IAG Sells Larry’s Chemical & Spray, Inc.

IAG, a Leading Boutique M&A Advisory Firm, is Very Pleased to Announce the Sale of Its Client Larry’s Chemical & Spray, Inc.

DALLASAug. 23, 2016 /PRNewswire/ — Crop Production Services “CPS” has acquired the assets of Larry’s Chemical and Spray, Inc. for an undisclosed amount in an all cash transaction, which included the real estate.  The purchase price falls within the upper end of the EBITDA multiple range that CPS targets for its acquisitions.

Photo – http://photos.prnewswire.com/prnh/20160822/400280

Operating from its headquarters in Brownfield, Texas, Larry’s Chemical & Spray, Inc. is a retail operation offering seeds, fertilizers, supplies and equipment for the farm supply and service industry. The Company’s primary products include cottonseed, chemicals and fertilizer. The Company operates from three buildings, totaling 20,000 square feet.  Organized as a “C” corporation, Larry’s Chemical & Spray, Inc. was established in 1968.  Larry and Sharon Yowell (the “Owners”) became partners in the business in 1992, and assumed full control in 2007. The Company has eight nonunion employees, with an average length of service of 16 years.

CPS is a major retail supplier of agricultural products and services in North AmericaSouth America and Australia and a wholesale producer and marketer of all three major agricultural nutrients and a supplier of specialty fertilizers in North America.

IAG, LLC initiated the transaction, assisted in the negotiations and acted as the broker for Larry’s Chemical and Spray, Inc.

 

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IAG, LLC is widely recognized as a leading M&A advisory firm.

IAG, LLC works with each client to fully understand their individual need, by combining the access and expertise of an international firm with senior-level stewardship and personalized service, we can help advance your vision. Our hands-on experience and intellectual rigor have become our calling cards.

In today’s Market, unfamiliar territory requires a partner who can familiarize you with the proper high quality liquidity event process. Our long record, leadership position in the marketplace, and high level of transaction activity enable us to clear the market globally in search of the best transaction partners. Our deal makers are true experts in the industry and understand the competitive landscape and deal environment facing our clients.

We provide senior-level service and attention on all transactions, large and small. Our deal makers have relationships with thousands of client companies and financial buyers—and the ability to identify the most likely and best-suited parties to a transaction. We have a proven ability to identify optimal transaction partners around the globe, structure and negotiate transactions, and deliver the best outcomes for our clients.

http://intlag.com/

Media Contact:
Jason Hullender
972-331-6578

IAG can help you with all of these aspects, including the development and implementation of actual solutions that can boost the value of your business and optimize it for results in the market.

 

There are many aspects to consider when selling your business, make sure you have every part covered by signing up with IAG today!

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