GBQ Consulting LLC (“GBQ”) served as the exclusive financial advisor to Worm’s Way’s ESOP trustee in this transaction, providing independent valuation services and rendering an opinion to the ESOP trustee that the transaction was fair to the ESOP from a financial point of view.
Click here to view this message in a browser window.

GBQ Consulting

Chicago, IL

Cincinnati, OH

Columbus, OH

Indianapolis, IN

New York, NY

Philadelphia, PA

 

Worm’s Way, Inc. (“Worm’s Way”), a long-time Indiana-based ESOP-owned company and one of the nation’s leading specialty retailers and distributors of unique garden products used in hydroponic and year-round gardening, recently completed a transaction whereby it was acquired by Sun Capital Partners, Inc., a leading private investment firm.

GBQ Consulting LLC (“GBQ”) served as the exclusive financial advisor to Worm’s Way’s ESOP trustee in this transaction, providing independent valuation services and rendering an opinion to the ESOP trustee that the transaction was fair to the ESOP from a financial point of view.

Worm’s Way had an impressive and distinguished history as an employee-owned company. The employee-owners of Worm’s Way achieved a positive financial result in this transaction, and partnering with Sun Capital positions the company for continued growth and expansion. We congratulate the ESOP owners of Worm’s Way on this transaction. GBQ has now advised on 15 ESOP transactions in the past 18 months.

About GBQ’s Valuation & Financial Opinions Practice

GBQ’s Valuation & Financial Opinions practice is nationally recognized and is among the fastest growing valuation practices in the country. With offices in Chicago, Cincinnati, Columbus, Indianapolis, New York, and Philadelphia, GBQ specializes in the valuation of businesses, business interests, and intangible assets in the contexts of transaction advisory, financial reporting, ESOPs, corporate planning, and shareholder succession planning. GBQ is a nationally recognized authority on ESOPs and has successfully guided many companies through the initial evaluation and implementation of an ESOP, as well as providing ongoing ESOP valuation and transaction services.

To reach someone from the deal team, please contact:

Brian D. Bornino
CPA/ABV, CFA, CBA

Director of Valuation &
Financial
Opinion Services

bbornino@gbq.com
614.947.5212

Joseph R. Borowski
CFA
Director, Valuation &
Financial Opinion Services

jborowski@gbq.com
614.947.5213

Eric B. Dollin

Manager, Valuation &
Financial Opinion Services

edollin@gbq.com
317.423.9306

Copyright © 2016 GBQ Consulting LLC. Our addresses are:

Chicago: 10 South Riverside Plaza, Suite 875, Chicago, IL 60606
Cincinnati: 5086 Wooster Road, Cincinnati, OH 45226
Columbus: 230 West Street, Suite 700, Columbus, OH 43215
Indianapolis:111 Monument Circle, Suite 500, Indianapolis, IN 46204
New York:
100 Park Avenue, Suite 1600, New York, NY 10017
Philadelphia: 1515 Market Street, Suite 802, Philadelphia, PA 19102

If you do not wish to receive future emails, click here.
(You can also send your request to Shelly Bower at the Columbus address above).