Omni W.C. was acquired by Wallquest
Transaction Description
Omni has been a leader in the manufacturing and production of custom wall coverings for over 40 years. Their designs are elegant and modern. They specialize in Laminations, Coatings, Embossing and Printing on woven and non-woven substrates.
Transaction Details
Wallquest Inc.
Wayne, PA
Acquired
Omni W.C., Inc.
A Wall Covering Manufacturer
Edison, NJ
JW&Co advised Omni W.C., Inc.
Transaction Overview
Jackim Woods prepared client for sale, marketing the company for sale, and sourced the buyer. In addition, Jackim Woods played a major role in arranging the transaction and assisting with due diligence.
Challenges
The biggest challenge was a customer concentration issue of the company which ultimately lead to a larger portion of the deal in a seller note and earn out.
Solutions
Due to the customer concentration issue, it took a while to find the right buyer. Jackim Woods advised the seller throughout the process and in the end, the seller achieved their desired outcome.
Summary
Jackim Woods approaches every client based on a holistic philosophy of meeting the client’s objectives personally, professionally, and financially. This approach helped our client with the decision making process, ultimately allowing our client to make a final decision with confidence.
