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MidAtlantic Business Advisors, originally trading as MidAtlantic
Resources, was founded in 2002 by Ronald
F. Rash in response to a service void he experienced.
After an early career in Fortune 500 companies, Mr. Rash
acquired, started, or invested in thirteen closely held
mid-market businesses over the next twenty-plus years,
operating four of them himself. Over the years, he divested
himself of many of these companies through third party
sales, but never found competent intermediaries to assist
in the process. Professional advisors are readily available
to upper middle-market and large businesses, but not to
lower middle-market companies. These businesses (companies
with $500,000 to $20,000,000 in annual revenues) are MidAtlantic Business Advisors’ target market; they are
the type businesses Mr. Rash owned, operated, bought,
and sold himself.
Looking back on these experiences
in later years, it became obvious to Mr. Rash that he
“didn’t even know what he didn’t know”
as he forged his way through his own various transactions.
After selling his last owner operator venture in 2001,
he founded the Company to guide other business owners
and owners-to-be through the complex maze of issues associated
with exiting, selling, and buying businesses. Through
continuing education from the International Business Brokers
Association (IBBA) and the Business Brokers Network (BBN)
as well as numerous transactions, Mr. Rash has gained
the experience, certifications, and knowledge necessary
to competently assist others, and to ensure that they
don’t make expensive and irreversible mistakes in
these all important transactions.
As MidAtlantic Resources,
Mr. Rash began as a sole practitioner, and then in 2005,
his son, John F. “Jack”
Rash II left the financial planning industry to join
him. The name modification from “MidAtlantic Resources”
to “MidAtlantic Business Advisors:
Succession Planners and Business Brokers”
was made to more clearly communicate to potential clients
exactly what we do. Together, Ron and Jack offer lower
middle-market companies a unique combination of business
and financial expertise that can truly guide them through
the challenging times of ownership change. Click
here to see more information on our people.
©2006 by MidAtlantic Business Advisors
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