The March group has a boiler room operation with 50 or more people calling private business owners trying to get them to sell their business. They tell you its the right time and they have premium buyers lined up that have interest in your company because you are in an industry they like. The tele-marketers try to convince you to go to a seminar where you spend the entire day being convinced to sell the company and to put up between 40 and 60 thousand dollars so they can market your company. To date they have taken in hundreds of fees from hundreds of companies amounting to millions of dollars and have only sold a handful of companies. They are only interested in upfront fees and are not a real Mergers & Acquisitions company as they portray. They are business brokers acting like investment bankers and give advice and collect fees in states where they are not licensed to give advice and collect fees. Most of the managment and some of the tele-marketers came from another company that has outstanding law suits and they jumped ship. I recongnized some of the people who call that called from another company with the same script. The contracts they want you to sign tie you up for years with them.
Steven jKalamazoo, Michigan
U.S.A.
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