Testimonials

September, 2019

Harvey Lee of the Summit Group was one of several merger and acquisition advisors that I initially met with to discuss the sale of my 25-year-old food trading company. It was immediately clear that he had the business and finance knowledge that was needed to prepare my business for the market. Over several years Harvey provided guidance and advice as I restructured my business so that it was of serious interest to potential purchasers. The ultimate buyer was a US private equity group and it was during the deal negotiation and due diligence process that Harvey provided value far beyond his advisory fee.

The buyer was very experienced in buying owner-operated businesses such as mine but with Harvey's advice we were able to find sufficient common ground to make a deal that exceeded my expectations. He showed real determination in optimizing the deal for me. At the same time, his attention to detail assured that the due diligence process went as smoothly as practical given the sophistication of the purchaser.
I do not have any reservations in giving Harvey, his partner David Gray and the Summit Group Business Consultants my strongest recommendation as merger and acquisition advisors.

After deciding to proceed to sell the business, we met with and interviewed numerous groups that offer assistance int the divestiture of operating manufacturing businesses. One of these was the Summit Group and Mr. Harvey Lee. Our lawyer had recommended Harvey to us. We met with harvey a number of times and he outlined the entire process of how a business would be sold by the Summit Group and addressed all of our issues and questions clearly and honestly.

We negotiated the engagement of the Summit Group and commenced the process of providing information while Harvey began to develop interest from prospective buyers.The sales process and timelines proceeded essentially on the basis that Harvey outlined. Numerous interested parties met with us and toured the facilities. A qualified buyer was located......and the sale was closed.......

The business was sold to an excellent buyer on satisfactory terms and at an acceptable price that was within our target range. throughout the process, Harvey kept us focussed on completing the deal.

We have no Hesitation in recommending Harvey and the Summit Group

Dear Harvey,

It has been three months since the closing of the sale of Cruise Experts Travel to the Merit Travel Group.
Everything is going smoothly and we are currently transitioning our systems to their systems.

Thank you again for all your invaluable assistance in making our deal happen. We could not have done it without you!
Your great counsel and patience helped us get the deal we wanted after many months of difficult negotiations.

Blaine and I will always look to you for assistance with any future business sales or purchases and we will gladly recommend you to anyone wanting a Business Consultant for the sale or purchase of any business.

All my best,
Denis

Denis Lim
President
CruiseExperts Travel

I met with the Summit Group and they thoroughly walked me through the entire process of how an MBO works, how to obtain funding for the purchase, how to interact with the sellers and other relevant information. In fact they patiently met with me a number of times, each time answering my questions patiently and honestly

David Gray arranged for us to meet a variety of lenders and he was successful in creating a choice of financing options for us..this creative financing was crucial to the success of the transaction... David managed the entire process while keeping us totally in the loop and involving us in key decisions....Throughout the entire purchase process, David managed our expectations and he kept us focused on completing the sale.

It is with much pleasure that we recommend David Gray and Harvey Lee of The Summit Group. David and Harvey helped us sell our family-run business. [Their] extensive business background helped us understand many of the issues surrounding the sales transaction and enabled us to make sure that we understood each part of the transaction. They also worked with our accountant and lawyers so that we had a complete team of advisers all with the same understanding and goals in mind.