IG Completes Transaction for Builder Supplier Company
Strategic buyer will roll lighting specialty company into a superstore enterprise
April 2022 - The Independence Group (IG) has completed the transaction of a Builder Supplier Company to a strategic buyer.
The Company is a provider of décor and lighting for model homes and new home communities. It has grown to be one of the top suppliers of brand name products in the region it serves. The Sellers will retire following the ownership transition.
The Buyer operates a retail superstore that specializes in batteries and lighting fixtures, and will roll the Builder Supplier into the business with this acquisition.
“The Sellers had built the Company into a successful and reputable lighting supplier over 17 years in business,” said Joe Cavazos, IG’s M&A Advisor representing the seller. “The Buyer will benefit from the relationships with regional and national new home building companies that it will acquire with the Company.”
With offices in California, on the East Coast, in the Upper Midwest and in Texas, IG represents clients from across the U.S. The firm works in tandem with its buy-side services division, Acquisition Partners (AP), to provide a full range of M&A services. For more information about AP visit www.acq.partners.