Exit Partners Advises brittle-brittle in Sale to Azalea Capital
DESOTO, Texas (PRWEB) July 24, 2023 -- Brittle-brittle manufactures what many consider to be the best old-fashioned hand-dipped peanut brittle available, along with a variety of candy, nut, and snack products. The company was founded in 1988 by Joe Brown and his 3 sons: Jim, Gary and Steve. Staying true to its roots of producing an all-natural product one batch at a time and selling it at a great price, company products are now sold through major mass market retailers coast to coast.
Company President Jim Brown relayed, “When we were introduced, we appreciated Jon’s candid advice and ability to guide us down a road we hadn’t been down before. This company is our family’s legacy and we really cared about the outcome of the sales process to put the company in a strong position to flourish in the future, as well as meet our financial goals. We are delighted to have engaged Exit Partners to find a great partner in Azalea and deliver a successful closing.”
Jon Mueller, Managing Partner at Exit Partners, said, “It is particularly enjoyable to help a family accomplish a goal that is decades in the making; not solely to close a transaction, but also to see that the company has a strong foundation for growth and success in the years ahead. A very sweet deal!”
Exit Partners is an M&A advisory firm based in Plano, TX, providing sell-side, buy-side, and strategic advisory services to well-positioned companies and institutions operating in a number of industries. Its founding partners have advised on the closing of $11 billion in aggregate transaction value.
Azalea Capital is a private investment firm headquartered in Greenville, SC. Azalea partners with entrepreneurs, management teams, and family-owned companies by providing investment capital and operating expertise to enhance the long-term value and growth prospects for each investment.
https://www.azaleacapital.com/
Jon Mueller, Exit Partners, http://www.exitpartners.com, 1 214.295.4754, [email protected]
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