Deal Completion: Manufacturer of High-Quality Interior and Exterior Finishings
Toronto, Ontario, May 2019 – Beacon Corporation, Brokerage (“Beacon”) is pleased to announce the completion of the sale of Manufacturer & Distributor of High-Quality Interior and Exterior Finishing for Home Construction Industry (“Interior and Exterior Finishing Company“) to a Private Buyer (“Buyer”). Beacon acted as an exclusive sell-side advisor to Interior and Exterior Finishing Company and facilitated the entire merger and acquisition process including the business valuation, confidential marketing, buyer screening, negotiations, and due diligence.
Interior and Exterior Finishing Company, established in 1995, is one of the leading manufacturers of wood, metal and glass across the Greater Toronto Area (“GTA”). The company manufactures both interior and exterior components with wood or metal, glass and wrought iron, coming in a wide variety of paint finishes and custom colours.
Beacon ran an extensive sales process, vetting potential acquirers with interest in the home construction industry and a business with a dominant presence in its market. It was essential for Beacon that the prospective buyer possessed the vision and knowledge of how to sustain longevity and promote the expansion of an already well-established organization. A team of professionals at Beacon was involved in each step of the transaction process and facilitated a desirable outcome for Interior and Exterior Finishing Company and the buyer, with the previous owner remaining active within the company to ensure a smooth transition.
“After numerous rounds of negotiations and extensive due diligence, the deal was completed in February 2019, just ten months after Interior and Exterior Finishing Company engaged Beacon,” says M. Will Fischtein, Partner at Beacon.
“Beacon was elated to find a buyer that has the vision and means to continue the success and amplify the growth of Interior and Exterior Finishing Company into the future,” says Alex Shteriev, Partner at Beacon.
About Interior and Exterior Finishing Company
Interior and Exterior Finishing Company’s base operations are located in Vaughan, Ontario, and has grown within the market to become one of the leading manufacturers in the Greater Toronto Area. The business has successfully operated in its market for many years, providing high quality tailored Interior and Exterior Finishing for Home Construction Industry products at competitive market prices. By offering a personal and customizable service, Interior and Exterior Finishing Company have managed to forge and maintain countless customer relationships.
About Beacon Corporation, Brokerage
Beacon Corporation, Brokerage is a full-service business brokerage and M&A advisory firm based in Toronto with locations in Washington D.C., Hamilton, Guelph and London, Ontario. Beacon specializes in sell-side advisory and merger & acquisitions transactions for companies with enterprise values up to $50 million. The firm takes a holistic approach to transaction advisory, offering services including business valuations and targeted confidential marketing.