IAG is happy to announce the sale of Morrell Plating Co., Inc in Texas.
In the midst of 2020’s challenging global climate, Morrell Plating Co., Inc. found itself at a pivotal juncture. The Texas-based company, providing superior plating services since 1961, approached IAG M&A Advisors with the intent to sell their esteemed business. Today, we’re thrilled to announce that the sale was a resounding success.
Morrell Plating’s legacy is steeped in a dedication to high-quality service and industry innovation. Managed by James and Billy Morrell, the company was grounded in the principle of delivering the best possible job, emphasizing on getting it right the first time. Over the years, their quality manual, computerized receiving and tracking system, and exceptional traceability and accountability mechanisms earned them a prestigious place in the industry.
However, finding the right buyer for such a reputable company was no small feat, especially in the face of an unprecedented global pandemic and employee turnover. IAG M&A Advisors, with their proven process and track record, was the perfect fit to assist the Morrells in this endeavor. Leveraging its expertise in professionally valuing businesses, creating demand through confidentially presenting to qualified buyers, and then facilitating the sale every step of the way, IAG saw the sale through from start to finish.
“We’re extremely thankful we chose IAG M&A Advisors. Their diligence, professionalism, and understanding of our business surpassed our expectations.”
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