TORONTO, ON, CANADA, September 9, 2020 —Beacon Mergers & Acquisitions is excited to announce the sale of a 34-year old daycare and children’s products manufacturer operating in Ontario. Beacon was engaged in 2019 to act as the exclusive sell-side advisor for the client.
A front runner in innovation and safety standards in the industry, the business has served as a trusted brand for parents and childcare professionals for over 30 years. Due to the niche nature of the business and its focus on customer service and relationships, Beacon was tasked with the challenge of finding a suitable buyer with industry experience and the ability to take over existing client relationships. Through its extensive outreach channels and marketing network, Beacon was able to identify a buyer with the right set of qualities suited to preserve the business’ longevity. The deal was structured as a 100% equity purchase, allowing the owner to take advantage of the capital gains exemption (CGE) and a clean exit at close. Beacon’s transaction team is delighted to have completed yet another transaction in a challenging economic and financing environment.
Beacon Mergers & Acquisitions is a full-service M&A advisory firm with offices across Ontario, Canada and in Washington, D.C, U.S.A. Beacon also has a strategic partnership in the Asian subcontinent with Prime Bank Investment Limited. Beacon’s services include M&A advisory, debt financing advisory, and business valuations to private companies in the lower middle market. Beacon is a three-time recipient of the Consumer Choice Award for Best Business Brokerage Firm in the Greater Toronto Area, and a member of several international M&A organizations