Pacific Register Company
(Oxnard, CA) – Keystone Business Advisors recently announced that Cottonwood Acquisitions, a New York based family office acquired Pacific Register Company, Inc. (PRC) for an undisclosed amount. PRC retained Dave Richards , President of Keystone Business Advisors, as its M&A advisor to identify and negotiate a transaction with targeted strategic, private equity and family office buyers. Keystone utilized a structured sale process with no set price and received 7 offers by the target date. “The company tried to sell their business on their own for about a year and a half prior to engaging us. By utilizing a structured sale process combined with targeting the right pool of prospective buyers, we were able provide the seller with options which ultimately resulted in a successful transaction with a very capable buyer,” stated Dave Richards of Keystone. Cottonwood came to the table with an operating partner with a strong background in digital marketing and logistics as CEO with the goal of ramping up production and expanding the company’s online sales channels to accelerate the company’s organic growth. “Our goal was to provide our client with options at a favorable valuation and deal terms. We took the time up front to properly vet the buyers to assess which were the most likely to complete the deal and who had the best plan in place to be successful with the business going forward. By spending the time up front, we were to close the transaction within 60 days from signing the LOI with a party that was truly committed to the company” stated Dave.
About Pacific Register Company
Pacific Register Company is a family-owned business with four generations of manufacturing experience and two generations of knowledge and experience in the HVAC trade. The company manufactures its branded decorative wall grilles and ceiling registers for residential and commercial spaces. The Company sells directly to homeowners, HVAC contractors, developers, designers, and architects through its company website and other online channels. The company’s state of the art equipment and technology enables it to offer customers a broad product offering with favorable lead times.
About Keystone Business Advisors:
Keystone Business Advisors is a full-service mergers and acquisitions advisory firm. We specialize in managing the sale of privately-owned California-based businesses with annual revenues up to $100 million. We have completed over 200 transactions and have considerable experience in most industries, including manufacturing, wholesale, distribution, service, ecommerce, technology, logistics, healthcare, professional services, construction, and landscape services. All our advisors are experts in the selling process and excel in keeping things moving forward in an orderly manner to ensure that sensitive information is protected, uncertainty is avoided, and the best price is achieved for our clients.
