Bakken Directory 04/28/2013: Ebeltoft Sickler Lawyers announces due-diligence group

Jennifer Grosz, partner in the Bakken-area law firm of Ebeltoft, Sickler, Kolling, Grosz, Bouray PLLC said Nov. 22 that the firm is announcing the formation of its business due-diligence team. “We have organized our Dickinson, North Dakota-based law firm to provide efficient and cost-effective corporate performance audits and fixed-price due-diligence and closing services anywhere in the Bakken play,” said Grosz.

Notching her first mega-sale closing in 2010, Grosz was shocked that many oilfield businesses lose track of the basics. “The press of day-to-day business and the need to keep costs under control is so extreme that even critical organizational issues get put on the back burner,” Grosz explained. “Untended-to business details can cause big problems, shipwrecking a sale of the entire business when surprises are discovered after a letter of intent to purchase is signed,” Grosz told Petroleum News. “The billion-dollar companies can take care of themselves, but businesses with EBITDA-based values of $10-$150 million are where the most balls are dropped. These businesses are right in our services wheelhouse,” said Grosz.

Building strong partnerships with accounting firms, merger and acquisition advisors and business brokers, Grosz and her personal planning, transactional and real estate lawyers within Ebeltoft Sickler Lawyers have become the “go-to-lawyers” for small to mid-value business sales transactions. “By forming a practice team in the firm, we are building on that strength,” Grosz stated. For more information please contact Jennifer Grosz, senior level lawyer 701-225-LAWS (5297).

---

Did you find this article interesting?

Tweet it

Digg it

Print this story | Email it to an associate.

Click here to subscribe to Petroleum News for as low as $69 per year.