. Ultimately, JJ brought home the gold to wrap up a great afternoon full of friendly competition and speed!

The Forbes M+A Group Advises Ponderosa Valley Funeral Services on its Sale to Foundation Partners

Leading funeral service provider

Greenwood Village, Colorado (September 9, 2019) – The Forbes M+A Group (Forbes M+A), a leading transaction advisory firm, served as exclusive advisor to Ponderosa Valley Funeral Services (Ponderosa Valley), a premier Colorado-based provider of traditional and memorial funeral services in the Rocky Mountain Region.

“After nearly two decades of putting our hearts and souls into building Ponderosa Valley, we needed an advisor that would bring that same level of care and thoughtfulness in advising us through a transaction. We could not be more pleased with Bob Forbes and the Forbes M+A team in that endeavor. From identifying the perfect buyer, to maximizing our value, and ultimately continuing our legacy, the Forbes M+A team was there from start to finish,” commented Steve Trevino, co-owner of Ponderosa Valley. “Forbes M+A lead the entire process and negotiated a successful sale of our company – though the process was complex, the Forbes M+A team expertly advised us around the landmines and successfully helped us cross the finish line.”

“Well run regional leaders in the funeral services business like Ponderosa Valley are in high demand right now. The Forbes team was thrilled to find a great partner that will continue the Ponderosa Valley legacy, and that valued the terrific reputation, community involvement, and strong principles the company was built upon,” said Bob Forbes, President at Forbes M+A. “We are excited for Ponderosa Valley’s next chapter.”

“Ponderosa Valley has an exceptional reputation in Parker and the surrounding area, and we couldn’t be more pleased to welcome them into the family,” stated Jason Widing, Vice President of Business Development at Foundation Partners Group. “Steve and Nanci represent the kind of owners we are seeking to partner with – passionate about serving families and innovative in meeting their changing needs.”

About Ponderosa Valley

Ponderosa Valley is a leading provider of funeral services in Colorado. The company is a valued member of their community and is used by families from generation to generation as a result of accommodating each family’s needs throughout the memorial process. Traditional services include preparation, embalming, visitation, burial, and legal paperwork.

About The Forbes M+A Group

The Forbes M+A Group is an award-winning Denver-based mergers and acquisitions advisory firm. The firm has a capital formation group and also serves buyers and sellers in middle-market M&A transactions.

Forbes applies meticulous attention to detail helping business owners develop and execute M&A strategy, acquire companies and partner with investor groups for growth to maximize value in an eventual exit. Senior advisors at The Forbes M+A Group have more than 200 years of combined experience in transactions across a wide variety of industries. For more information regarding this transaction or The Forbes M+A Group please contact Bob Forbes.

About Foundation Partners

Foundation Partners is an Orlando-based owner and operator of funeral homes, cremation centers, and cemeteries across 19 states. Foundation Partners has extensive experience acquiring and/or partnering with management teams to preserve and grow the company’s legacy. Visit www.foundationpartners.com to learn more.

Media Contact

Max Eckstein

Max.Eckstein@ForbesMA.com

303.872.9085

M&A and Capital Markets Update 2Q 2019

In 2Q 2019, overall middle market M&A activity continued at a slower clip compared to 2018’s record breaking pace.

Despite slightly depressed deal volume, Middle Market M&A multiples remained elevated in North America at 7.6x EV/EBITDA, as low costs allowed for larger deals to be completed.

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M&A and Capital Markets Update Summer 2019

In Q1 2019, U.S. equity markets rebounded, increasing almost 14% as fears that drove down markets in Q4 2018 and warned of a slowdown, were eased

The Federal Reserve held interest rates steady amid continued inflation rates below 2%. The European Central Bank (“ECB”) also announced a delay in rate hikes.

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M&A and Capital Markets Update Q4 2018

Despite a pullback in public markets at the end of Q4, M&A activity remained strong in 2018, finishing the year with the second-highest total deal value on record.

The average EV / EBITDA multiple across North America and Europe rose to 7.2x driven by increased competition and an abundance of undeployed capital.

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Forbes M+A Bonspiel 2019!

Thank you to all of you that were able to join us for our annual curling tournament.

Congrats again to Ryan Wells, Jim Fipp, Blake Shear, Brett Cunningham, and Matt LaMarche with the win!

THE FORBES M+A Group at Silverton Mountain

The Business of Fun!  The legendary Silverton Mountain, lots of fresh snow, and some of the best entrepreneurs that love to shred.  Many thanks to Mike Arzt, The Public Works, and Marc Gutman, Wild Story, for organizing the activities this week.  Truly a great way to spend time with those that share a lot of passions.  It was incredible!

J.J. Lane at the 2019 Denver Mile High Face Off

2019 Denver Mile High Face Off! The Forbes M+A Group’s own J.J. Lane, also a DU Hockey announcer, scored a couple of goals for his team as they brought home this year’s victory. Many thanks to Eric Mattson, Excellere Partners, and Chris Lueth, KeyBank, for organizing an outstanding event.  #ForbesMA #MileHighFaceOff #MHFO #hockey #MAhockey