IT Managed Services Company Sold

Vanguard Resource Group assisted the retiring Seller of this San Diego-based Computer/IT/Managed Services provider in the sale of their decades-old company. VRG was pleased to obtain multiple offers on the business in just a few short weeks. The buyer, a very established Managed Services provider, will now be able to expand their business and offer an array of new services to the existing client base. We wish the Seller a happy retirement and hope that the Buyer has decades of success here in San Diego.

Camino Air Conditioning, Inc. acquires second HVAC Company

Vanguard Resource Group is pleased to announce the sale of n established HVAC contractor to Camino Air Conditioniong, Inc.  The acquisition further expands Camino’s reach within San Diego and allows the seller, an industry veteran,  to retire after decades in the industry. Best wishes to both the buyer and the seller!

Market Leading Marine Service Company Acquired by ValueStreet Equity

Vanguard Resource Group is pleased to announce the sale of a full-service marine services business to ValueStreet Equity Partners.  For confidentiality reasons, we cannot release the name of the acquired company or the size of the transaction.  This was ValueStreet Equity Partners second acquisition of 2020 and we wish them much success with the new company.

Nuyo Frozen Yogurt Franchise Acquired by Investor

Vanguard Resource Group is pleased to announce the sale of Nuyo Frozen Yogurt located in the Eastlake area of San Diego County. This location was acquired by two local physicians and we wish them much-continued success.

Ursack Bear Resistant Bags sold to MMI Textiles

San Diego, CA, United States– Vanguard Resource Group is pleased to announce the successful sale of a Ursack, a leading brand of bear-resistant food storage containers.  Ursack is a well-known manufacturer of specialty food containers known for their strength and lightweight—a key for serious campers and hikers.

Ken Oppeltz, Managing Principal of Vanguard Resource Group, stated “The key and also the challenge to making quality Ursacks was the ability to obtain a consistent supply of Kevlar and Spectra fabric. And that’s exactly why MMI Textiles was such a great buyer. They are second generation, family-owned, fabric company located in Ohio. They knew how to source fabric and also knew the best fabricators to get the product made to proper specifications.” Deal value was in the $1-5MM range.

IT Managed Services company sold to expanding OC company

San Diego, CA, United States-Vanguard Resource Group announces the sale of a 20-year established company specializing in computer repair, network design and installation, and managed services.  Headquartered in San Diego County. Ken Oppeltz, Managing Principal of Vanguard Resource Group stated “With the rise in IT companies offering monthly managed services, we had a substantial amount of interest in this company.  However, the buyer that proved the best fit was an Orange County-based IT company wishing to expand their operations into San Diego County.  We think this was truly a win-win deal for both buyer and seller.”  Deal Value was in the $300,000 to $600,000 range.

Specialty Cutting business sold to industry veteran

San Diego, CA, United States– Vanguard Resource Group is pleased to announce the successful sale of an established specialty waterjet and laser cutting business in San Diego, California.  This company was well equipped and provided close tolerance work for industrial and artistic clients.

“Because of the technical nature of the business, finding a buyer was a bit more complicated. But we identified a buyer with the necessary skill set, and in fact,, they had operated a similar company in Michigan,” stated Don DiSpaltro, Managing Principal of Vanguard Resource Group. Deal value for each store was in the $250-500k range

Construction ICON based in San Diego, established over 40 years, sold to Denver company.

San Diego, CA, United States-Vanguard Resource Group announces the sale of 40+ year old specialty construction company headquartered in San Diego County. William Lange, Managing Principal of Vanguard Resource Group stated “This company had worked on some very well-known projects throughout southern California, Arizona, and Nevada. So the acquisition of this established company by a Denver based company looking to get into the lucrative southern California marketplace, just made sense.”  Deal Value was in the $1-5MM range.

Wireless Component Manufacturer Sold to Private Investor

San Diego, CA, United States– Vanguard Resource Group is pleased to announce the successful sale of a manufacturing and distribution company specializing in the wireless industry.

Ken Oppeltz, Managing Principal of Vanguard Resource Group, stated “After a very long run in the industry, the Seller came to us to find a way to exit the business, but do so in a tax advantaged way.  We worked with the clients CPA and Attorney,, and the Buyer’s counsel and SBA lender,  to structure the transaction that minimized the sellers tax liability ” Deal value was in the $500k-$1MM range.

Recreational product manufacturer sold to Orange County Based group.

San Diego, CA, United States– Vanguard Resource Group is pleased to announce the successful sale of a niche manufacturer of food storage containers.  The seller is a well-known manufacturer of specialty food containers known for their strength and unique design. After starting the business in their garage, the founders grew the business to become a national brand, then decided it was time to retire.

Ken Oppeltz, Managing Principal of Vanguard Resource Group, stated “Originally we targeted industry buyers, thinking that since they already sold product into these same major retailers, they would be the best fit.  We generated lots of interest, a half dozen sold offers from these industry buyers and other private equity groups, but in the end, we found a small group from Orange County that was the best fit.” Deal value was in the $1-5MM range.