Successful Husband-and-Wife Concrete Business Acquired for Long-Term Growth

From One Family to Another: The Acquisition of a Concrete Business on Florida's West Coast

In a significant event for the local business community, a successful concrete and masonry business owned by a husband-and-wife team on Florida's West Coast has been acquired by another husband-and-wife entrepreneurial duo. This acquisition, facilitated by Viking Mergers & Acquisitions, is expected to foster long-term growth and strengthen community ties in the region.

A Legacy of Success

The founding couple, who have spent their lives nurturing this business, transformed it into a prominent operation serving various commercial clients throughout Southwest Florida. As their portfolio expanded and personal commitments grew, they decided it was time for a transition, allowing them to step back from full-time responsibilities while still contributing strategically. In their search for a suitable buyer, they found another husband-and-wife team that shares their entrepreneurial spirit and values.

The buyers, seasoned entrepreneurs with a history of running multiple service-oriented businesses, bring a wealth of operational experience and a commitment to people-first leadership. They view this acquisition as a valuable addition to their existing portfolio, positioning the concrete business for further success.

A Supportive Transition

Christian Aunspaugh and Jacob Middleton from Viking Mergers played crucial roles in structuring the deal to align with the aspirations of both parties. The engagement emphasized the importance of community continuity, ensuring that the legacy of the previous owners remains intact. While the sellers will take on a supportive role, they will continue to provide valuable insights into client relationships, team development, and strategic growth initiatives.

Statement of Appreciation

One of the sellers expressed gratitude towards the Viking Mergers team, saying, “I really appreciate you all navigating the nuances of the deal and accomplishing our end goal.” This sentiment reflects the high level of satisfaction with the support provided during this transition.

Aunspaugh from Viking Mergers remarked, “Helping a local family-owned business find another family that will care for the business, employees, and future growth is always rewarding.” His statement underscores the firm's commitment to ensuring that local businesses continue to thrive and contribute positively to community development.

About Viking Mergers and Acquisitions

Viking Mergers & Acquisitions operates from Tampa and specializes in providing merger and acquisition services to small and middle-market businesses. Since its inception in 1996, Viking has successfully sold over 900 businesses, boasting an impressive 85% closing rate at an average of 96% of market value. The firm is recognized as one of the leading business brokerage firms in the southeastern United States.

For those interested in learning more or seeking a business valuation, further information can be found at Viking Mergers.

This successful acquisition not only highlights the enduring spirit of small businesses but also sets a precedent for community-driven growth and development in the Florida area. As the new owners prepare to embark on this exciting journey, they carry forward a legacy built on dedication, hard work, and a deep-rooted commitment to the community.