Sun Acquisitions is pleased to announce the sale of a B2B Distribution business of Healthcare non-durables. This business is located in the North East region of Illinois and has been in operation since 2010.
The business sells a broad range of linens to independent laundries that rent and/or sell to hospitals, nursing homes, and other healthcare facilities. They serve customers nationwide, with a strong presence in the South. The business has long-term relationship with multiple suppliers overseas that provide high quality linens.
There are opportunities present to expand the business by adding sales representatives to different regions of the US and increase marketing, both online and within trade publications. Sun Acquisitions generated over 220 inquires on the business, which led to over 60 qualified buyers and 6 final offers. The business was acquired by an individual investor and Sun Acquisitions helped them secure financing for the transaction.
Domenic Rinaldi was the lead advisor and managed all aspects of this client engagement. Domenic is the Managing Partner for Sun Acquisitions and a Certified Business Intermediary (CBI). He is a seasoned executive with over 30 years of proven M&A experience.
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]