CLIENT SUCCESS STORIES
ELO has accumulated approximately $25mm in employee retention credits for various U.S. companies.
ELO has also secured in excess of $20mm in PPP and EIDL funds during covid-19.
ELO ACQUIRES IT STAFFING COMPANY, BOOSTS ENTERPRISE VALUE OF PRINCETON IT STAFFING COMPANY
ELO negotiated an acquisition for a $5mm Princeton, NJ-based IT staffing company.
ELO saved the client $3.9mm in the process of acquisition price and related financing.
At the time, the company had an approximate $2mm valuation.
In 2022’ the company sold for approx. $64mm.
ELO secured in excess of $10mm in r&d tax credits and employee retention credits(ercs) for a $50mm Houston-based IT solutions company.
Elo provides a closely-monitored budgeting process for the same company which has led to major improvements in tracking individual gross margins of all revenue streams and controlling of expenses as well as allowing for better management decision-making.