Transitioning a Successful Manufacturing Business

Entrepreneurs Steve DeLassus and Rick Ralston have owned and operated several small businesses over the years. One of those businesses is Magnaform Corporation, which mainly serves the poultry industry throughout the mid- south by manufacturing portion-controlled trays. They had improved the business and were ready to sell it and focus on other endeavors. So, after working with the team on a previous deal they felt like, REP was perfect to help with this transition. After completing an analysis on the business, we were able to help them find a buyer and guide them through the process of selling it from start to finish.

The buyer, Stuart Leonard, is also an entrepreneur. His background is in manufacturing and sales, and he wanted to own and operate his own small business. It was the perfect match, and we were honored to be able to help them through the process.

If you’re thinking about selling your business in the next 2-3 years, we would love to help you too. Connect with us to schedule a confidential meeting by submitting your information below or email mark.kincannon@resolutionep.com.