Viking Mergers & Acquisitions Successfully Completes the Sale of Cool Renewal Spa
Cool Renewal Spa, a Med Spa providing body sculpting treatments to clients in Charlotte and Mooresville, North Carolina, has been sold by way of Viking Mergers & Acquisitions, a well-known M&A firm serving clients in the Southeast. The previous owner of Cool Renewal Spa, John Keen, sold the business with hopes of finding an ideal buyer to take over the company. Cool Renewal Spa is the largest and most successful CoolSculpting franchise in the Carolinas. Keen is a serial entrepreneur and has owned a number of other companies prior to owning Cool Renewal Spa.
Keen knew that it was the perfect time to find a buyer in such a growing market. The sale was completed by Greg White, senior advisor at Viking Mergers & Acquisitions. Cool Renewal Spa received a large amount of interest and was on the market for a very short period before being acquired. “From the minute we sat down to discuss the possibility until the wire cleared, Greg was extremely focused and meticulous. He anticipated every potential hurdle and made sure both the buyer and I were ready for any speed bumps. I appreciate Viking’s dedication to helping us “get over the goal line,” says Keen. Keen plans to continue pursuing other business endeavors.
About Viking Mergers & Acquisitions
Founded in 1996 by Brad and Jay Offerdahl, Viking Mergers & Acquisitions was established with the vision of providing customized exit strategies and M&A mitigation to middle market business owners. Since their inception, Viking Mergers & Acquisitions has sold over 500 businesses across the Southeast. Their intermediaries have hundreds of years of collective experience in business transactions and nearly 75% have owned a business of their own. Viking proudly boasts a closing rate that is 3x the national average and businesses that sell for 96% of their asking price.
To learn more about Viking Mergers & Acquisitions, please contact their office today at (704) 676-0940, or visit their website to see active business listings or request a valuation for your business.