The Forbes M+A Group Announces Successful Sale of Colorado Skylight Manufacturer
GREENWOOD VILLAGE, Colo., Nov. 15, 2018 /PRNewswire/ -- The Forbes M+A Group, a leading transaction advisory firm, is pleased to announce the successful acquisition of its client, AIA Industries by Ogdon Ventures.
AIA Industries is a Denver-based manufacturer of residential and commercial skylights, active daylighting systems, skylight replacements, along with plastic fabrications. AIA Industries has served the architectural and construction market since 1977.
Departing AIA Industries CEO Jim Donaldson said, "After meeting Gary Grange with Forbes M+A, I decided to engage and go out to market understanding that they would be able to present the most options and offers than any other group. I am beyond pleased with the choices of partners and valuation ranges I received from the process."
The skylight division focuses on developing high-end architectural daylighting solutions for residential and commercial applications and has a product line of standard, custom, and domed skylights. The plastics division fabricates and vacuum forms plastic, including light fixture lenses, display cases, and point of purchase displays.
Gary Grange, Managing Director at The Forbes M+A Group, provided exclusive sell-side M&A advisory services for this transaction. "With the current changes in the M&A market, AIA Industries could not have chosen a better time to sell. A company with such a solid industry and community reputation, commitment to design and manufacturing excellence, and an experienced design and fabrication team."
Terms of the transaction were not disclosed.
About Ogdon Ventures
Ogdon Ventures is a family run private equity firm with a combined 50 years of experience raising capital to start, acquire, operate and grow companies. Ogdon Ventures seeks to acquire lower middle market companies with positive EBITDA that would benefit from modern digital marketing and business development strategies and automation of operational activities through the use of technology.
About The Forbes M+A Group
The Forbes M+A Group is an award-winning Denver, CO-based mergers and acquisitions advisory firm. The firm has a capital formation group and serves buyers and sellers in middle-market M&A transactions. It applies meticulous attention to detail in helping business owners develop and execute M&A strategy, acquire companies and partner with investor groups for growth to maximize value in an eventual exit. Senior advisors at The Forbes M+A Group have more than 150 years of combined experience in transactions across a wide variety of industries. For more information, please visit: www.forbesma.com or call 303-770-6017.
Media Contact: Max Eckstein +1 (303) 872-9085, [email protected]
SOURCE The Forbes M+A Group
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