Insights
Benchmark International Successfully Facilitated the Transaction Between Concepts in Millwork, Inc. and Quivion
November 4, 2024
Concepts in Millwork is a family-owned, specialized subcontractor that designs, fabricates, delivers, and installs custom architectural millwork. The business has operated for over 40 years. Customers include many commercial entities and municipal, state, and federal governments. They have completed diverse projects in the healthcare, higher education, entertainment, recreation, hospitality, luxury living, and residential industries.
Quivion is a holding company founded by three owners with the goal of acquiring businesses in the Home Services Industry. This marks their first acquisition, and they aim to expand by adding complementary services in the future. The team is focused on building a diverse portfolio within this sector.
You built a great company, now build a great exit plan.
"This was a perfect example of a deal where the cultural fit between the buyer and seller was strong from the outset. Concepts in Millwork has a storied reputation in the industry and the community. The buyer recognized this and has made it a priority to carry on the legacy that Bob and his team have built over the last 40+ years." - Kevin Barrett, Transaction Director, Benchmark International
Share This Post
Categories
Get These Insights Delivered Directly To Your Email
Explore our curated collection today and stay ahead of the curve in M&A.
Related Posts
Global Online Advertising Industry ReportThe global online advertising market was valued at $232.7 billion in 2023. It is forecast to grow further at a compound annual growth rate (CAGR) of 9.5% between 2024 and 2032 to reach a value of $538.2 billion.Why Negotiating the Tough Stuff Upfront in a Letter of Intent is Crucial in M&A TransactionsWhen you're selling your business, the most challenging negotiations are the ones that often get pushed aside, but they are the ones that should be tackled upfront.