Lakin Enterprises Professional Builders | SALE
Frontier’s client sold to a strategic acquirer, Oppliger Banking Systems
Lakin d/b/a Professional Builders (Lakin) is a construction management firm that specializes in retail interior construction or tenant infill, principally for national chains of apparel retailers, such as Nike, Limited Brands, and Abercrombie & Fitch, among others.
The owner of Lakin was seeking a successful transition out of the business. The key issues for the owner were a solid valuation given the cyclical nature of the industry and the ability for the owner to phase out active participation in the business as quickly as possible.
Frontier, through a targeted marketing and sale process to strategic, financial and entrepreneurial buyers, fostered a competitive environment that ultimately achieved an attractive price and structure that met the client’s objectives.