The firm specializes in representing either sellers or purchasers (high, net-worth individuals or corporations) of privately-held, middle market companies

Phone: (828) 285-0018  Fax: (866) 208-4110

Mr. Schmid is cofounder and President of BIS. He is a 25-year veteran in the mergers and acquisitions arena. In 1974 Mr. Schmid's corporate career began with The Babcock & Wilcox Co. (B&W) in its Corporate Planning and Business Development Department; and following the acquisition of B&W by J. Ray McDermott (NYSE:MDR) in 1978, he was moved to McDermott's corporate staff. In 1980 Mr. Schmid was selected by Tidewater, Inc. (NYSE:TDW) to be its first Director of Corporate Development and served in that position until 1985 when he resigned and moved to Asheville, North Carolina, where he joined a local business brokerage firm where he specialized in larger transactions. During nine years in general business brokerage he performed valuations of several hundred businesses for buyers and sellers and was involved in over 100 transactions. In 1994 Mr. Schmid and William J. Fass founded BIS to focus solely on middle market transactions.

Mr. Schmid has both a B.S. in Industrial Management and M.S. in Management from The University of Akron, Akron, Ohio. Mr. Schmid also studied Strategic Planning at the Massachusetts Institute of Technology's Sloan School of Business. He is a member and accredited Certified Business Intermediary (CBI) and Merger and Acquisition Master Intermediary (M&AMI) of the International Business Brokers Association. He is also a life member of The Institute of Business Appraisers and holds charter membership in the Southeastern Chapter of The Institute of Business Appraisers. Mr. Schmid is a licensed real estate broker in North Carolina and South Carolina. In addition, Mr. Schmid is an active member of the Charlotte chapter of the Association for Corporate Growth (ACG).

The firm has demonstrated strength in representing owners of manufacturing companies. We have also successfully represented owners of multi-unit retail, direct-mail marketing and service businesses.

Generaly, we represent sellers in both the U.S. and Brasil; and purchasers world-wide.

The firm performs valuations of privately-held, middle market businesses. However, if we are going to be retained to represent an owner who wants to sell his business, we refer the owner to an unrelated third party to value the business and we avoid any potential conflicts of interest.

International Business Brokers Association (IBBA), Carolinas-Virginia Business Brokers Association (CVBBA), The Association for Corporate Growth (ACG); and, The Institute of Business Appraisers (IBA)