Situation
BlackArch was retained by Scott Labs to serve as the company’s exclusive financial advisor. The business was operated by two cousins; one desired liquidity, while the other was seeking a partner to accelerate the growth of the business.
BlackArch’s Customized Solution
BlackArch ran a staged marketing process with hands-on buyer engagement targeting financial sponsors and select strategics. The process generated incredibly strong interest; over 25% of potential buyers submitted initial bids.
Outcome
Scott Labs was acquired by Lallemand.
Industries:
Distribution, Food & Beverage
Location:
Petaluma, CA
Transaction type:
Sellside Advisory