Chinook Capital Advisors represents Valley Transformer in acquisition by Sunbelt Solomon Services, a portfolio company of Trilantic Capital Partners
Chinook Capital Advisors, a leading M&A advisory firm serving the needs of Pacific Northwest business owners, acted as the exclusive advisor to Valley Transformer, Inc. in its acquisition by Sunbelt Solomon Services, a portfolio company of Trilantic Capital Partners.
Valley Transformer, based in Otis Orchards, WA, was established in 1980 and is the leading provider of transformer repair and reconditioning services for utilities, public utility districts and commercial customers throughout the Pacific Northwest.
“For over 44 years Valley Transformer has been our family’s lifelong work and passion, and hiring Chinook to help prepare the company for a transition and lead the process was one of the best decisions of my career,” said Kerry Riccardi, President and Owner of Valley Transformer. “They had the marketing expertise to conduct a nationwide search for the right buyer for Valley, and they were able to negotiate extremely fair terms to get the deal closed. The Chinook team made the process headache-free, and they were a pleasure to deal with before, during and after the transaction. I would highly recommend them to other business owners considering a sale of their business.”
“It was a pleasure working with Kerry and his team on this transaction. Valley Transformer is a multi-generation family-owned business, and this will allow the Company’s legacy to continue while providing exciting opportunities for Valley Transformer’s employees along with expanded inventory and services to its customers”, commented Ed Kirk, Co-Founder of Chinook Capital Advisors.
“Sunbelt Solomon is a great fit for Valley Transformer as they now have 18 locations across the U.S., and this strengthens their presence in the Northwest. It will be exciting to watch the company grow”, added John O’Dore, Co-Founder of Chinook.
ABOUT CHINOOK CAPITAL ADVISORS:
Chinook Capital Advisors, based in Kirkland, WA, is a leading M&A advisory firm serving the needs of Pacific Northwest business owners. We help businesses prepare for and execute business ownership transition events.
Our expertise includes sell-side advisory/seller representation services, recapitalizations, advisory board/transaction preparation services, and other services including business valuation and debt advisory. Chinook serves many of the key industries that drive the Pacific Northwest economy, including manufacturing, distribution, business services, technology, healthcare products & services, and consumer products & services.
Chinook Capital Advisors is a member firm of the Alliance of International Corporate Advisors (AICA), a global network of leading middle-market M&A advisory firms that provides clients with local access to buyers, investors, and acquisition targets around the world.
We welcome inquiries from business owners wanting to discuss business valuation, M&A market updates, or how to build value towards a future exit or recapitalization.
