2018
Industry: Manufacturing – Adhesives
Buyer: Lighthouse for the Blind – St. Louis
The DVS Group’s Role: Buyside Representation
The Deal:
Lighthouse for the Blind – St. Louis (LHB), a long-standing DVS client, continued its acquisition strategy in 2018 with the purchase of Badge Magic, marking its fourth acquisition overall and third with The DVS Group. After initiating its search early in the year, LHB connected with the seller through The DVS Group’s outreach efforts and identified Badge Magic as a strong strategic fit, complementing its existing adhesive manufacturing operations alongside Tear Mender and RapidFix. The parties quickly aligned on valuation and deal terms following a Letter of Intent, and The DVS Group guided the process through to a smooth closing on September 21, 2018, further supporting LHB’s mission of creating employment opportunities for the visually impaired.
Client Testimonial:
“The Badge Magic acquisition is another exciting opportunity for the St. Louis blind and visually impaired community. It will bring jobs to the area and provide a new source of revenue that will help fund our other support services.” – John Thompson
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.