Generational Equity Advises Perfection Custom Closets in its Sale to Kambium
By Generational Equity
06/29/2022
Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Perfection Custom Closets, to Kambium, Inc. The transaction closed on May 31, 2022.
Located in Niles, Illinois, Perfection Custom Closets (PCC) is a leading custom closets company in the Chicago area. PCC provides custom storage solutions and other interior home services for patrons in the area. PCC’s unique, premium-quality closets are imagined and then created with precision and care by the Company’s team of designers and workers. PCC is proud to have served the Chicagoland area for 20 years offering beautiful custom and locally made storage solutions.
Kambium, located in Lakeville, Minnesota, is a leading manufacturer and wholesaler of closets & home storage cabinetry, store display fixtures, custom casework and commercial cabinetry. The Company’s core values are: Respect, customer focus, continuous improvement, humility, and teamwork.
Generational Equity Executive Managing Director of M&A – Central Region, Michael Goss, and his team, led by Senior M&A Advisor, Prasad Karcherla, with the support of Vice President, M&A, Madison Buckley, successfully closed the transaction. Senior Managing Director Brian Hendershot established the initial relationship with PCC.
“This transaction was a perfect strategic fit for both the companies, and I foresee a great future for both the companies post-close,” said Karcherla.
About Generational
Generational Group, headquartered in Dallas, is a leading, award winning, full-service M&A advisory firm. With more than 350 professionals located throughout 16 offices in North America, the company helps business owners release their business’ wealth by providing growth consulting, merger, acquisition, and wealth management services. The Generational suite of advisory services includes strategic growth consulting, exit planning education, business valuation, value enhancement strategies, M&A services, digital services, and wealth management.
The M&A Advisor named Generational Group Investment Banking Firm of the Year in 2016, 2017, 2018, 2022 & 2024. They also awarded us Valuation Firm of the Year and M&A Consulting Firm of the Year in 2022 and 2023. For more information, visit: https://www.generational.com.