Sun Acquisitions is pleased to announce the sale of a hospitality and food service industry manufacturer. The business is located in the greater Chicago area.
The company designs and delivers a full spectrum of wood and light metal equipment offerings to the food service and hospitality industries. Their products include luggage racks, bellman trays, tray stands, coat racks, and other related items. Through decades of service, the company established a strong reputation for providing safe and high-quality products with the option of providing custom branding that has been appreciated by its loyal customers.
There are growth opportunities present to add additional products for these changing industries and to also expand into new industries to utilize the wood and metal fabricating expertise. Sun Acquisitions generated over 120 inquires on the business, which led to 60 qualified buyers and 4 final offers. The business was acquired by an investor group.
Burt Evans was the lead advisor and managed all aspects of this client engagement. Burt is a senior advisor for Sun Acquisitions and has over 30 years of experience as a business owner.
About Sun Acquisitions:
Sun Acquisitions is a Chicago based mergers and acquisitions firm. We work with clients that are interested in the confidential sale, acquisition or valuation of privately held middle market and main street companies. Our professionals have significant experience and knowledge to thoroughly guide clients through each stage of the sale or acquisition process. Sun Acquisitions has successfully managed and handled engagement across all industries and is recognized as a leading M&A advisory firm in the Midwest.
If you are interested in buying or selling a business, contact us at (773)-243-1603 or email [email protected].