December 28, 2022 – Blue River Financial Group has advised Unisan, a global provider of janitorial supplies, warehouse supplies, and safety equipment for businesses and organizations at a regional and local level, on its recent sale to Acorn Distributors.
Unisan has been a leader in facility management, helping clients create healthier and safer working environments since 1993. The company provides janitorial supplies, cleaning supplies, floor cleaning machines, breakroom supplies, floormats, warehouse supplies, shelving, carts, storage bins, and safety equipment.
Founded in 1976 as a small restaurant supply company, Acorn Distributors quickly became a major distributor to all types of customers: hotels and motels, hospitals and nursing homes, industrial and retail accounts, government agencies, school districts and universities, and restaurants. Their product line also expanded to include janitorial product supplies and food service. Years of providing excellent customer service, quality product lines at competitive prices, and the cultivation of a strong team of employees has given Acorn Distributors a solid foundation for ongoing growth.
Evan Haigh, Blue River’s Vice President shared, “Blue River conducted a thorough analysis of the business, industry, and potential acquirers. Then, in collaboration with Unisan’s owners, we developed and executed a detailed sales strategy. Acorn’s owners and management distinguished themselves as outstanding people with a culture that aligned with Unisan.”
“We really appreciate Blue River’s help & input through the whole process of selling our company, from the initial analysis & set-up of the marketing materials promoting Unisan, securing a buyer that was a perfect fit, and working through due diligence to final closing. We worked with Evan Haigh, he was very helpful & professional at all times in communication with the buyers, giving us confidence in a journey which was definitely uncharted waters for us!” said Joanna White, Unisan Owner.
William Loftis, Blue River’s Managing Partner, stated, “The best transactions are those that are good for all parties at the time of closing and endure for years after. In this case, we had high-integrity people on both sides of the transaction. Consequently, we have every confidence that Acorn will build on Unisan’s successful foundation and deliver outstanding products and services to customers over the long-haul.”
Contact
Thomas Hagan
Managing Director
thagan@goblueriver.com
About Blue River
Blue River Financial Group is a middle market merger and acquisition advisory firm headquartered in Bloomfield Hills, Michigan. It assists corporations, private equity groups and individuals in the sale and acquisition of businesses, and has completed assignments in multiple business segments. With over 20 years of experience spanning across 50 global industries, Blue River provides a suite of services to middle market clients including corporate development, private equity support, valuations and transaction consulting, placing a premium on relationship-centered transaction counsel and client focus.
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