Sunday, December 27, 2009

Dan Loiacono sells interest in ABMI

For Immediate Release:

Contact Information:
Joe Bodine
(913) 341.6300

ABMI-Mergers and Acquisition under new leadership
Dan Loiacono sells his interest to partners


Overland Park (December 27, 2009) – ABMI-Mergers and Acquisitions, a 26 year icon in the Kansas City business community, 25 Under 25 recipient, and respected M&A firm recently announced a transition of leadership. Dan Loiacono has sold his interest in ABMI-Mergers and Acquisition to partners at the firm for an undisclosed amount. Dan has assumed a role as Senior Advisor with the company and continues to actively work on assignments as an advisor for the firm. Joe Bodine, CEO at ABMI said “Dan has been a huge part of the success of ABMI over the past 6 years. His passion for excellence and commitment to customer service has made a positive impact on the company and community in many ways.”

Dan took over the company in January, 2004 and after nearly six years as President, he has chosen to apply his experience working directly with clients to help them prepare their businesses for an eventual transition of ownership. In speaking about the transition at ABMI, Dan said, “It has been an honor to work with this team of professional and help lead ABMI to this level. I am excited about what the future holds for the firm. We are in the midst of a trend that is unlike any we have seen in the small to mid-sized business marketplace. Over the next 15 years there is going to be an unprecedented transfer of wealth in our country, and much of that wealth is in the form of small and mid-sized businesses. I sense a strong need to help business owners prepare for a transition of ownership, maximizing the value and marketability of their business, creating value for their families and charities they may support. I am energized by working directly with clients to make a difference.”

About ABMI Mergers & Acquisitions
ABMI has been bringing buyers and sellers of businesses together in the Midwest since 1983. Over the past 26 years they have earned a reputation as the premier mergers and acquisitions firm in the region. With a team of 12 seasoned professionals, ABMI effectively handles transactions ranging from smaller “mainstreet” businesses to larger “middle-market” sized companies. For more information visit www.abmi.net