Resolution Equity Partners

View Original

More Than Moss: Transitioning a Family Legacy

For Nancy Smoot, the family business was a labor of love. It was more than just a business; it was a family legacy. She and her husband had been in the floral industry since 1986 and they built Mill Creek Natural, a company that specializes in the gathering and distribution of natural mosses in the foothills of Arkansas, from the ground up. With both wholesale and retail clients including craft store chains, supermarkets, and florists, they always took great pride in their business. Nancy’s husband passed away several years ago and, even though it was a difficult decision, she knew it was time to transition out of the business and move closer to her family. She reached out to REP to for help.

Kyle Martin is an entrepreneur who enjoys unique businesses and was looking for a new investment. Mill Creek seemed like an extraordinary opportunity. Although several potential buyers inquired about it, in the end, he was the perfect match.  

REP worked with Nancy and Kyle to help them navigate the transition, and for Nancy, it was such a relief to find the right people to take over the business she loves and is so proud of.

“Thanks so much for your hard work,” she said. It was perfect. I look forward to working with Kyle. I’m so glad he and his wife were the ones you found to buy my business.”

At REP, we understand that selling your business is an emotional experience and we are committed to being there with you every step of the way. If you have any inquiries or questions regarding your own company’s future, please give us a call at 479-784-9522, or visit our website at www.ResolutionEP.com.