Benchmark International has facilitated the acquisition of FullfillPlus, Inc to The Balwa Group
Benchmark International has successfully facilitated the acquisition of FullfillPlus, Inc to The Balwa Group. Benchmark International worked diligently to find a Buyer that was a good cultural fit for the business.
FulfillPlus, Inc is offers a wide range of fulfillment, warehousing, order processing, kitting, assembly and shipping services tailored to meet their client's exact marketing needs. They are a single source supplier for all services related to delivering client's products to their clients in a timely and cost efficient manner. Centrally located on the Gulf Coast, near the Port of Houston, they are ideally situated to handle large and small clients that manufacture in the United States or import products from as far away as China and India to reach their clients efficiently.
The Balwa Group is a company with investment holdings in diverse market segments including hospitality, real estate development and manufacturing. With a large international presence, the firm was looking to diversify their holdings in both market segment and geography and had a particular interest in the logistics business.
Benchmark International was able to procure for FulfillPlus, Inc a buyer that met their financial goals while also being an ideal cultural fit. Benchmark International corresponded with numerous potential buyers and the owners of FulfillPlus, Inc had several in-person meetings and offers to choose from however once they had the opportunity to meet with the representatives from The Balwa Group, both parties knew immediately that FulfillPlus would be a great fit for both.
Charles Gleason, CEO of FulfillPlus stated, "Michele & I would like to thank you for the great job your entire team did helping us sell our company. We selected Benchmark because of the professionalism shown by all of your representatives as well as the breadth and scope of your company. Your team answered all of our concerns and made us feel comfortable enough to initiate the selling process. You re-affirmed to me that it would be my decision on who we sell to and there is no time limit on finding the right buyer. I was skeptical, but after going through the process, I now know its 100% true. You didn't pressure us to make decisions and focused your efforts on guiding us through the valuation and sales process at our pace. Nowhere along the way did we feel that you were pressuring us for time or a quick decision. "
Benchmark International's Senior Associate, J.P. Santos, commented "The Benchmark International team is ecstatic that Chuck and Michele, the owners of FulfullPlus, chose a buyer that is going to contribute to the continued growth of the company. Chuck and Michele were communicative, responsive and collaborative through the Benchmark 360 process. Ultimately, the transaction will allow for Chuck and Michele to reap the rewards of years of hard work while continuing to focus on the positive trajectory the company is on and enjoy more leisure time. This was a great result and we couldn't be happier for all parties."
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Call Benchmark International today if you are interested in an exit or growth strategy or if you are interested in acquiring.
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Benchmark International's global offices provide business owners in the middle market and lower middle market with creative, value-maximizing solutions for growing and exiting their businesses. To date, Benchmark International has handled engagements in excess of $5B across 30 industries worldwide. With decades of global M&A experience, Benchmark International's deal teams, working from 13 offices across the world, have assisted hundreds of owners achieve their personal objectives and ensure the continued growth of their businesses.
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