Business in the Health and Beauty industry with $320,000 Annual EBITDA was acquired by Private Buyer
Business in the Health and Beauty industry with $320,000 Annual EBITDA
Beacon acted as advisors to this company for the sale of the business
This was a succession-driven sale of a business, who had been operating and steadily growing since its inception. The owner approached Beacon Brokerage in August of 2014 expressing their interest in finding an exit strategy. After an initial discussion on the business sale process, the necessary documentation for a business sale, and the options available for a successful exit, the owner came back in July 2017. After providing Beacon with all the required information, a thorough business valuation was completed, along with all the related marketing materials required for the confidential business sale process. A Letter of Intent was accepted by the owner from an interested party in late August 2017 and with Due Diligence completed within the agreed upon 30-day period, the transaction was completed in October 2017.
Terms of the transaction are not disclosed for confidentiality reasons.