Raymond Chabot Grant Thornton’s Corporate Finance team is pleased to announce the successful sale of Distinctive Appliances Distributing inc.
Headquartered in Wixom, Michigan, Distinctive Appliances Distributing inc. (DAD) is an American high-end indoor and outdoor appliance distribution company. DAD takes pride in matching innovation, performance, and sophisticated style. Distinctive Appliances Distributing, Inc. is also known for distributing a diverse portfolio of prestige products throughout the US market and also for outstanding customer service.
DAD proudly offers the most respected and reliable brands in the premium home appliance sector, anchored by a showroom and warehouse located in Wixom, Michigan.
Over the past few years, Distinctive Appliances Distributing, Inc. has experienced tremendous growth, led by Michael Benoit, the President and Founder, expanded the product line to include Azure, Bertazzoni, Clementi, Coyote Outdoor Living, Fhiaba, Fulgor Milano, Hestan Home, Vent-A-Hood & Zephyr. Serving independent retailers as well as regional chains and select national chains, DAD also supports trade partners such as designers, architects, and builders.
“Yasser and the experienced Raymond Chabot Grant Thornton team added significant value to the entire transaction process” states Michel Benoit, President & Founder, Distinctive Appliances Distributing Inc. “The deal team was proactive, collaborative and were able to structure the appropriate deal and ensured that I maximized the value of my company.”
Distinctive Appliances Distributing Inc. is acquired by Milestone Distributors
To learn more about how Raymond Chabot Grant Thornton can help meet the needs of your business, please contact our deal team.
About Raymond Chabot Grant Thornton
Our leading mid-market focused corporate finance advisory team provides sector-specific advice on mergers, acquisitions and divestitures, debt and equity capital markets.
We bring deep industry knowledge to each transaction to support our clients’ corporate finance strategies and priorities.
Raymond Chabot Grant Thornton has a team of over 2,700 professionals. As a member firm of the Grant Thornton International network, the firm has a presence in nearly 140 countries and a workforce of more than 58,200 employees who offer real knowledge, an innovative perspective and the agility needed to keep clients moving forward.
16 Nov 2021 | Written by :