Tampa, FL, April 19, 2018 --(PR.com
)-- Benchmark International is delighted to announce the acquisition of Builder Security Group is complete. Benchmark International, as the sale-side representative, was able to bring an ideal buyer to the table to close this sale.
The closing of the Builder Security Group acquisition marks the tenth US deal completion for Benchmark International in 2018. Benchmark International's Global CEO, Gregory Jackson, stated, "This record-setting quarter looks to end on a high note, and quarter two is moving with great momentum as well."
Builder Security Group is a security installation and monitoring company located in San Antonio and Austin, Texas. It is an all-in-one resource for all finishing touches that go along with a new home, from security products and monitoring to home theater systems and networking. Its experience and reputation, along with the vast selection of products and services it offers, has helped Builder Security Group form a reputation in San Antonio and the surrounding areas as a premiere outlet for homeowner and homebuilder needs.
Builder Security Group was acquired by a buyer seeking to spread its national footprint, specifically its expansion in to the state of Texas. Builder Security Group will continue its business in security products and monitoring.
Managing Director, Kendall Stafford stated, “The team and I enjoyed working with BSG [Builder Security Group]. We were fortunate that there were many options in the market and that BSG was able to choose a party that could provide it with a tax advantageous structure for a high multiple. The negotiations ended in a win-win for all parties.”
Clinton Johnston, Managing Director at Benchmark International's US Headquarters, explained the quarter's feats in more detail. "This year we've closed US transactions with private and public trade buyers, high net worth individuals, private equity funds, and management buyout teams," he said. "This continuing broad, but fairly standard, mix of buyers bodes well for the near-term market. In this case, the need establish a presence in the looming Texas markets drove value for this particular buyer and allowed us to negotiate for very favorable deal terms in areas of high importance for our client. We are seeing this as an exploding trend in the Lone Star State."
About Benchmark International
Benchmark International’s global offices provide business owners in the middle market and lower middle market with creative, value-maximizing solutions for growing and exiting their businesses. To date, Benchmark International has handled engagements in excess of $5B across 30 industries worldwide. With decades of global M&A experience, Benchmark International’s deal teams, working from 13 offices across the world, have assisted hundreds of owners achieve their personal objectives and ensure the continued growth of their businesses.