Phoenix assists a family-owned manufacturer of metal cabinets in opening new channels of distribution and evaluating potential acquisition candidates.
Phoenix’s client was a $30 million family-owned manufacturer of Metal Filing Cabinets based in Delaware.
Because of its limited product line, product maturity, and substantial customer concentration, the Company was experiencing lackluster performance.
Phoenix Management Services assisted the Company in opening new channels of distribution, allowing the Company to market to customers who were less price-sensitive than its historical big box retailing customers. Phoenix also assisted the Company in the due diligence process of evaluating potential acquisition candidates.
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