River Associates values its relationships with all intermediaries including business brokers, investment bankers, consultants, accountants and attorneys. We recognize that our past success and future prospects depend on quality acquisition opportunities. These opportunities have and will come from intermediaries who have confidence in our ability to quickly close a transaction in accordance with our original offer as well as our commitment to treat acquisition candidates and intermediaries alike with responsiveness and respect. We only make a handful of investments each year and they are all very important to the partners of River Associates who have substantial personal capital committed to each investment.
We attempt to structure transactions that are fair to all parties and are in the long-term best interests of the target companies. We give an honest appraisal of the value of the company based on the information provided. We do not submit unrealistically high bids with the intention of gaining a position of negotiating leverage and later lowering the price. With a long standing track record and financing relationships with numerous senior and mezzanine lenders, we have the ability to quickly close on a transaction. Intermediaries are encouraged to contact Mark Jones with acquisition opportunities that may be a good fit.
In buy side relationships, River Associates expects to fairly compensate intermediaries for closed transactions and has worked under a variety of fee structures. Further, we have even offered intermediaries the ability to purchase equity in transactions where interest is expressed and where the intermediary can add value through assisting us in our search for add-on acquisitions.