Transaction Completion – Industry Leading Beauty and Spa Products Distributor and Importer

April 2017

Beacon Brokerage is pleased to announce the completion of a transaction in the spa and beauty distribution industry by a private purchaser. One of the leading spa product distribution businesses in the Greater Toronto Area was acquired by a purchaser with extensive experience in the industry and a passion for the beauty and spa market. Beacon acted as a sell-side adviser during the transaction, confidentially marketing the opportunity and negotiating the transaction parameters between the parties.

Transaction Summary

This was a succession-driven sale of a business that has been operating and steadily growing in almost every year since its inception in 1992. The owner approached Beacon Brokerage in the Summer of 2016 expressing their interest in finding the right party to take over and continue growing the business. After a confidential marketing process of approximately 4 months and has received 3 conditional offers for the business, the seller and purchaser reached an agreement in January of 2017. Following an almost 3-month Due Diligence process, the transaction completed on March 30, 2017. Financing for the acquisition was provided by the Royal Bank of Canada.

About Beacon Brokerage

Beacon Brokerage is a Toronto-based full-service business brokerage and merger & acquisition advisory services firm that specializes in transactions of companies with Enterprise Value between $1M and $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.

Terms of the transaction are not disclosed for confidentiality reasons.