Date
Apr 2018
Region
Florida
A private investor acquired Generational Equity client Design Cabinets and Furniture Inc. dba Busby Cabinets on April 19, 2018.
Busby Cabinets, based in Alachua, Florida, is the state’s premier manufacturer of high-end residential cabinetry and millwork.
It specializes in new construction or remodel custom kitchen and bath cabinetry, built-in entertainment centers, theaters, libraries, hidden rooms, professional offices and much more. The company is directly involved with its clients from conception to installation and service.
Busby incorporates advanced technological processes with a state-of-the-art facility to provide their customers with the highest quality and most consistent products. In addition to its headquarters in Alachua, it has other showrooms in Naples, Orlando and Tampa.
The private investor who purchased the company was looking to relocate to the Gainesville area and run a business in the Florida market.
Generational Equity Senior Managing Director Terry Mackin successfully closed the deal, and Executive Managing Director Edward Weber established the initial relationship with Busby Cabinets.
“Our clients wished to retire as part of their exit strategy,” said Mackin.
“In selling Busby Cabinets to a private investor who showed the same level of care for their employees and confidence in the business, they could move to the next stage in their lives knowing that the company would be in good hands.”
Generational Equity have helped numerous business owners in the construction industry find the optimal buyer for their company and reach the next stage of their life. If you would like to see other transactions we have facilitated in this sector, visit our dedicated construction and engineering industry page.
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