Monday, September 30, 2013

Successful Sale Fire Alarm Business in Sacramento


Sacramento, CA June 2013-

I am pleased to announce the successful sale of Western Electronics Distributors, Inc. The company (founded in 1965) is primarily in the Commercial and Industrial Fire Alarm systems business, however they also sell and service security systems, sound and intercom systems, nurse call systems,
 and CCTV / camera / surveillance systems. They have expertise in all phases from planning, system design, installation, as well as retrofits and service of old and new systems. The company primarily sells to surrounding acute care hospitals and clinics, as well as convalescent hospitals. They also provide services to apartment buildings, hotels, and other commercial customers. They have established excellent relationships with their customer base, and are thought of as the only place to call. Most of their business is referral or repeat business. The seller is retiring.

 

The buyer was a strategic buyer who is making a large consolidation play throughout Northern California in this industry. They viewed this as an opportunity to have an immediate presence in this market, providing them with the ability to leverage additional products and services to the customer base.

Successful Sale Mobile Locksmith Business in San Francisco


San Francisco, CA January 2013-

I am pleased to announce the successful sale of Pop A Lock  in San Francisco, California. In business since 2005
, this mobile locksmith service provided re-keying of residential and commercial properties, and automotive keys. The company had a leadership position due to faster response times, unmatched professionalism (marked vehicles and uniforms), technology based efficiencies, and 100% licensed locksmith employees (not subcontracted). This nationwide franchise has tremendous branding and included rights to San Francisco and San Mateo counties.

 

The buyer was a strategic buyer with franchise rights in Las Vegas who was looking to expand his operation. The opportunity to purchase a functioning territory complete with customers, employees, infrastructure, and goodwill made this a win-win for the buyer and seller.