2015
Industry: Distribution: Light Bulbs and Lighting Supplies
Location: Merriam, Kansas
Buyer: Mr. Andre Smith
The DVS Group’s Role: Buy-Side Advisory to Corporate Executive
The Deal:
Mr. Andre Smith, a former telecommunications executive with extensive experience across product development, business development, marketing, operations, and merger integration, engaged The DVS Group to identify a company with strong growth potential aligned with his passion for leadership and business-building. The DVS Group introduced him to Watts Up™, whose owners were nearing the end of a 10-year ownership plan and seeking a successor to lead the business forward. Recognizing the opportunity for accelerated growth, including potential benefits associated with MBE status under Mr. Smith’s ownership, The DVS Group structured a transaction that provided sufficient working capital to support expansion while also establishing a clear and accelerated repayment path for the sellers.
About The DVS Group:
The DVS Group is a professional lower middle market M&A services firm based in Kansas City. We represent both buy-side and sell-side clients domestically and internationally, focusing primarily on businesses with $10M-$250M in revenue. As industry generalists, we specialize in a highly customized approach to owners exiting their business, and proprietary (off-market) deal-flow for our buyers. With over two decades refining our process, the DVS Group is your key to achieving unparalleled growth through acquisition, or a smooth transition through the sale of your business.