A. Richard Ltd., a family business which was founded in 1890 and is based in Berthierville, QC, was recently acquired by Hyde Tools Inc. of Massachusetts, USA. Richard produces and distributes hand tools for the paint, drywall, flooring, masonry and industrial knife markets. Richard and Hyde dominate their respective markets in Canada and the United States.
Goulet Consultants acted as A. Richard Ltd.’s exclusive financial advisor in structuring and negotiating this strategic sale.
« Goulet Consultants managed to sell the benefits of our business very effectively, which increased the value of our transaction. We particularly appreciated their continuous involvement and timely interventions throughout the sales process. »