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.