WHO WE ARE?
About DKNR Solutions
We will be happy to discuss with you the potential for real estate development partners, investors, lenders, and institutional funding.
We help take your small to medium sized business to the next level through M&A. Together we reach the goal. Our team members have completed several company acquisitions and are looking to expand.
Primary areas of focus are the construction industry and all associated subcontracting divisions.
We use these acquisitions to further our control during real estate development outreach.
Other areas of interest include some vices (liquor, wine), downsizing, assisted living, etc, and Long term common use retail (gas stations, farms, propane, etc). Other industries considered on a case by case basis.
Dave Etter
Dave Etter is a Construction Technical Manager, former student of the year at ETSU in construction, and former Unlimited Licensed Builder with over 40 years of hands-on experience in construction and design.
He has a keen eye for construction and business management. His focus is on setting up lean and mean small to medium-sized businesses to maximize profits, handle economic downturns, and increase value.
Sebastian Amieva
Sebastian is a highly skilled investment banking professional having founded, acquired and exited several companies. He has coached many entrepreneurs on growth and expansion. His oversight and assistance during the M&A phases and operations of businesses ensures a smoother process overall.
Sebastian lives in between Argentina & London and travels regularly for business and leisure.
DKNR Management
DKNR, the management company, finds explosive growth and solid ROI opportunities by combining subcontracting businesses and construction companies into multiple growth opportunities.
We add the subcontracting companies we acquire into contractors and the contractors into developments to cause an immediate growth opportunity for all businesses involved.
Due diligence is important along with providing safe yet solid returns for the investor. Several of our partners/managers/key personnel are also well-versed in real estate investment and development.
Top Shelf Models
Top Shelf Models was founded in 2019 by Eric Bergin. TSM is based in Dallas, Texas and has financial analysts whose main priority is to help our clients achieve success. Our models are created in-house and are never outsourced overseas.
In 2021, Top Shelf Models was recognized as a finalist for The Financial Modelling Resource of the Year Award. The Financial Modelling Awards was started by The Financial Modelling Summit in 2020 and it has one purpose: to celebrate professional financial modelling.
Construction and Development Experts
We feel having the right partners, partners with more experience and knowledge in their respective fields is the way to go.
We have several experts in development, small to medium sized business management, and experts in specific fields, along with suppliers ready to go in the background. It is extremely important in this day and age to control your logistics, resources, labor, and supply chains as best as possible.
This is why the more businesses we control the better our production scheduling will be. We will have warehousing setup in various locations for stockpiling of resources in the event of a supply chain issue happening again. This can only be done through multiple businesses using the same distribution and purchasing channels along with a well-oiled purchasing department.
OUR SERVICES
We are an ideal partner for owners seeking liquidity, business owners looking for a smooth exit transition, families completing generational transitions, or any other number of ways to transfer a business
We work with small family offices and large institutions for development resources and business purchasing. Our focus is on acquiring stable, profitable small to medium-sized businesses that meet our investment criteria. The team looks to significantly increase business revenue by providing referrals and services to other businesses we control. Revenue will also be increased by providing services, materials, infrastructure, commercial buildings, and homes in the developments we control.
Unfortunately, over 90% of all businesses listed for sale in the US in any given year do not sell.
Our goal, like yours, is to complete every transaction for the fairest price and do so in the shortest time frame possible.
Acquisition targets:
Purchase price: $1M - $100M+
The larger deals are open to co-invest with several players.
Locations: US
We're actively seeking international expansion to other locations.
Multiple Sectors Including
Construction and related sub-trades, suppliers, and services. Manufacturing, Warehousing, Transportation, Vices (liquor/tobacco), senior housing options, end of life services (nursing homes / funerals / cremation), Long term common use retail (gas stations, farms, propane, etc). Other industries considered on a case by case basis.
Market Report
Executive Summary:
The construction industry in Tennessee, Texas, Florida, and North Carolina is booming, fueled by population growth, job creation, and infrastructure investments. This report offers a comprehensive overview of the market size, growth projections, key trends, competitive landscape, and areas facing contractor and developer shortages
Market Size:
Total Market Size: The combined construction market size in these four states is estimated at $550 billion in 2023, representing approximately 25% of the national construction market.
Breakdown by State:
– Texas: $220 billion
– Florida: $180 billion
– North Carolina: $80 billion
– Tennessee: $70 billion
FAQ
FREQUENTLY ASKED QUESTIONS
DKNR Solutions is not a broker. DKNR Solutions is a principal buyer. We buy companies using our lender network. We use debt to finance acquisitions.
DKNR Solutions is a long term investor. We do not ‘flip’ investments or seek to generate returns through short term financial tactics.
In general, we seek to fund and close transactions about 30 to 90 days after we enter a letter of intent.
DKNR Solutions will not run the company, the management team will. DKNR Solutions will partner with the management team to determine any changes required to improve performance.
No, if DKNR Solutions or the controlling entity (buyer) stops making owner finance payments at any time, the structure of the deal and the financing terms will take over. This may include obtaining commercial financing, a reduced cash buyout, or we may even return company shares immediately depending on the agreed terms of the sale. The seller will even have the option to buy back shares at any point if that is in the deal and terms.
Yes, the down payment commitment letter from the lender. We maintain a large rolodex of lenders we partner with to complete acquisitions. Note: commitment letters are only issued if the borrower and company meet underwriting requirements. A commitment letter is a document that lets everyone in the transaction know that the lender is prepared to make a loan to repay the borrower. Also, the business assets themselves (DKNR or its assigns reserves the right to do with the assets and the business as it sees fit). In most instances we will be increasing the size of the business by adding it to our network and having it do business with some of our other holdings. The business may even be merged into another business of ours as a satellite location, etc.
In some cases, the controlling entity will sign a promissory note (a promise to repay the loan). We may also put in the deal the right to buyout owner financing (if needed, required, or asked for) at a reduced rate to get the original owner out of financing as quickly as possible (depending of course on the tax ramifications for everyone involved). The original owners may wish to have their promissory note converted to stock ownership (at current values of course) if it is a better option for them tax-wise and it is written into the deal.
Depending on the needs of the company. At times, we are the outsourced CFO, the business development team or the strategic consultant. At all times, we are interested and active board members.
Our other business assets will serve as a resource for the company to increase sales, etc. by working with and for other construction companies, developments, suppliers, and or manufacturers we control. Our initial goal is to grow business, and increase opportunities for valued employees who prove themselves to be assets to the company as a whole.
We also believe that our collective experience allows us to offer sound and prudent advice and guidance that, over time, adds value to each company.