Nashville, TN-based business doorways and {hardware} distributor Agape Gross sales & Service has been acquired by Agape Holdings One, in response to M&A advisory agency Generational Group.
The transaction closed July 1 and was introduced July 21. Monetary phrases weren’t disclosed. Generational Group suggested Agape Gross sales & Service on the sale.
Agape Gross sales & Service distributes and installs business doorways, frames, architectural {hardware} and associated constructing merchandise for contractors, architects and facility house owners. Its personalized options help new development, renovation and retrofit initiatives throughout well being care, schooling, industrial and distribution amenities.
The family-operated firm does enterprise underneath the company identify Fairway Provide of Tennessee and says its group has greater than 90 years of expertise within the business door trade. Its broader product providing contains business doorways, frames, {hardware}, partitions and equipment.
Agape Holdings One is a Brentwood, TN-based development firm that gives business constructing options from pre-construction planning by venture completion. The corporate works with house owners, architects and subcontractors and focuses on development craftsmanship, venture administration and on-time supply.
Generational Group Senior Managing Director Cory Strickland mentioned Agape Gross sales & Service was based by trade veteran Ron Sparrow Sr., who was later joined by his son, Ron Sparrow Jr. He added that patrons Dan and Rachel Lester are positioned to hold ahead the Sparrow household’s legacy.
“This transaction displays the worth of discovering the appropriate strategic match,” Generational Group CEO Ryan Binkley mentioned. “We respect the belief our consumer positioned in our group and are assured this partnership will help the corporate’s subsequent chapter whereas constructing on the robust basis already in place.”
