Press release | Richter Acted as Exclusive Financial Advisor to Murray Sales (MSC)
Richter Advisory Group Inc. (Richter) acted as exclusive financial advisor to Murray Sales (“MSC”), in the sale of the business to Evriholder Products, a portfolio company of The Edgewater Funds. MSC is a fast-growing Montreal based company that specializes in designing and creating innovative impulse and kitchenware items under the internationally recognized Joie Brand.
The transaction was led by Richter’s Alon Wexler and Ian Weinstein and supported by Mitch Stein, Evgeniya Ososkova, David Stein, Aaron Rosenberger and Andreea Norocel.
Richter would like to congratulate the team at MSC and wish them success in this next chapter of MSC’s storied history.
About Richter
Richter is a boutique advisory firm that specializes in advising business owners, their families, corporate executives and key stakeholders. We provide our clients with comprehensive advisory services in the areas of mergers and acquisitions, valuations, strategy, financial restructurings, accounting, tax and wealth management services.
About Evriholder Products
Evriholder Products, founded in 1995, creates and distributes kitchen, cleaning, pet, storage, and health & beauty products. Evriholder’s products are distributed worldwide under brands such as Kitchen Spaces®, Bamboo Naturals®, Simply Served®, Sophisticlean®, FURemover® and Spongeables®. The combined business will distribute products for the home through over 100,000 retail doors and key e-commerce platforms worldwide.
About The Edgewater Funds
The Edgewater Funds is a Chicago-based private equity firm with over $2.8 billion of capital commitments raised since 2001.