Indian River Glass, Acquired Outright by Florida Window & Door
Indian River Glass, a New Smyrna based glass, window & door company, was acquired outright by Florida Window & Door, a company based out of Palm Beach, FL for $1.8 million. Real estate was also involved in the transaction.
New Smyrna, FL, January 18, 2018 --(PR.com)-- Indian River Glass was founded in 1976 specializing in glass, window and door installations for residential and commercial properties. The company employs 25 individuals and enjoy a great reputation in New Smyrna. They have an A+ rating with the Better Business Bureau. Also, they’ve been voted “The Star of the South” 12 years in a row by the Daytona News-Journal and have received the “Super Service” award from Angie’s List.
The new owner will continue this great tradition and has plans to expand.
The sale of this successful Central Florida business was brokered by NewGate Capital Partners out of Winter Park, Florida. As experts in mergers and acquisitions, NewGate Capital provides highly personalized services to small-to-medium sized business owners looking to sell all or a part of their company.
Monte Mitchell, a senior sales associate at NewGate Capital, spoke about the brokered business deal saying, "This industry is one that is seeing it's share of consolidation. After dealing with several potential buyers, we felt that Florida Window & Door was a good fit for our client and the due diligence process went fairly smooth. We are excited to see both sides end up with a good result."
For more information on NewGate Capital Partners' services visit: www.newgatecapitalpartners.com"
The new owner will continue this great tradition and has plans to expand.
The sale of this successful Central Florida business was brokered by NewGate Capital Partners out of Winter Park, Florida. As experts in mergers and acquisitions, NewGate Capital provides highly personalized services to small-to-medium sized business owners looking to sell all or a part of their company.
Monte Mitchell, a senior sales associate at NewGate Capital, spoke about the brokered business deal saying, "This industry is one that is seeing it's share of consolidation. After dealing with several potential buyers, we felt that Florida Window & Door was a good fit for our client and the due diligence process went fairly smooth. We are excited to see both sides end up with a good result."
For more information on NewGate Capital Partners' services visit: www.newgatecapitalpartners.com"
Contact
NewGate Capital Partners
Brett Andrews
(407) 499-8938
newgatecapitalpartners.com
Brett Andrews
(407) 499-8938
newgatecapitalpartners.com
Contact
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