Lakin Enterprises Professional Builders | SALE

 In
Engagement
Sale

Frontier’s client sold to a strategic acquirer, Oppliger Banking Systems


CLIENT

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.

SITUATION

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.

RESULTS

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.

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