By Generational EquityJun 29, 2022, 08:00 et
Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Perfection Custom Closets, to Kambium, Inc. The transaction closed on May 31, 2022.
Located in Niles, Illinois, Perfection Custom Closets (PCC) is a leading custom closets company in the Chicago area. PCC provides custom storage solutions and other interior home services for patrons in the area. PCC’s unique, premium-quality closets are imagined and then created with precision and care by the Company’s team of designers and workers. PCC is proud to have served the Chicagoland area for 20 years offering beautiful custom and locally made storage solutions.
Kambium, located in Lakeville, Minnesota, is a leading manufacturer and wholesaler of closets & home storage cabinetry, store display fixtures, custom casework and commercial cabinetry. The Company’s core values are: Respect, customer focus, continuous improvement, humility, and teamwork.
Generational Equity Executive Managing Director of M&A – Central Region, Michael Goss, and his team, led by Senior M&A Advisor, Prasad Karcherla, with the support of Vice President, M&A, Madison Buckley, successfully closed the transaction. Senior Managing Director Brian Hendershot established the initial relationship with PCC.
“This transaction was a perfect strategic fit for both the companies, and I foresee a great future for both the companies post-close,” said Karcherla.
About Generational Equity
Generational Equity, Generational Capital Markets (member FINRA/SIPC), Generational Wealth Advisors, Generational Consulting Group, and DealForce are part of the Generational Group, which is headquartered in Dallas and is one of the leading M&A advisory firms in North America.
With more than 300 professionals located throughout 16 offices in North America, the companies help business owners release the wealth of their business by providing growth consulting, merger, acquisition, and wealth management services. Their six-step approach features strategic and tactical growth consulting, exit planning education, business valuation, value enhancement strategies, M&A transactional services, and wealth management.
The M&A Advisor named the company Investment Banking Firm of the Year three years in a row and Valuation Firm of the Year in 2020. For more information, visit https://www.genequityco.com/ or the Generational Equity press room.
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