PEDIA RESEARCH, LLC HAS BEEN ACQUIRED BY QUALMEDICA RESEARCH, LLC

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ABOUT THE TRANSACTION:

Pedia Research, LLC (“Pedia” or the “Company”) has been acquired by Qualmedica Research, LLC (“Qualmedica” or the “Buyer”).

Headquartered in Evansville, Indiana, Pedia Research, LLC has conducted clinical research for pharmaceutical and healthcare organizations for more than twenty years. The Company operates with a focused mission of “Improving Health Through Research.”

Pedia’s multidisciplinary team includes physicians, scientists, nurses, study coordinators, and administrative specialists. Together, they conduct clinical studies involving infants, children, adolescents, and adults. These studies help evaluate the safety and efficacy of new and improved pharmaceutical and healthcare products.

Throughout its history, Pedia has provided important clinical research data to pharmaceutical companies developing treatments for various diseases and conditions. Additionally, the Company advances medical knowledge through published research findings and contributions to scientific literature. Pedia has also developed innovative approaches to participant recruitment and clinical trial execution. These capabilities have strengthened the Company’s relationships with sponsors and supported its commitment to efficient, high-quality clinical research.

Qualmedica Research, LLC is a multi-site clinical research organization with more than twenty years of experience conducting pharmaceutical research. The company partners with physicians and sponsors to advance safe, effective, and meaningful therapeutics for patients. Furthermore, Qualmedica conducts Phase II, III, and IV clinical trials across a broad range of therapeutic areas. Its customer base includes more than 100 pharmaceutical companies and contract research organizations.

The acquisition brings together two experienced clinical research organizations with complementary capabilities and a shared commitment to advancing patient health. Moreover, the transaction provides Pedia with additional resources and infrastructure to support its continued development.

Allston Advisory Group served as the exclusive financial advisor to Pedia Research, LLC throughout the transaction process. Allston performed an Analysis of Value and developed a confidential marketing strategy for the Company. Additionally, Allston identified prospective buyers and managed a competitive sale process on behalf of the Sellers. As the transaction progressed, Allston coordinated buyer communications, assisted with due diligence, and supported negotiations through closing. These efforts helped maintain transaction momentum while allowing Pedia’s leadership to remain focused on the business.

ABOUT ALLSTON ADVISORY GROUP, LLC:

Allston Advisory Group is an independent mergers and acquisitions advisory firm serving lower middle market businesses throughout the United States. The firm provides sell-side advisory, business valuations, and exit planning services to privately held companies across diverse industries. Allston combines practical transaction experience with a disciplined and confidential approach to mergers and acquisitions. The firm works closely with business owners to understand their objectives and manage each stage of the transaction process.

For additional information about this transaction, please contact one of our advisors.

Independent Stave Company

KENTUCKY BOURBON BARREL HAS BEEN ACQUIRED BY INDEPENDENT STAVE COMPANY

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ABOUT THE TRANSACTION:

Kentucky Bourbon Barrel (“KBB” or the “Company”) has been acquired by Independent Stave Company (“ISC” or the “Buyer”).

Headquartered in Louisville, Kentucky, KBB operates at the center of one of the world’s most important bourbon markets. The family-owned company supplies high-quality, ready-for-filling used barrels to distilleries, wineries, and breweries worldwide.

KBB has built a reputation around the quality and diversity of its used bourbon and whiskey barrels. Previously filled barrels can impart distinctive aromas, flavors, and characteristics to spirits, wine, and beer. As a result, these barrels provide producers with additional opportunities to develop unique products and flavor profiles.

Independent Stave Company is a family-owned cooperage serving customers in more than 40 countries. The Boswell family founded ISC in 1912, establishing a business centered on cooperage craftmanship, innovation, and customer service. Today, ISC produces new oak barrels and other cooperage products for the spirits, wine, and brewing industries. The acquisition of KBB expands ISC’s ability to provide customers with sought-after previously filled barrels. Furthermore, the combination broadens access to barrels that previously aged bourbon, whiskey, and other distinctive liquids. These barrels can provide unique characteristics for customers developing new or differentiated products.

Tim Ratliff, President and co-owner of KBB, expressed enthusiasm about partnering with an organization sharing the Company’s vision and founding principles. He also emphasized KBB’s continued commitment to quality, service, product availability, and a diverse barrel portfolio. The transaction brings together two family-owned companies with complementary capabilities and strong positions within the cooperage and barrel industries. Additionally, Independent Stave Company provides KBB with resources and industry experience to support future opportunities while maintaining its commitment to customers.

Allston Advisory Group served as the exclusive financial advisor to Kentucky Bourbon Barrel and its owners. Allston performed an Analysis of Value and developed a confidential marketing strategy for the Company. Additionally, Allston identified prospective buyers, managed negotiations, assisted with due diligence, and facilitated the transaction through closing. Consequently, the transaction provided liquidity to KBB’s owners while establishing a strategic partnership with an experienced industry leader. The transaction structure also incorporated a stock exchange designed to address the Sellers’ objectives. Importantly, the combination provided KBB’s employees and customers with continuity under an established, well-capitalized new owner.

ABOUT ALLSTON ADVISORY GROUP:

Allston Advisory Group is an independent mergers and acquisitions advisory firm serving lower middle market companies throughout the United States. The firm provides sell-side advisory, business valuations, and exit strategies, to privately held companies across diverse industries. Allston works closely with business owners to understand their financial, strategic, and personal objectives before entering the market. The firm then manages a confidential and disciplined transaction process from initial preparation through closing.

For additional information on this transaction, please contact one of our advisors.

NEWS SOURCES: 

BRASCH CONSTRUCTORS, INC. HAS BEEN ACQUIRED BY A.L. POST, INC.

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ABOUT THE DEAL:

Brasch Constructors, Inc. (“Brasch” or the “Company”) has been acquired by A.L. Post, Inc. (“A.L. Post” or the “Buyer”).

Established in 1989 and headquartered in Louisville, Kentucky, Brasch is an experienced commercial construction company serving clients across multiple industries. The Company provides construction services ranging from site evaluation and preconstruction planning to new construction and design-build projects. Throughout its history, Brasch has developed extensive experience managing both large and small construction projects. The Company’s capabilities allow it to coordinate complex projects from initial planning through completion.

Established in 2001, A.L. Post, Inc. specializes in the engineering, design, and construction of commercial and industrial facilities. The company is also headquartered in Louisville, Kentucky. A.L. Post has completed projects across numerous states and serves clients with diverse construction requirements. Its portfolio includes historic, medical, dental, faith-based, commercial, and industrial projects. Furthermore, A.L. Post brings engineering, design, and construction capabilities together within an integrated approach to project delivery. These capabilities complement Brasch’s established construction experience and presence in the Louisville market.

The acquisition combines two Louisville-based construction companies with complementary experience and capabilities. Moreover, the transaction creates opportunities to leverage their combined resources, industry knowledge, and construction expertise.

Allston Advisory Group served as the exclusive financial advisor to Brasch Constructors, Inc. and its owner. Allston performed a valuation assessment and helped prepare the Company for the transaction process. Additionally, Allston developed and managed a confidential sale process on behalf of the sellers. The firm coordinated communications between the parties and assisted the sellers throughout the negotiations. As the transaction progressed, Allston assisted with due diligence and worked alongside the seller’s other professional advisors. The firm also helped address transaction issues and maintain momentum through closing. The successful transaction provided Brasch’s owners with an exit while transitioning the Company to an experienced industry buyer. Importantly, the combination positioned the business within an established construction organization with complementary capabilities and resources.

ABOUT ALLSTON ADVISORY GROUP:

Allston Advisory Group is an independent mergers and acquisitions advisory firm serving lower middle market companies throughout the United States. The firm provides sell-side advisory, business valuations, and exit planning services to privately held companies across diverse industries. Allston works closely with business owners to understand their objectives and prepare their companies for the transaction process. The firm then manages a disciplined and confidential sale process from initial preparation through closing.

For additional information on this transaction, please contact one of our advisors.

U.S. NUT AND BOLTS HAS BEEN ACQUIRED BY BOLTS & NUTS CORP

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ABOUT THE TRANSACTION:

U.S. Nut and Bolts (the “Company”) has been acquired by Bolts & Nuts Corporation (“Bolts & Nuts” or the “Buyer”).

Headquartered in Louisville, Kentucky, U.S. Nut and Bolts operated as a full service distributor of fasteners and related products. For nearly ten years, the Company has served customers throughout the commercial, industrial and manufacturing sectors.

U.S. Nut and Bolts developed its business by providing customers with reliable access to essential fastener products. Additionally, its Louisville location provided an established presence within an important manufacturing and distribution market.

Bolts & Nuts began operations in Chattanooga, TN, in 1979 as a regional fastener distributor. Over time, the company expanded its capabilities, geographic reach, and customer base beyond its original regional footprint.

The acquisition of U.S. Nut and Bolts represented another step in the Buyer’s continued expansion. Furthermore, the Louisville location complemented its existing operations and facility in Danville, Kentucky. Through the acquisition, Bolts & Nuts strengthened its ability to serve manufacturers and original equipment manufacturers throughout the region. The transaction also expanded its presence across Kentucky, southern Indiana, and Ohio.

Randy Crowdis, CEO of U.S. Nuts and Bolts, said, “In combining with Bolts & Nuts, our team acquires the advantages of global scale while marrying up with a company whose core values are focused on delivering value to our four key stakeholders: customers, team members, community, and suppliers.”

Allston Advisory Group served as the exclusive financial advisor to U.S. Nut and Bolts and its owner. Allston performed an Analysis of Value and prepared a comprehensive Confidential Information Memorandum. Additionally, Allston developed and managed a confidential sale process designed to identify qualified prospective buyers. The firm coordinated buyer communications, assisted with negotiations, and supported the seller throughout due diligence.

Allston also worked alongside the seller’s other professional advisors as the transaction progressed toward closing. Ultimately, the transaction provided liquidity to the owner while transitioning the Company to an established, high-growth, and well-capitalized strategic buyer.

ABOUT ALLSTON ADVISORY GROUP:

Allston Advisory Group is an independent mergers and acquisitions advisory firm serving lower middle market businesses through the United States. The firm provides sell-side advisory, business valuations, and exit planning services to privately held companies across diverse industries. Allston works closely with business owners to understand their objectives and prepare their companies for the transaction process. The firm then manages a disciplined and confidential sale process from initial preparation through closing.

For additional information on this transaction, please contact one of our advisors.

NEWS SOURCES:

BURGER KING® FRANCHISEE HAS BEEN ACQUIRED BY CARROLS

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ABOUT THE TRANSACTION:

Carrols Restaurant Group, Inc. (“Carrols”) (Nasdaq: TAST) has acquired six BURGER KING® restaurants from a Western Kentucky franchisee (the “Seller”).

The Seller has owned and operated six BURGER KING® restaurants located throughout Kentucky and Indiana. Collectively, the restaurants employ nearly 180 people and serve an established customer base across their respective markets.

Over the last 30 years, the Seller has developed a successful restaurant operation and built an experienced workforce. Additionally, the business has established loyal customer relationships that support consistent operations across its six locations.

STRATEGIC RATIONALE FOR CARROLS:

Headquartered in Syracuse, New York, Carrols is the largest BURGER KING® franchisee in the United States. The company operates more than 700 restaurants across 16 states and has operated BURGER KING® restaurants since 1976.

Carrols has maintained an active acquisition strategy focused on expanding its restaurant portfolio. The company has pursued franchise acquisitions that complement its geographic footprint and established operating infrastructure. Notably, Carrols has acquired the franchisor’s right of first refusal across 20 states, including Kentucky and Indiana. This position has made Carrols a particularly relevant strategic buyer for the Seller’s restaurant portfolio.

The acquisition has expanded Carrols’ presence within Kentucky and Indiana. Moreover, the transaction provides opportunities to integrate the restaurants into Carrols’ established operating platform. Carrols also expects the acquired restaurants to benefit from its purchasing power, management infrastructure, and operating experience. These capabilities support the buyer’s objectives of capturing operational synergies and improving restaurant profitability.

ALLSTON ADVISORY GROUP’S ROLE:

Allston Advisory Group served as the exclusive financial advisor to the Seller. The firm performed an Analysis of Value for the restaurant portfolio and prepared a comprehensive Confidential Information Memorandum. Furthermore, Allston evaluated the market and identified prospective strategic and financial buyers for the restaurant holdings. Given Carrols’ acquisition strategy, Allston identified the company as a compelling strategic buyer for the portfolio.

Thereafter, Allston approached Carrols and managed the confidential sale process on behalf of the Seller. The firm coordinated communications, facilitated negotiations, and assisted the parties throughout due diligence. Ultimately, the transaction has accomplished the Seller’s objective of obtaining liquidity from his BURGER KING® restaurant holdings. Equally important, employees have transitioned to an established and well-capitalized restaurant operator.

As a result, the acquisition has supported Carrols’ continued geographic expansion and provides additional opportunities to capture operating efficiencies. The transaction represents a strategic combination that addresses the objectives of both buyer and seller.

ABOUT ALLSTON ADVISORY GROUP:

Allston Advisory Group is an independent mergers and acquisitions advisory firm serving lower middle market businesses throughout the United States. The firm provides sell-side advisory, business valuations, and exit planning services across diverse industries. Allston combines transaction expertise with personalized client service to help business owners maximize value and achieve successful outcomes.

For additional information on this transaction, please contact one of our advisors.

NEWS SOURCES:

UP-RITE SYSTEMS, INC. HAS BEEN ACQUIRED BY FLETCHLINE, INC.

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ABOUT THE TRANSACTION:

Up-Rite Systems, Inc. (“Up-Rite” or the “Company”) has been acquired by Fletchline Inc. (“Fletchline” or the “Buyer”).

Established in 1993 and headquartered in Bardstown, Kentucky, Up-Rite is a nationwide material handling installation company. The Company specializes in the installation of pallet rack and related material handling equipment.

For more than two decades, Up-Rite has developed extensive experience serving customers throughout the United States. The Company has built its reputation by providing specialized installation services across a broad range of projects. Up-Rite’s nationwide capabilities have allowed the Company to support customers with material handling requirements across multiple geographic markets. Furthermore, its specialized workforce brings valuable experience to these complex installation projects.

STRATEGIC FIT WITH FLETCHLINE: 

Headquartered in Springfield, Tennessee, Fletchline specializes in conveyor system installation throughout the United States. The company has served customers across projects of varying sizes and complexity since 1988. Fletchline provides installation services for multiple conveyor systems used within distribution, manufacturing, and other material handling environments. Additionally, the company emphasizes workplace safety, quality, teamwork, and efficient project execution.

The acquisition brings together two companies with complementary capabilities within the material handling industry. Up-Rite specializes in rack installation, while Fletchline brings extensive experience installing conveyor systems. As a result, the combination broadens the range of installation services available to customers. The transaction also strengthens Fletchline’s capabilities within an increasingly integrated material handling marketplace.

Moreover, both companies bring nationwide installation experience and established customer relationships to the combined organization. Their complementary expertise creates opportunities to serve customers across a broader range of material handling projects. The transaction provides Up-Rite with the resources and capabilities of an established strategic buyer. At the same time, Fletchline expands its service capabilities through the addition of Up-Rite’s specialized rack installation expertise.

ALLSTON ADVISORY GROUP’S ROLE: 

Allston Advisory Group served as the exclusive financial advisor to Up-Rite Systems and its owners. Allston performed an Analysis of Value and prepared a comprehensive Confidential Information Memorandum. Thereafter, Allston developed and managed a confidential sale process designed to identify qualified prospective buyers. The firm evaluated potential strategic and financial buyers and coordinated communications throughout the process.

Allston also assisted the sellers with negotiations and worked alongside their other professional advisors. During due diligence, Allston coordinated information requests and helped address transaction matters as they arose. The transaction successfully transitioned Up-Rite to an experienced strategic buyer with complementary capabilities. Furthermore, the combination positions both organizations to pursue additional opportunities with the material handling industry.

ABOUT ALLSTON ADVISORY GROUP:

Allston Advisory Group is an experienced mergers and acquisitions advisory firm serving privately held lower middle market companies. The firm provides mergers & acquisitions, business valuations, and exit strategies. Allston works closely with business owners to understand their objectives and prepare their companies for the transaction process. The firm then manages a disciplined and confidential sale process from initial preparation through closing.

For additional information on this transaction, please contact one of our advisors.

THE PROSPECT VILLAGE SHOPPING CENTER HAS BEEN ACQUIRED BY KROGER

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ABOUT THE TRANSACTION:

The Kroger Co. (NYSE: KR) has acquired The Prospect Village Shopping Center from Montfort Helm Enterprises, LLC (the “Seller”).

Built in 2000, Prospect Village contains approximately 153,486 square feet of retail space. The Center is located along Highway 42 in Prospect, Kentucky. The property occupies a desirable location within one of the Louisville metropolitan area’s most affluent communities. Additionally, its location provides convenient access to surrounding residential neighborhoods and commercial areas. At the time of the transaction, Prospect Village is approximately 90 percent occupied. The tenant roster includes several national retailers and service businesses. A newly renovated Kroger Marketplace anchors the Center and serves as its primary traffic generator. Other tenants include Starbucks Coffee, Snap Fitness, Subway, Great Clips, and additional retailers.

STRATEGIC FIT WITH KROGER: 

Kroger is one of the world’s largest grocery retailers and operates stores throughout numerous markets across the United States. The company operates grocery stores, multi-department stores, convenience stores, and other retail formats. Kroger already maintains an established operating presence within Prospect Village as the Center’s anchor tenant. Therefore, acquiring the property provides Kroger with greater control over an important retail location.

The acquisition also strengthens Kroger’s real estate position within the Louisville market. Furthermore, Kroger intends to expand the property’s facilities to accommodate fuel sales. Ownership provides Kroger with greater flexibility regarding future improvements and the long=term operation of its Marketplace location. The acquisition also aligns the Center’s ownership with its principal anchor tenant.

ALLSTON ADVISORY GROUP’S ROLE: 

Allston Advisory Group served as the exclusive financial advisor to Montfort Helm Enterprises, LLC. The firm performed an extensive valuation assessment of Prospect Village before initiating the sale process. Next, Allston identified prospective strategic and financial buyers capable of acquiring the Center. The firm marketed the property to national, regional, and local investor groups.

Subsequently, Allston conducted a formal auction process designed to create competition among the prospective purchasers. Through this process, the marketplace established a premium valuation for the property. Notably, Kroger held a right of first refusal to the Center. After completion of the competitive process, Kroger exercised that right and acquired the property.

Accordingly, the competitive process provided the Seller with market validation before Kroger exercised its contractual purchase rights. In turn, Kroger secured ownership of the shopping center containing its established Marketplace location. The transaction demonstrates how a competitive sale process may establish market value even when contractual purchase rights affect the final buyer.

ABOUT ALLSTON ADVISORY GROUP:

Allston Advisory Group is an experienced mergers and acquisitions advisory firm serving privately held lower middle market companies. The firm provides mergers and acquisitions, business valuations, and exit strategies. Allston works closely with business owners to understand their objectives and prepare their companies for the transaction process. The firm then manages a disciplined and confidential sale process from initial preparation through closing.

For additional information about this transaction, please contact one of our advisors.

LYNN’S PARADISE CAFÉ HAS BEEN ACQUIRED BY FRESH CAPITAL GROUP

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ABOUT THE TRANSACTION:

The former Lynn’s Paradise Café property in Louisville, Kentucky has been acquired by Fresh Capital Group (“Fresh Capital” or the “Buyer”).

Lynn’s Paradise Café opened its doors in 1991 and became one of Louisville’s most recognizable restaurant destinations. The Café attracted a diverse clientele through its distinctive atmosphere, creative menu, and unconventional approach to dining. For more than two decades, owner Lynn Winter developed a concept centered around food, entertainment, and community. The colorful property became closely associated with the Café’s personality and Winter’s original vision. Following the Café’s unexpected closure, the property presented a unique opportunity for a new owner. However, identifying the appropriate buyer required recognizing both the property’s economic potential and its distinctive character.

STRATEGIC FIT WITH FRESH CAPITAL GROUP: 

Fresh Capital Group is a Nashville-based commercial real estate development and management company focused primarily on the Southeastern United States. At this time, the company manages a real estate portfolio valued above $350 million. Fresh Capital specializes in restaurant build-to-suit projects and multi-tenant restaurant developments. Additionally, its portfolio includes office buildings, single-tenant properties, and retail centers.

The company’s experience with restaurant properties makes the former Lynn’s Paradise Café location a natural addition to its portfolio. Moreover, Fresh Capital brings development expertise and financial resources to the property. Fresh Capital also emphasizes preserving properties that contribute economic and cultural value to their surrounding neighborhoods. That philosophy aligns well with the history and recognizable character of the Lynn’s Paradise Café property. Lynn Winter expressed confidence in the buyer’s financial resources and operating capabilities. She also emphasized the value of finding an experienced organization capable of moving the property forward.

ALLSTON ADVISORY GROUP’S ROLE: 

Following the Café’s closure, the restaurant and property remained on the market for approximately twelve months without generating a satisfactory offer. Thereafter, the sellers engaged Allston Advisory Group as their exclusive financial advisor. Allston performed an Analysis of Value and evaluated the property’s marketability under the circumstances. The firm also prepared a comprehensive Confidential Information Memorandum presenting the opportunity to prospective buyers.

Nest, Allston developed a targeted marketing process and contacted qualified buyers locally, regionally, and nationally. The outreach included prospective buyers with the financial resources and experience necessary to pursue the opportunity. Throughout the process, Allston managed communications and maintained confidentiality on behalf of the sellers. The firm also facilitated negotiations and worked with the parties as the transaction progressed toward closing.

As a result, the transaction provided the seller with the desired liquidity after an extended marketing period. The property also transitioned to an established and well-capitalized new owner with significant restaurant real estate experience. The successful transaction demonstrates the value of targeted buyer identification when traditional marketing efforts fail to produce an acceptable outcome.

ABOUT ALLSTON ADVISORY GROUP:

Allston Advisory Group is an independent mergers and acquisitions advisory firm serving privately held lower middle market companies. The firm provides mergers and acquisitions, business valuations, and exit strategies. Allston works closely with business owners to understand their objectives and prepare their companies for the transaction process. The firm then manages a disciplined and confidential sale process from initial preparation through closing.

For additional information on this transaction, please contact one of our advisors.

NEWS SOURCES:

TRAFFIC BUILDERS HAS BEEN ACQUIRED BY GS MARKETING

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ABOUT THE TRANSACTION:

GS Marketing, Inc. (“GSM” or the “Buyer”) has acquired Traffic Builders, Inc. (“Traffic Builders” or the “Company”).

Headquartered in Louisville, Kentucky, Traffic Builders is a multichannel direct marketing agency serving more than 300 automobile dealerships nationwide. The Company works with dealerships representing a broad range of automobile manufacturers. With approximately 20 full-time employees, Traffic Builders specializes in results-driven automotive marketing programs. Its programs help dealerships attract new customers, increase existing customer activity, and reengage customers who have stopped doing business. For nearly two decades, Traffic Builders has developed integrated marketing solutions across multiple delivery platforms. The Company combines automotive industry knowledge with targeted marketing strategies designed to generate measurable customer activity.

STRATEGIC FIT WITH GS MARKETING:

Headquartered in Houston, Texas, GS Marketing is a full-service direct marketing company serving the automotive industry. GSM has nearly three decades of experience working with automobile dealerships, dealer groups, and manufacturers. The company employs approximately 85 associates and operates as part of The Friedkin Goup. GSM provides marketing products and services designed specifically for automotive retailers and manufacturers.

The acquisition combines two companies with extensive experience serving automobile dealerships. In particular, Traffic Builders adds established customer relationships, integrated products, and additional marketing capabilities to GSM’s existing platform. GSM President Shelley Washburn highlighted Traffic Builders’ experience and integrated marketing products as significant benefits of the combination. She also noted the companies’ shared commitment to customer satisfaction and engaging workplace cultures.

Following the acquisition, GS Marketing continues operations in both Houston and Louisville. The two locations provide complementary capabilities within the combined organization. Specifically, the Houston offices focus on technology and digital marketing. Meanwhile, the Louisville facility concentrates on expanded print production and related marketing capabilities. The combination allows GSM to broaden its automotive marketing platform while maintaining Traffic Builders’ established Louisville presence. Furthermore, GSM expects the acquisition to strengthen its position within the automotive marketing industry.

ALLSTON ADVISORY GROUP’S ROLE:

Allston Advisory Group served as the exclusive financial advisor to Traffic Builders, Inc. and its owners. Allston performed an Analysis of Value and prepared the Company for the sale process. Additionally, Allston developed a comprehensive Confidential Information Memorandum presenting Traffic Builders’ operations, financial performance, capabilities, and growth opportunities. The firm also identified qualified strategic and financial buyers capable of completing the transaction.

Thereafter, Allston conducted a confidential and competitive sale process involving both strategic buyers and private equity groups. The process created competition while allowing the sellers to evaluate multiple potential transaction alternatives. Allston managed buyer communications, coordinated management discussions, and assisted the sellers throughout negotiations. The firm also worked alongside the sellers’ other professional advisors during due diligence and closing. As a result, Traffic Builders has transitioned to an established strategic buyer with complementary capabilities and substantial automotive industry experience. The transaction also provides GSM with additional resources, customers, and capabilities to support its continued growth.

ABOUT ALLSTON ADVISORY GROUP:

Allston Advisory Group is an independent mergers and acquisitions advisory firm serving privately held lower middle market companies. The firm provides mergers and acquisitions, business valuations, and exit strategies. Allston works closely with business owners to understand their objectives and prepare their companies for the transaction process. The firm then manages a disciplined and confidential sale process from initial preparation through closing.

For additional information on this transaction, please contact one of our advisors.

HIKES POINT PAINT & WALLPAPER HAS BEEN ACQUIRED BY DAGES PAINT

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ABOUT THE DEAL:

Hikes Point Paint & Wallpaper (also referred to as the “Company” and “Sellers”) has been acquired by Dages Paint (the “Buyers”).

Established in 1976 and headquartered in Louisville, Kentucky, Hikes Point Paint & Wallpaper has become the preeminent, independent retailer of high-quality paint and decorating supplies in the region. With three locations, the Company is the largest Benjamin Moore account in the area, and has committed to achieving the highest degree of customer satisfaction among contractors and DIYs alike.

Dages Paint Company has been aptly utilizing the slogan, “Keeping Louisville Colorful,” since 1930, making it the oldest, independent paint store in Louisville. For three generations now, it has been owned and operated by the original Dages family. As an independently-owned store, Dages offers its customers a level of service rarely found today. They are proud to deliver the kind of specialized attention and help that customers simply won’t find in larger chain stores. Dages’ store professionals are trained specialists whose experience and helpful advice ensures the success of every project.

Allston Advisory Group served as the exclusive financial advisors to the Sellers, Hikes Point Paint & Wallpaper. Allston established a valuation assessment of the Company, prepared a thorough confidential memorandum, assisted with the Buyer’s due diligence, helped the Buyers obtain financing for the transaction with modest collateral available through an SBA Guaranteed Loan, and facilitated the confidential sale process on behalf of the Sellers. Consequently, the transaction satisfied the Seller’s desires for liquidity as well as provide employees with an established, team and customer-focused new owner.

ABOUT ALLSTON ADVISORY GROUP, LLC:

Allston Advisory Group, LLC is an experienced M&A advisory firm providing mergers & acquisitions, business valuations, and exit strategies, to lower middle market companies. The firm has an established track record of serving corporate clients across a broad spectrum of industries throughout the United States. Allston Advisory Group has the experience, professional fortitude, and quality of work that enable the firm to consistently deliver high-level results to its clients.

For additional information on this deal, please contact one of our advisors.

Allston Advisory Group is an experienced boutique M&A advisory firm providing a variety of services to lower middle market companies. See our footer for contact information.

(502) 742-2933
[email protected]
P.O. Box 21266, Louisville, KY 40221

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