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The Bundy Group team wanted to take the opportunity to update you on our 2016 activities. We achieved a strong first half of 2016, which was driven by several successful client transactions. This includes representing Marketing Associates, a building and infrastructure products manufacturing firm, in a sale to England-based USL, a division of publicly traded RPM. See a link to a case study description of the deal. Bundy Group also closed on the sale of Capital Dermatology, a Washington D.C. area Dermatology clinic. Finally, Bundy Group advised Jenkins Electric in its sale of the NexJen division, a full-service system integrator with leading expertise in mechanical test systems, RF automated test equipment, industrial control, and automation control panels.

Bundy Group's pipeline continues to be strong, which is due, in no small part, to our industry relationships, networking and referral partners. A sample of current client engagements include:

We want to thank our clients and friends for their partnership with Bundy Group. We appreciate your keeping our team in mind for future introductions on business sale, capital raise and acquisition situations. The Bundy Group team will keep you updated on our future successes.

Industry Activity & Expertise

Exit Planning Education Seminar for Dermatology Practice Owners

Bill and Clint Bundy, partnered with two other operational and legal consultants, will provide a full day educational seminar for the benefit of Dermatology practice owners. The seminar will address a variety of topics related to building and realizing value in a Dermatology practice. The event will be held in Chicago, IL on Friday, November 4. Register here for The Bundy Group Education Presentation to Dermatologists.

Mergers & Acquisitions for Business Owners: Building, Preparing & Realizing Value

Whether an owner will eventually sell his or her company, or give it to children or management, it is advantageous for an owner to take steps to improve company value. The stronger the fundamentals of a company, then the more options an owner will have going forward.

The following are suggested ways that a business owner can improve value:

Other areas that a company can improve include financial reporting and strengthening its sales / marketing team. It is the goal of most businesses to plan and work towards maximizing their fullest potential and value. When that happens, the buyer's market certainly recognizes and rewards those business owners who have solidified the fundamentals of success.

Charlotte, NC – August 2016

Bundy Group, a boutique investment bank with offices in Charlotte, North Carolina and Roanoke, Virginia is pleased to announce the sale of Capital Dermatology (“Capital Dermatology” or the “Company”) to Advanced Dermatology and Cosmetic Surgery (“ADCS”). Based in the Washington D.C. metropolitan area, Capital Dermatology has a team of physicians focused on providing the highest level of dermatological care for their patients. Dr. Matt Leavitt, Founder and CEO of ADCS, said, Dr. Bruce Glassman, former owner of Capital Dermatology, “is a talented and nationally distinguished dermatologist. Along with his team of Dr. Morgana Colombo, Dr. Teresa Nasabzadeh, Dr. Marvin Chadab and David Kon, PA-C they have incredible knowledge of dermatology and are on the leading edge of treatments and technology.” “This acquisition continues to expand our national presence and but more importantly our commitment to providing patient access in the densely populated Mid-Atlantic market,” said Dave Morell, President & COO of ADCS.

The purpose of the sale was to obtain liquidity for the Capital Dermatology shareholders and to provide the physicians and staff with a partner that would support the Company in its continued commitment to patients. Bundy Group served as exclusive advisor to ADCS in the acquisition of Capital Dermatology.

About ADCS

ADCS, founded in 1989 by Dr. Matt Leavitt, is a dermatology-focused practice with over 157 clinics in Arizona, Colorado, Florida, Georgia, Maryland, Michigan, Nevada, Ohio, Pennsylvania, South Carolina, Virginia and Wyoming providing clinical, cosmetic, surgical and pathology services. ADCS also provides billing and coding management services for almost 90 third-party dermatology practices across the nation under the Ameriderm™ trade name.

About Capital Dermatology

Located in Alexandria, Virginia, Capital Dermatology, was founded by Bruce Glassman, M.D. Dr. Glassman has published articles in the Archives of Dermatology and presented research at national meetings. He is a board-certified diplomat of the American Academy of Dermatology and is an Assistant Professor of Dermatology at George Washington Hospital. Dr. Glassman is the founding member of Capital Dermatology and has been practicing in the Alexandria medical community since 1994. Dr. Glassman built a team of dermatologists that was focused on providing quality patient services to the Washington, D.C. region.

About Bundy Group

Bundy Group is a boutique investment bank with offices in Roanoke, Virginia and Charlotte, North Carolina. The company specializes in representing business owners and management teams in business sales, acquisitions and capital raises. The 25-year-old firm has closed over 200 transactions across a broad range of industries. Bundy Group has been an active advisor and educational presenter to the Dermatology community on exit planning and business sales topics.

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