BENCHMARK INTERNATIONAL COMPLETES SALE OF CHARRON SPORTS SERVICES, INC. TO CORVUS INDUSTRIES, LTD., D/B/A BR BLEACHERS AND D/B/A FACILI-SERV
Benchmark International has successfully negotiated the sale of Charron Sports Services, Inc. (“Charron”) to Corvus Industries, LTD. (“Corvus”).
Based in Liberty, South Carolina, Charron is an industry leader in the installation, maintenance and restoration of aluminum bleachers, telescoping bleachers (gymnasium bleachers) and other seating. The company’s other offerings include basketball backstops and other various gym equipment items.
Since 1991, Charron has been committed to providing reliable and dependable bleacher repair services to some of the Southeast’s largest schools systems. Since inception, the company has grown from a small family business to a profitable venture. The company’s technical knowledge, experienced staff, and professionalism not only ensure client retention, but foster additional growth opportunities within the industry.
With operations dating back to 1973, Corvus is recognized nationally as a major player in the bleacher repair and maintenance space. Bleachers are considered a great liability for institutions, and Corvus has been dedicated to ensuring that bleachers are safe and current with the latest safety codes. Today, Corvus industries is further expanding its geographic presence with the strategic acquisition of Charron Sports.
Tyrus O’Neill, Director at Benchmark International, stated, “It was a pleasure to represent Charron Sports in this transaction, and on behalf of Benchmark International, we are extremely pleased with the outcome. Allowing both the seller and acquirer to prosper and benefit is always an ideal end result.”
Senior Associate, Trevor Talkie, added, “We have really enjoyed working with our client, Maury Purcell, and bringing to the table a company that very closely represents Charron’s ideal candidate in terms of corporate culture and values. Overall, this has been a thoroughly satisfying experience and we wish both parties the best of luck moving forward.”
President and Founder of Charron Sports, Maury Purcell, stated, “Benchmark International played an instrumental role in facilitating a transaction quickly and fairly. I would like to thank the Benchmark International transaction team for the extraordinary effort in representing Charron Sports in this deal. We strongly feel this end result could not have been achieved without the help of each member there.”
ABOUT BENCHMARK INTERNATIONAL
Benchmark International’s global offices provide business owners in the middle market and lower middle market with creative, value-maximizing solutions for growing and exiting their businesses. To date, Benchmark International has handled engagements in excess of $5B across 30 industries worldwide. With decades of global M&A experience, Benchmark International’s deal teams, working from 13 offices across the world, have assisted hundreds of owners achieve their personal objectives and ensure the continued growth of their businesses.
We are ready when you are.