Greenwood Village, CO, United States (December 16, 2014) – The Forbes M+A Group is pleased to announce the successful acquisition of its client, a prominent distributor of industrial products for the Rocky Mountain region, by a group of private investors. Forbes M+A served as the exclusive financial advisor to the seller.
The seller is a well-known distributor of high-end products used in the manufacturing of industrial products. With a strong reputation for providing knowledgeable product advice in addition to high quality products, the company generated interest from multiple investors. Tom Schmidt, managing director for Forbes M+A and one of the lead advisors on the sell-side of the transaction, said “Founded in 1955, our client had a rich history of selling high-end products to manufacturers. Manufacturers across the region valued their opinions. Buyers that cared about quality, chose to purchase their products.”
Bob Forbes, President of The Forbes M+A Group, stated “This industrial distributor had high quality owners and a great customer-centric culture. We were pleased to help position the company in a way that attracted a selection of potential buyers, which then allowed the executive team to find investors with a similar customer focus.”
Terms of the transaction were not disclosed.