DAN M. BERNSTEIN
1900 South Harbor Boulevard | Melbourne, FL 32901
H: 407-555-1212 | C: 407-575-8595 | dmb@worldnet.att.net
June 17, 20––
William S. Frank
President/CEO
CareerLab
10475 Park Meadows Drive, Ste. 600
Lone Tree, CO 80124-5437
Dear Bill:
We have not talked for quite while, but based on your mailings, you are doing very well! Always keep me on your mailing list!
I had to smile when I received your letter last week concerning a person looking to acquire a "small to medium sized manufacturing company."
I am actively looking for almost the identical situation!
I am presenting it as "acquire and operate," but the profitability is not important. A "turnaround" is appealing and a start-up could also be appealing. Consequently, I have contacted several venture capitalists. Melbourne is known as being "over-enqineered" and "under-managed,"
so I am hoping for a fit to arrive any time.
Confidentiality plays an important role for me, (as you may recall) and it appears to play an important role with your client, also.
There is one situation that I might mention: the owner of a wholesale microprocessor company in this area is looking for an investor-for-equity and a general manager. He is a terrific technician, but admits that he has trouble getting the results he wants because of weak management skills. I am still talking with him, but I am feeling that this is not the business for me. Net Sales are about $30MM, but profit is weak because of past management practices; he is in Chapter 11 now. The turnaround was the appeal to me.
If you are attending any meetings around town that you feel I could attend and further my cause, please let me know. I would really like to see you again.
Best regards,
Dan M. Bernstein