“Niche experience delivers success with a private/public transaction”
Carleton Uniforms is a full service uniform provider specializing in work and dress wear for the Emergency Services sector. The company focuses exclusively on Fire, EMS and Police/Security services uniforms, and by so doing, is able to offer the newest and best products in the market.
The company prides itself on having the highest standards of Customer Service in the business and this has contributed to successful operations for over twenty years.
When Carleton Uniforms began to consider their exit strategy for the business, they wanted an advisory firm who could act as a partner—one who would work with them 1-1 to help find the perfect fit for their future.
Mor-Liquidity applied their experience in selling private companies to public companies. This type of transaction involves a great deal of regulations and required procedures that must be followed.
Over the course of eight months, Chad Morissette worked with the owners of Carleton Uniforms to secure and offer from a preferred buyer. Following an offer from another suitor, the successful acquiring company was Unisync—who was looking to add to their existing platform as part of their acquisition strategy.. There was a mutual fit between the two companies in terms of geography and markets, as well as agreement and synergy amongst the owners.
“As the Chairman of a publicly traded company, I am very involved in our company’s acquisition growth strategy. I have worked with many investment bankers and business advisors throughout my career and my experience with Chad Morissette at Mor-Liquidity was exceptional. I have no hesitation in recommending Chad and the team at Mor-Liquidity for their dedicated focus and expertise in M&A advisory services.”
Douglas F. Good, Executive Chairman, Unisync
“I was referred to Mor-Liquidity by a trusted advisor. Being an experienced high tech finance executive, I grew this business over an 8 year period and determined that I was ready to monetize my years of hard work and investment of time and capital. My philosophy in business is to focus on core competencies and hire or outsource to experts in their respective fields. And that’s why I engaged Mor-Liquidity. Their no nonsense tough love approach was refreshing. We followed their prescriptive best practices which resulted in a very successful outcome. Don’t underestimate the amount of time and knowledge required to achieve a liquidity event”