Southampton, PA (August 2008) – Michael Lefkowitz, founder of the Benjamin Ross Group, a mergers and acquisition firm, has received the prestigious “Merger & Acquisition Master Intermediary” designation from M & A Source, a division of the International Business Brokers Association. Only 68 people in the world, including three in Pennsylvania hold this elite status.
“I am truly honored to have achieved this special status,” said Lefkowitz. “Helping clients successfully buy and sell businesses requires specific expertise and knowledge. “This designation assures my clients and potential clients that I have the knowledge and experience to best serve their needs in acquisitions as a business broker.” “The requirements were rigorous but well worth the time and effort it took to meet the group’s high standards,” he added.
To qualify for the M&AMI designation, Lefkowitz had to:
- meet the requirements to earn a Certified Business Intermediary designation:
- successfully complete educational courses in the fields of accounting, law, ethics, and negotiations by the M&A Source / IBBA courses;
- attend and participate in M&A Conference and Deal Mart Expos over a three-year period.
- successfully complete multiple merger and acquisition transactions with a total value of at least $1 million.
In addition, Lefkowitz will be required to participate in continuing professional development activities to maintain the designation. A graduate from the University of Science in Philadelphia (formerly Philadelphia College of Pharmacy and Science), Lefkowitz has been an adjunct professor of business management at Temple University and the University of the Sciences. He also is a member of The Institute of Business Appraisers; the Pennsylvania Business Brokers Association; Vistage International, the world’s largest CEO organization; the Golden Slipper Club, a charitable group that sponsors a camp for underprivileged children; and various local Chambers of Commerce. The M&AMI designation signifies an individual who is highly trained and educated in the business of mergers and acquisitions, according to Pat Appelhans, president of IBBA.
“It signifies to buyers and sellers that they will be working with someone who meets the highest professional and ethical standards, he said.
About the Benjamin Ross Group: With offices in Southampton (Bucks County), Pa. Radnor (Delaware County), Pa. and Princeton, NJ, The Benjamin Ross Group is the most experienced, professional and exclusive business sales, mergers and acquisitions firm in the Mid-Atlantic Region. The company represents well-managed businesses, regardless of their size. It provides a full range of services relating to buying, selling or merging businesses; business financing and valuation; and exit planning.
About IBBA: Formed in 1983, the International Business Brokers Association is the largest international non-profit association operating exclusively for the benefit of people and firms engaged in the various aspects of a business brokerage and mergers and acquisitions. Today, the IBBA has more than 1,900 cooperative business brokers and intermediaries across Canada, Mexico, Asia, Europe, Australia, New Zealand and the United States. M&A Source is a division of IBBA and has more than 1,900 members who specialize in mergers and acquisitions for mid-sized businesses.