Paint and related product retailer operating from 10 locations in the Chicago metro area.

Fort Dearborn researched over 150 potential acquirers.

–Prepared a comprehensive confidential information memorandum that described the Company’s product/service offering and leading market position;

–Contacted 100 potential acquirers;

–Received 8 initial indications of interest;

–Hosted 6 management visits; and

–Received multiple letters of intent.

Remarketed the Company after soft earnings no longer supported the seller’s valuation expectations.

Final price and terms exceeded sellers’ expectations.

Sold to a strategic buyer, Duron Paints & Wallcoverings.

Broad and aggressive marketing resulted in multiple alternatives from which to choose.

Fort Dearborn’s perseverance led to a deal with a buyer that initially passed on the opportunity.

Fort Dearborn introduced financing sources to the buyer, which ultimately supported a valuation in excess of the  industry buyer valuation.

The sale process concluded with minimal business disruption.