Green Heart Construction: Buying an Existing Business


Pat Sullivan first came to work at Green Heart Construction in Atlanta as an employee, working on the company’s various contracts with the US Army. After a year in the business, though, the owners approached him with an offer. They were ready to retire and wanted to know if he and his wife Melissa wanted to purchase the business. Pat and Melissa spent the next year working with the current owners to help run the business, and then purchased the company outright the next year.

Pat and Melissa, now co-owners, learned a lot during the purchase of the business. They worked with a good attorney whose advice saved them from a potential bad deal. They established relationships with high quality support staff who helped to smooth the transition and keep their business running smoothly. They filed the required paperwork with the state to make the business official. They bought the company’s assets from the previous owners.

Related: [Free eBook] All About Incorporation

In the end, they were able to offer their employees a smooth transition of ownership and have managed to grow their staff 4 people to 18.

Pat discusses in this 3 minute video:

Check back next week for part 2 of our series on Pat and Green Heart Construction.

Dan Fontaine

Dan Fontaine is the Director of Video Production at Tarkenton Companies and for 4P Productions, directing creative strategy sessions, script writing, and both studio and live shoots. Prior to joining Tarkenton Companies, Dan studied video editing at New York University and worked on projects for The Science Channel, U.S. Soccer, Coca-Cola, and more. With extensive experience in video production, post-production, and web distribution, Dan can help answer any video-related questions you may have.