The press release announcing the sale of Harvest Supply Company to BWI describes a recent successful K&A transaction between two direct competitors. I wanted to highlight this transaction, because I believe it serves as an example for other business owners considering the sale of their companies. In some cases the most likely buyer candidate for a […]
BWI Companies, Inc. of Nash, Texas has acquired substantially all the assets of Fort Worth, Texas-based Harvest Supply Company. Harvest’s storied history dates back to 1939 when brothers William P. Cranz and Gus E. Cranz founded Harvest Seed Company, a retail store offering seeds, grains and gardening products on 7th Street west of downtown Fort […]
I’d be remiss if I didn’t start this update by announcing Ed & Janet Kasper’s 50th Anniversary today! Please see the announcement here. Congratulations, Mom & Dad! Speaking of celebrations, we’re happy to announce another successful K&A transaction. Click here for the press release announcing the sale of Cronin Masonry Supply. As with Cronin, […]
Alliance Materials, Inc. of Keller, Texas (www.alliancematerials.com), a holding of Brickstone Development, L.P., has acquired Cronin Masonry Supply, Inc. of Weatherford, Texas. With this acquisition Alliance has positioned itself in the most rapidly growing area of the D/FW Metroplex. Cronin’s history dates back to 1997 when Joe Cronin progressed from being a brick/stone mason to […]
This week we’re celebrating with Founding Partner Ed Kasper and his wife, Janet, on their 50th Anniversary! From the Fort Worth Star-Telegram: Ed and Janet (Socha) Kasper are celebrating their golden wedding anniversary. They met on a blind date in 1960 while Ed was at The University of Texas in Austin and Janet was attending […]
Keeping up with trends in private equity, this article delves into factors affecting today’s market. With regards to the idea that new boutique business brokers and investment bankers prefer to deal with a small group of buyers, Kasper & Associates takes a much different approach. It is our practice to reach out to a […]
Recently I was told to thank my lucky stars that I do business in Texas. I could only agree as I’m sure you do. After years of business inactivity with regards to the selling and buying of companies, we are now experiencing a trend where buyers from across our country and even internationally are focused […]
Rugby Architectural Building Products of Concord, New Hampshire has acquired Walden’s Distributing, Inc. located on Airport Freeway in Fort Worth, Texas. With this acquisition, Rugby now has twenty distribution centers across the country and two locations serving the Dallas/Fort Worth market. Walden’s history in Fort Worth dates back to 1953 when cabinetmaker Marion Walden began […]
According to the Private Equity Growth Capital Council, there are now 2,670 private equity firms headquartered in the United States. As the number of private equity groups (PEG’s) has grown, competition for acquisition targets has also increased. This is good news for business sellers, especially in today’s marketplace where so many PEG’s have excess cash, […]
Kasper & Associates Market Update Best wishes from K&A for a New Year filled with peace and prosperity for you, your family, your business and our country. Although the number of companies for sale is not yet at the level many business buyers would like to see (especially those in other regions specifically seeking opportunities […]