Deal Closing Announcement: Lake Livingston Overhead Doors
The team at Trailhead Partners is excited to announce the successful sale of Lake Livingston Overhead Doors (LLOD) to a private individual buyer. The husband-and-wife sellers founded LLOD 30 years ago to repair and replace garage doors for residential and commercial customers in their rural community.
The team at Trailhead Partners is excited to announce the successful sale of Lake Livingston Overhead Doors (LLOD) to a private individual buyer. The husband-and-wife sellers founded LLOD 30 years ago to repair and replace garage doors for residential and commercial customers in their rural community.
The retiring founders’ legacy was important, with thousands of customers and hundreds of employees served after three decades in business. Having recently gone through a failed process with another business broker, they felt that they needed to make a change to get the deal done. In this case, the right buyer match was another husband-and-wife team to steward the business for the next 30 years.
A big thank you to Live Oak Bank for financing and Brandon Hurwitz at Underwood Perkins as seller counsel for making this transaction a success.
