Quarton International advises Clio Holdings on its acquisition of Top Master

Tombstone clioholdings master transaction 2016
Overview

Transaction

Clio Holdings, a portfolio company of Oakland Standard and O2 Investment Partners, has acquired Top Master. Quarton International acted as the exclusive financial advisor to Clio in arranging the financing for the transaction.

Based in Kansas City, Kansas, Top Master is the largest fabricator of countertops in the Midwest with six locations, primarily serving the Iowa, Kansas, Missouri and Nebraska markets. Top Master designs, fabricates and installs a line of custom countertop products, including natural stone and solid surface, that are sold in both residential and commercial applications.

Client

Clio Holdings (www.clioholdings.com) was formed to partner with leading regional countertop suppliers and fabricators to provide the capital and operational expertise to upgrade, differentiate and professionalize a highly fragmented industry. Following the acquisition of Solid Surfaces, Clio has a nine-state footprint serving a full spectrum within the countertop industry, from new homebuilders and commercial contractors to kitchen/bath dealers and home improvement centers. Clio is actively seeking new opportunities in major metro areas across the United States.

Based in Kansas City, Kansas, Top Master is the largest fabricator of countertops in the Midwest with six locations, primarily serving the Iowa, Kansas, Missouri and Nebraska markets. Top Master designs, fabricates and installs a line of custom countertop products, including natural stone and solid surface, that are sold in both residential and commercial applications.

Logo Clio

Buyer

Oakland Standard works with current owners and management teams to build long-lasting businesses that are leaders in their industry based on the belief that substantial long-term value appreciation can be created with the right combination of capital and strategic resources. Oakland Standard’s core focus is on industrial businesses with less than $10 million of cash flow that are often overlooked or underappreciated by larger investors and where a hands-on approach can lead to meaningful change.

Logo Oakland Standard

O2 Investment Partners is a Midwestern based private equity firm that seeks to acquire a majority interest in lower middle market manufacturing, niche distribution, and select service and technology businesses. The firm invests in businesses with earnings growth potential and a clear path to the creation of shareholder value.

Logo O2

Contact

Headshot Alexander Schroeder

Alexander
Schroeder

Director
Mergers & Acquisitions, Cowen

+1 248 9884 518
Email

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