Murphy Business Markham Advises Art Source Inc. on their
Acquisition by Streamline Art & Frame
Art Source Sale
Murphy Business Markham Ltd. and 4Growth Inc. is pleased to announce the recent acquisition of Fenninger Holdings (Art Source) by Streamline Art & Frame. Murphy acted as the exclusive advisers to Art Source. (Transaction details are confidential).
Art Source built and managed a wholesale art publishing, distribution and art framing business over the past 30 years. Various offering of the business were: publishing of art on canvas / paper; distribution of art to trade; creation of custom art for the trade; photoshop work for artists; custom publishing of art projects. They were able to differentiate themselves by marketing and selling their business through 3rd party Designers and Decorators who managed large scale projects.
Art Source engaged Murphy Business to assist their owners in seeking a strategic acquirer. We managed and assisted Art Source's management team in all aspects of the project, including preparation, marketing, presentations, and negotiations. We utilized our proven processes and best-practices along with our online marketing systems to help Art Source's shareholders successfully achieve their goals in a realistic timeline (just under 8 months from introduction to completion).
New Opportunities
There continues to be accelerated consolidation as baby boomer entrepreneurs prepare their businesses for succession within the Canadian market. As a result of this successful project, we are aware of a number of well-financed and qualified buyers who are actively looking for acquisitions and want to be made aware of other clients we bring forward.
Should your shareholders have a curiosity about the current market, valuations and their strategic options, we would welcome the opportunity to have a candid and confidential conversation. We look forward to speaking with you.
Murphy Business Network Ltd. and 4Growth Inc.
Murphy Business Network is a leader in advising the SME (Small to Medium Enterprise) companies between $1 - 20M on their Sale, Divestitures, Mergers and Acquisitions within the North American market. If the business isn't ready yet for a sale, our partner company, 4Growth can assist in business management to achieve growth objectives.
For more information please visit our website: www.murphybusiness.ca/markham or www.4growth.ca or contact Gary Collins. email: g.collins@murphybusiness.ca, phone: 905-754-2100 x21