ENLIGN Sells Nelson Distributing in San Antonio, Texas

San Antonio, TX – Nelson Distributing, a nationally known company providing top quality POS and ECR products and accessories for small businesses, is under new ownership.

Joe Vagnone, the Charlotte Area Managing Director with ENLIGN Business Brokers & Advisors facilitated this sale between the Seller, Rocky Nelson, and Reed Robertson, the Buyer. The sale of this business was especially challenging, with the seller operating the business in Texas, and the buyer in North Carolina.

Having recently purchased Longino Distributing in Statesville, NC through ENLIGN, buyer Reed Robertson had this to say: “I have recently purchased two businesses through Joe Vagnone, and my experience was a quick, easy and professional experience both times. I highly recommend Joe and Julie to help find the right business as well as make it a seamless process.”

Joe Vagnone had this to say: “This transaction will create the largest CRS distribution company in the country. The newly combined efforts of this deal will afford Reed a competitive advantage over all other distributors in the country selling similar products and services. I am very proud to have played a part in this new beginning of a very old and established […]

March 1st, 2021|

ENLIGN Sells Longino Distributing in Statesville, North Carolina

Statesville, NC – Longino Distributing, a company providing top quality POS products and accessories for small businesses, serving the mid-Atlantic and Southeast United States, and the Northeast and New York areas from a satellite center in Massachusetts, is under new ownership.

Joe Vagnone, the Charlotte Area Managing Director with ENLIGN Business Brokers & Advisors facilitated this sale between the Seller Ed Longino, and Reed Robertson, the Buyer. The sale of this business was especially challenging, due to the COVID-19 pandemic plaguing the world with both physical restrictions and economic challenges for the seven months prior to the sale of this business, whose main market consists of restaurants and small retail stores.

Joe Vagnone had this to say: “The distribution industry has been changing right before our eyes, requiring more and more cost control and inventory control than ever before. A buyer will need to be creative and a true partner with the dealers they supply. Reed Robertson will prove great at this challenge.”

Joe Vagnone is a proud referral partner of Quest (www.questnow.net ), an independent business advisory firm dedicated to helping business owners reach their goals and prepare for transitions. This deal is […]

October 6th, 2020|