Toronto, Ontario, January 25, 2023 – Beacon Mergers & Acquisition (“Beacon”) is pleased to announce the completion of another successful M&A mandate with the sale of this established high-end food and cheese wholesaler and retailer. Beacon provided support throughout the transaction as the exclusive sell-side M&A advisor to the owners.
The company sells and wholesales artisan cheeses of all kinds, frozen prepared foods, fresh foods, gift baskets, wines and other gourmet food products. Its network has more than 100 suppliers, and products are acquired from various regions worldwide. With a well-diversified revenue stream, a liquor license for the sale of wine in-store, and significant development potential for alcoholic beverage sales, home delivery services, and in-store dining, the company has been expanding steadily over its 15+ year existence.
Beacon provided a financial overview, forecasts, and marketing deliverables with its experienced valuation and marketing teams. Based on its prior expertise working with companies that sell specialty food products, Beacon was able to secure this sell-side mandate. As part of the process, Beacon conducted a full assessment of its client’s business and a complete analysis of its strengths and growth opportunities. The team carefully collaborated with the business owner to understand every facet of the operations, from the production process to market potential and positioning.
Ultimately Beacon was able to secure multiple Letters of Intent for the business and negotiate a transaction with buyers who valued the client’s potential and its leading market position in its geography, diversification in revenue sources, and strong pricing power in the industry. During the confidential marketing process, Beacon transaction team reached out to several synergistic buyers across North America and successfully put a win-win deal in place.
About Beacon’s Client
The client is a company with over 15 years of experience specializing in cheeses, prepared dishes, and gourmet goods retail and wholesale. The business has a retail location in a highly desired, rapidly developing geography. Because of the high quality of its products, exceptional customer service, and solid relationships with customers and suppliers, the company has a solid reputation in the industry. It provides individualized in-store service, resulting in a loyal, non-price-sensitive consumer base. The wholesale component of the business, comprising approximately 50% of revenue, is a growing part of the business and complements the retail business while providing an opportunity to grow outside its immediate geography.
About Beacon Mergers and Acquisitions
Beacon Mergers & Acquisitions is a full-service M&A advisory firm focusing on sell-side, transaction advisory, and business valuations to the lower middle market in Canada and the USA. Beacon’s team of experienced M&A professionals, CBVs and intermediaries is focused on delivering maximum value for business owners through a technology-enabled approach and streamlined processes.