Caswell Advisory Group Advises Morrell’s Hardware on its Acquisition by Ware-Butler Building Supply
has been acquired by
Morrell’s Hardware, owned by John Morrell, has served the Moosehead Lakes Region of Maine since the 1950s, though the business had been operated as a hardware store, and previously a lumber yard, in the current location for over 100 years. Established in 1925, Ware-Butler Building Supply operates 15 locations throughout Maine and employs nearly 700 people state-wide. This transaction is the successful culmination of an initiative led by the Caswell Advisory Group of Portland, Maine.
Caswell Advisory Group provides M&A advisory services for client businesses throughout New England and beyond, with transaction values between $3M and $15M. CAG develops customized marketing plans and works with the full spectrum of potential acquirers, including strategic buyers, private equity groups and family offices, qualified search funds, fundless sponsors, and owner-operator buyers.
For additional information contact:
Greg Caswell, 207.831.8487, gcaswell@caswelladvisorygroup.com