For the First Time in Viking M&A History, Buyer Acquires Two Businesses Simultaneously
30 Aug, 2017, 08:45 ET
CHARLOTTE, N.C., Aug. 30, 2017 /PRNewswire/ -- Viking Mergers & Acquisitions, a well-known M&A firm with five offices serving business owners in the Southeast, has successfully completed the sale of two companies acquired by the same buyer.
One of the companies, Coldsells.com, was founded by majority owner Marson Berry in 2010. The company sells commercial coolers and freezers to national retail chains, beverage, and food distributors as well as retailers across the United States and a portion of Canada. When Berry made the decision to sell the company and transition into retirement, he chose Viking to represent him.
Form X Plastics, a company that specializes in using vacuum forming and rotational molding technology to create custom plastic molds and products for an array of clients, was founded 30 years ago by Ray Campbell. Campbell decided that it was time to retire and pass on his company to a suitable buyer.
The sale of Coldsells was facilitated by Brad Offerdahl, founder of Viking Mergers & Acquisitions. Phil Hagey, senior advisor of Viking Mergers & Acquisitions facilitated the sale of Form X Plastics. Josh Stamey, senior advisor at Viking Mergers & Acquisitions assisted in completing both sales. Each business received a fair amount of interest and were both acquired by Sean & Barbara Magee. Sean was a previous director of business development with extensive experience in accounting, distribution, and manufacturing. The Magee's plan to continue growth projection for both companies while implementing new business strategies.
About Viking Mergers & Acquisitions
Founded in 1996 by Brad and Jay Offerdahl, Viking Mergers & Acquisitions was established with the vision of providing customized exit strategies and facilitating the sale of closely held businesses in a professional and confidential manner. Since their inception, Viking Mergers & Acquisitions has sold over 500 businesses across the Southeast. Their intermediaries have hundreds of years of collective experience in business transactions and nearly 75% have owned a business of their own. Viking proudly boasts a closing rate that is 3x the national average and businesses that sell for 95% of their asking price.
To learn more about Viking Mergers & Acquisitions, please contact their office today at (704) 676-0940, or visit their website to see active business listings or request a valuation for your business.
704 676 0940
SOURCE Viking Mergers & Acquisitions
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