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.

Chain of 3 UPS Store Franchises sold to three individual owner/operators

San Diego, CA, United States– Vanguard Resource Group is pleased to announce the successful sale of a three separate locations of the popular UPS Store franchise.  All three stores were owned by a single seller who had relocated to Arizona and wanted to divest their California holdings.

“We had a lot of interest, but we were able to identify three outstanding owner/operators who were pursuing the dream of small business ownership, and who wanted the strength and support of the UPS brand” stated Ken Oppeltz, Managing Principal of Vanguard Resource Group. Deal value for each store was in the $100-500k range.

VRG closes sale of trailer dealership

San Diego, CA, United States– Vanguard Resource Group is pleased to announce the successful sale of a prominent southern California trailer dealership. Vanguard Resource Group represented both the buyer and seller in the transaction.

The seller is a well-known retailer of utility, horse, construction, and specialty trailers serving all of southern California and much of the Southwest. With a strong reputation and over 20 years in business, the company generated interest from multiple investors. However, given the uniqueness of the business, the seller was searching for a buyer with some related experience that could take the business to the next level.

Ken Oppeltz, Managing Principal of Vanguard Resource Group, stated “Because of the strong financial results, the company generated a lot of interest. But we were able to identify a buyer with vehicle dealership experience, both in operations and in sales management. Since the seller owned the real estate and would be the buyer’s new landlord, it was important to find just the right buyer. We think this deal was a win-win for both parties”

VRG assists local law firm with appraisal

San Diego, CA, United States– Vanguard Resource Group, a full service business brokerage and appraisal firm, recently performed an appraisal for a prominent local law firm.

The law firm, which prefers not to be identified, needed a second opinion of value for a business that was part of a divorce mediation.

“We were asked if we could do a quick valuation and have it ready for their mediation the following week” stated Ken Oppeltz, Managing Principal of Vanguard Resource Group.  “While we typically need a bit more time, we value our relationships with our attorney and CPA partners, so did what we needed to do, and provided the valuation two days prior to their mediation.”

VRG assists buyers, sellers, CPA’s, Attorney’s, and other advisors identify the value of privately held companies. VRG can perform quick and inexpensive Market Data Comparable & Most Probable Selling Price Reports.

VRG completes sale of Cal’s Auto to industry buyer

Escondido, CA, United States– Vanguard Resource Group, a full service business brokerage and appraisal firm, recently facilitated the sale of a local auto repair facility to an industry buyer.

Cal’s Auto, based in Escondido California, had a great reputation in the north San Diego inland area. But Cal was looking to retire and had tried unsuccessfully to sell his company on his own. Cal just happened to ask a local real estate agent if she knew of any business broker, she did, and the introduction to VRG was made.

“Cal’s facility was top notch, but Cal was retiring, so we knew we needed to find a buyer experienced in auto repair” stated Dave Haug, Senior Associate of Vanguard Resource Group.

Vanguard Resource Group, through its marketing effort and relationships with other professional business brokers, identified an industry veteran looking to expand.  He loved the facility, the reputation, and VRG closed the transaction from start to finish in just three months.