Franklin Nova Group Advises on Sale of MedWaste Ohio, LLC
Franklin Nova’s Seller Advisory Services Leads Client Through Complex Transaction.
The Franklin Nova Group announced it has successfully advised MedWaste Ohio, LLC (MedWaste) on their sale to Daniels Health (Daniels), a global health care waste services provider. By securing an exceptional exit valuation with favorable terms, Franklin Nova continues to demonstrate a unique ability to support mid-market clients.
Franklin Nova established an agreed upon process to enable the pre-closing spin off of certain income producing MedWaste assets, drove the deal’s valuation parameters, and also defined and implemented a post-closing transition services agreement. “Franklin Nova Group can deliver seller advisory services with a level of sophistication usually out of reach for mid-market companies,” said Franklin Nova Group Founder and Executive Director Brian Sarkis.
“Without Scot Lehman and the Franklin Nova Group navigating the intricate process that unfolded, we would have been unable to complete this transaction with such a favorable valuation and risk profile. When these guys got onboard, our entire approach was elevated and my fellow shareholders and I could not be more pleased with Franklin Nova’s work.” said MedWaste Ohio CEO Dave DeLorge.
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Brian Sarkis - 412.206.1486