IAG is Happy to Announce the Successful Sale of Our Client Lone Star Dock Products in Mt. Pleasant, Texas to Ideal Warehouse, Inc. in Canada.
Lonestar Dock Products provided safety accessories for loading docks throughout the United States.
Originally started in 1998, the current seller purchased the company in 2012.
The company, with approximately $3 million in Total Revenue, was purchased by Ideal Warehouse, a Canadian company.
The seller was hired by Ideal Warehouse as General Manager and he will continue managing the operation.
The seller achieved impressive growth during his ownership, and he wanted to sell it to a Strategic Buyer who would have the capital to take the operation to the next level under his continuing leadership.
This was a win-win for both buyer and seller.
“IAG sold our business in less than a year, just WOW!”
Our Transaction Specialists work hard to ensure you cross the finish line – we have the resources, the team, and the contacts to get it done!
We can sell your business too!
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