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Corporate Investment Successfully Facilitated the Transaction between Libby King & Associates, LLC and Badger CPA Austin, LLC

Tombstone of Libby King Accountants

Corporate Investment is pleased to announce that Libby King & Associates has been acquired by Badger CPA. Corporate Investment served as the exclusive financial advisor to Libby King & Associates throughout the transaction, which closed in April 2021. Libby King & Associates (LKA), LLC is an Austin based accounting & bookkeeping firm, specializing in providing technology-enabled, outsourced accounting and CFO services to government contractors, combining decades of experience with best practices and proven processes. Founded in 2012, LKA is comprised of a dynamic team of accounting professionals who partner with clients to achieve their goals while keeping them compliant with best practices and regulations.

“It was a big decision to sell the business,” said Libby King. “I chose Corporate Investment to represent me in the sale of the company due to their experience and reputation. They were there every step of the way. Corporate Investment worked hard on finding just the right buyer and they presented me with a large range of potential acquirers.  Having the Corporate Investment team on our side of the table, in every meeting and phone call, with their M&A knowledge really helped in negotiations and all of the details in selling a business as they worked hand-in-hand with my attorney. I would not hesitate to recommend Corporate Investment to any business owner who wants to sell their business.”

Shannon Badger said, “Even though Corporate Investment represented Libby King & Associates that we acquired, I found them to be professional in all aspects of the transaction and to help create a win-win scenario between us and Libby King & Associates. I have clients who I wouldn’t hesitate to recommend to Corporate Investment if they decide to sell.”

About the other transaction participants

Corporate Investment, founded in 1984, is a leading merger & acquisition firm based in Austin, Texas, representing companies throughout Texas. Corporate Investment works primarily with the owners of private companies in a variety of industries, guiding them through the process to a successful exit. The Corporate Investment team advising on this engagement was led by Senior Associate John Fincher.

Allen P. Bertin with Branscomb Law served as the legal advisor to Libby King & Associates, LLC and Allison Ellis with Santoyo Wehmeyer P.C. served as legal advisor to Badger CPA.