Toronto, Ontario, October 15, 2018 – Beacon Corporation (“Beacon”) is pleased to announce the completion of the sale of Aerosports Trampoline Parks Brampton (“Aerosports Brampton”) to a Private Buyer (“Buyer”). Beacon acted as an exclusive sell-side advisor for Aerosports Brampton and facilitated the process of valuation, confidential marketing, buyer screening, offer and deal term negotiations, and due diligence.
Beacon ran an extensive sales process, vetting potential acquirers with interest in the recreational trampoline business with a high brand awareness, loyal customers and dominant market position in an optimal location. Beacon’s deal team was involved in each step of the transaction and facilitated a win-win outcome for Aerosports’ former owners as well as the new purchaser. After several rounds of negotiations and extensive due diligence, the deal was completed in August 2018.
“Throughout the process, we always kept in mind the uniqueness of the business and the type of purchaser we need to look for that can maintain this business’ success going forward”, noted Alex Shteriev, Managing Director at Beacon. “Managing a process in a fast-paced and ever-changing industry like the indoor entertainment area was a lot of fun”, added M. Will Fischtein, Broker of Record at Beacon.
Aerosports, established in 2014, is a two-location, recreational trampoline park company based in Canada and dedicated to providing a high-quality indoor entertainment experience to people of all ages. In addition to its trampoline open jumping area, Aerosports Brampton features a Ninja Warrior course, Climb & Slide, Climbing Wall, as well as a games Arcade located in over 30,000 square feet location.
About Beacon Brokerage
Beacon Brokerage is a Toronto-based full-service business brokerage and merger & acquisition advisory services firm, which specializes in transactions of companies with Enterprise Value up to $50M. Beacon’s services include business valuations, targeted confidential marketing, qualification and pre-screening of prospects, assistance in negotiation and due diligence process in a holistic Transaction Advisory approach.