Los Angeles, CA – Mins, Inc., a Los Angeles-based family office acquires Stellar Technical Products as an entry into the robust industrial supplies market. Keystone Business Advisors served as the exclusive M&A advisor to Stellar Technical Products on this transaction.
Stellar Technical Products has a reputation for delivering exceptional technical support at the distribution level which has driven steady growth since its inception 32 years ago. The generation of recurring business from long relationships with existing, repeat customers has been bolstered by a steady pipeline of new business opportunities via e-commerce. The company‘s broad base of long-term customers in multiple industries provides for a well-balanced stable income stream while reducing dependence on any one market.
Alan Sherry, CEO and Founder of Stellar Technical Products said “After searching for the best partner to guide me through the process of selling my 32-year-old company, I chose Dave Richards at Keystone Business Advisors. Dave went above and beyond to understand not only the value of the company but also my needs and goals for the transaction. Dave has a special skill for handling the emotional side of things, both for “reading” potential buyers and helping keep you calm while the flow of the transaction is working through. In the end, we achieved the best possible result and a win for everyone involved including our employees.”
About Stellar Technical Products
Stellar Technical Products is an established industrial distributor specializing in metal jointing materials and equipment. The company maintains a broad inventory of metal jointing materials and equipment to support the industrial, electronic, contractor and DIY/hobby markets. The company sells through a dual channel format, using the traditional long-term strategic partner distribution model and the rapidly expanding digital eCommerce platform.
