Viking Mergers & Acquisitions of Charlotte, N.C. has just completed the sale of Sci-Cool, Inc. to Norman Island Advisors of Davidson, NC. Sci-Cool is a refrigerated laboratory equipment manufacturer that provides high-performance, energy-efficient refrigerators and freezers to laboratories and the commercial market place. It is located in Asheville, NC.
Greg Ponder, Senior Advisor at Viking Mergers & Acquisitions, represented the sellers on the transaction. Co-owner Art Hawkins comments “Viking Mergers & Acquisitions did a wonderful job. I am amazed that you were able to find a strategic buyer in such a short period of time. “ This is the second business that Greg Ponder and Viking Mergers has sold on Hawkins’ behalf.
Ponder facilitated in all phases of the transaction, and the entire process from Sci-Cool engaging Viking Mergers & Acquisitions to closing on the sale took only 3 months. Details were not disclosed.