Small Business Deal Advisors is pleased to announce the acquisition of The Shade Shop, Inc. of Grand Rapids, MI to an individual investor!
Founded in 1935, The Shade Shop is a well-established window covering retailer that sells and installs custom made Hunter Douglas window coverings and soft treatments. The Company provides its clients with everything from standard operating options to the latest in power & automation technology. The types of window coverings available for purchase include horizontal blinds, vertical blinds, roman shades, sheer shadings, woven woods, plantation shutters, and motorized blinds and shades.
The Shade Shop is a family-owned business that has been a part of the Grand Rapids community for over 85 years. The third-generation owners of The Shade Shop, Barry and Susan McKey took over the business in 2000. The couple have worked together to run The Shade Shop for over 20 years. Ready to transition into retirement, Barry and Susan engaged Small Business Deal Advisors to assist in the sale of the Company.
Barry McKey stated, “We decided to work with Small Business Deal Advisors in order to find the right person to continue the Company’s local legacy. Scott was very helpful throughout the acquisition process. Wes is well-suited to take over the Company and we look forward to seeing The Shade Shop’s continued growth and success.”
The Shade Shop was acquired by Wes & Aimee Muller. Wes is the owner of Mullers Paint & Design Co. of Caledonia, MI, another local, family-owned business. He will be using his business experience and familiarity of the Hunter Douglas brand to successfully take over The Shade Shop.
“We first became interested in The Shade Shop because of its strong roots within the Grand Rapids community. Barry and Susan have done a fantastic job of running the Company over the last two decades. The Shade Shop has been a well-recognized Hunter Douglas Gallery in the Grand Rapids area, and we look forward to carrying on their legacy,” said Wes & Aimee Muller.
Scott Nicholson, Mergers & Acquisitions Advisor at Small Business Deal Advisors, was the lead advisor on the transaction. He worked closely with Barry and Susan to find the next successor for The Shade Shop.
“I’m happy to have helped Barry and Susan find a well-qualified owner for the business. They can now enter their well-deserved retirement after many years of successfully running The Shade Shop,” stated Scott Nicholson.
Small Business Deal Advisors advised The Shade Shop, Inc. on the sale through the development of marketing materials, comprehensive marketing of the acquisition opportunity, and consulting through the negotiation, due diligence, and closing periods.
The terms of the transaction were not disclosed.