Eagle Tower Capital Acquires Specialty Sales

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September 28, 2018

by a searcher from The University of Chicago - Booth School of Business in 2122 W Le Moyne St, Chicago, IL 60622, USA

I am excited to announce that Eagle Tower Capital has recently acquired Specialty Sales, a wholesale distributor providing a complete package of hoses, tubing, couplings, fittings, clamps, valves and related items to a broad range of industries including: water treatment, agriculture, lawn care, greenhouses, beverage, fuel, and car wash. Specialty Sales is a second-generation family business, founded in 1970 by Stewart Holmes and operated for over 20 years by his daughter, Karen O’Donnell. 


I will be assuming the role of President at Specialty Sales, and I look forward to working alongside Karen as we prepare the company for its next chapter. We have a great team that is fully dedicated to the success of our customers, and I am excited to continue this legacy for decades to come. After the last year of searching for a small business acquisition, I'm confident that Specialty Sales is a fantastic opportunity.  


As we look to grow Specialty Sales, I am interested in expanding my network in the industries we serve, including water treatment, agriculture, lawn care, greenhouses, beverage, fuel, and car wash. As always, I believe that the best source of opportunities is one's own network. If you know someone involved in these industries, or anyone else that you believe would be a good connection to make, please let me know. I very much appreciate any introductions.


Below is my updated contact info:

^redacted

President

Specialty Sales LLC 

(###-###-#### x201 redacted

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Specialty Sales Inc. was represented by Caber Hill Advisors in the transaction. Caber Hill Advisors is committed to working with business owners and CEO's to successfully fulfill their personal and professional legacies, serving small and middle market companies, in very specific verticals, who want to either sell a business or make an acquisition. 

Eagle Tower Capital was represented by Godfrey & Kahn, S.C. and Wipfli LLP in the transaction, with financing provided by Byline Bank.


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Reply by a searcher
from University of Minnesota in Delhi, India
COngratulations Darrin! Was it a straight deal out for sale? If not, could you share your experience on navigating the family dynamics of decision making while buying the business?
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Reply by a professional
from The University of North Carolina at Chapel Hill in Raleigh, NC, USA
Congrats Darrin. I wanted to ask you a question about the diligence process - I'll email you offline. Thx
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