High Point, NC – Formed in 1955, Acme Sample Books produces sales tools for furniture, fabric and wall covering manufacturing companies who benefit from customers actually being able to see and feel the exact material before making their choice. Acme Sample Books’ customers are local, regional, national and international and represent some of the most recognized product brands in their industries.
Charles Milam, Merger & Acquisition Master Intermediary with ENLIGN Advisors in the Greensboro office facilitated the sale between the Sellers, Keith and Steve Lambeth and the Buyer, The P&A Group who owns several other businesses in North Carolina. The transaction closed on 3 January 2018.
ENLIGN marketed the opportunity with the top online business listing services, including ENLIGN’s website, www.enlign.com.
ENLIGN, representing the seller, prepared a buyer’s information packet, provided a broker’s opinion of value, worked with the seller to determine an appropriate asking price, pre-qualified potential buyers, represented the seller in pre-offer discussions, assisted in the negotiation of the terms of the transaction, and worked with buyer’s and seller’s attorneys on closing documents for client review and execution.
Financial details of the transaction were not disclosed.
Quote: “Acme’s staff and employees are exceptional in their daily execution and The P&A Group’s parallel business philosophy should allow customers to receive the same or better quality of performance and pricing” Jeff Snell, ENLIGN’s founder and principal broker stated.
Keywords: ENLIGN, Business Brokers, ENLIGN Advisors, Charles Milam, business, sale, sold, Acme Sample Books, Seller, Buyer, negotiation, valuation, marketing, High Point, Raleigh, North Carolina, acquisition, Keith Lambeth, Steve Lambeth, P&A Group
About ENLIGN Advisors:
ENLIGN Advisors, which has its headquarters in Raleigh, NC and regional offices in Charlotte, NC, Greensboro, NC and Nashville, TN, provides seller and buyer services, professional negotiation, and valuation and marketing services to small and medium business sellers and buyers. ENLIGN provides business owners wishing to sell their businesses with discrete, objective counsel and valuation advice implementing an innovative, comprehensive approach to marketing businesses for sale. Complete confidentiality is offered throughout the process. ENLIGN, which is a member of the International Business Brokers Association (IBBA), M&A Source (MAS) and the American Business Brokers Association (ABBA), requires that its agents and affiliates have owned a successful business of their own, hold an advanced degree and be members of IBBA working towards or having completed the Certified Business Intermediary (CBI) accreditation. For more information about buying or selling a business or becoming an ENLIGN affiliate broker, contact Jeff Snell at [email protected] or visit the Web site at www.enlign.com.