has been acquired by
Potters Home Center is a leading hardware and building materials retailer operating 21 Home Centers across Tennessee and Kentucky.
Senior Team
Potters Ace Home Center
Type
M&A Sell-Side
Description
Potters Home Center enlisted Croft & Bender to explore strategic options, leading to a meticulously managed process resulting in the successful sale of the company to CMG Companies. Croft & Bender oversaw the creation of marketing materials, financial analyses, management meetings, due diligence management, and negotiations with potential buyers.
Industries
Consumer
has been acquired by
Potters Home Center is a leading hardware and building materials retailer operating 21 Home Centers across Tennessee and Kentucky.
About
Potters Home Center is a leading hardware and building materials retailer operating 21 Home Centers across Tennessee and Kentucky.
Situation
Croft & Bender was engaged to help the Company evaluate strategic alternatives, including a majority recapitalization or strategic sale of the business. Croft & Bender worked with the Company to run a highly targeted process, which included assembling diligence materials, developing compelling marketing materials, producing financial analysis, facilitating management meetings, managing the due diligence process, and negotiating with prospective buyers.
Result
Croft & Bender successfully negotiated a sale of the Company to CMG Companies.