Overview
Amundsen Davis facilitated a stock sale and purchase transaction for our client, a family-owned distributor of building products in the upper Midwest. The transaction involved selling all the issued and outstanding shares of our client's capital stock to a portfolio company of a Texas-based private equity firm for $200 million. The firm was acquiring building product distributors across the U.S. in anticipation of going public. Two of the company's senior executives invested a portion of their proceeds in the equity.