September 2015
Beacon Brokerage is pleased to announce the completion of the acquisition of a specialized furniture retail and manufacturing business in Toronto by a Private Buyer. Beacon acted as an advisor to the Seller on this transaction.
About the Business
The business is an established specialized furniture retailer and manufacturer offering a large selection of products to its target market. For nearly 50 years, it has been serving its clients in the Greater Toronto Area and has recently begun serving customers across Canada from its fully functional e-commerce website. The niche market it operates in has little competition in the GTA, securing high referral and retention rates.
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 revenues 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.
Terms of the transaction are not disclosed.
For additional information about this transaction, contact:
Alex Shteriev, Managing Director, 416 228 1200 x 212, alex@beaconbrokerage.ca