Local glass installation company, All Glass, has officially been sold to a new owner through Viking Mergers & Acquisitions, a middle market M&A firm located in Charlotte, NC. Founded in 1994 by Ray Prewitt, All Glass provides a complete range of custom glass, glass for home and business, auto glass, and emergency services to clients in northwestern North Carolina.
After owning All Glass for 22 years, Ray Prewitt made the decision to sell his business and enlisted the help of Viking Mergers & Acquisitions intermediaries Trevor Crocker, Chris Donaldson and John Arrup to facilitate the deal. “I was searching for a buyer who shared my values and would take care of my team,” says Ray Prewitt. “Viking Mergers did a fantastic job vetting buyers for my business and I could not be more thrilled with the outcome of this deal.” Prewitt continues.
After only a few months on the market, Ted Karre, a local engineer looking to try his hand at entrepreneurship, came forward and made an offer on the business. “I wanted to pursue a new career in small business ownership and All Glass was exactly what I was looking for,” says Ted Karre. Both buyer and seller are very pleased with the deal and look forward to the future of the business. Ted Karre plans to grow the business by expanding on product and service offerings.