Monday, May 17, 2010

Announcing the Sale of California Based Niche Plumbing Company


Plethora Businesses announces the sale of a niche plumbing company based in Southern California.

The company supplies, replaces, repairs and maintains boilers and water-heating equipment. Founded by Richard Debin in 1974, the company has remained a family-owned operation, priding itself in providing exemplary customer service, honesty, fairness, and some of the most highly trained service technicians in Southern California.

Existing manager, Daniel Debin, purchased the company and continues to operate it out of their Corona facility. As president, Debin plans to continue his family's successful legacy and promote the growth of the company.

To complete the ownership transfer, Plethora completed a company valuation and secured multiple offers from qualified prospects. When the owner decided he would prefer to keep the business within the family, Plethora continued to advise and facilitate the intergenerational transfer.

Plethora Businesses
is Southern California's leading M&A firm specializing in business sales, mergers, acquisitions and valuations. Offering senior level attention from start to finish, Plethora is dedicated to developing creative solutions to achieve clients M&A objectives.

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