CopperSmith® Announces Strategic Acquisition Strategy
WorldCopperSmith.com, a leading crafter of well-designed metal products, announces its acquisition strategy to increase its competitive edge and provide more value to its custom metalwork platform. The company aims to target profitable manufacturers, distributors, and specialty brands with key synergies.
MINNEAPOLIS, September 2, 2021 (Newswire.com) - Ultimately, production capacity in the hand-crafted, luxury space is a challenge that will require lots of partnerships. As the platform continues to scale, these acquisitions will leapfrog the company's efforts.
The company started talks with interested sellers in 2020 and is continuing to cultivate those relationships as it moves closer to completing meaningful acquisitions in 2022.
"We are looking at established players with significant production capacity in North America. We will continue to source globally and maintain our current relationships which are essential to meet the continued demand," said CopperSmith Founder and President, Ryan Grambart.
The initiative is being spearheaded in unison by vice president and managing partner Brandon Jorgensen, alongside Grambart. Prior to becoming a partner at CopperSmith Jorgensen managed the business valuation practice at a national CPA firm. In that capacity he advised and consulted businesses across a spectrum of industries with entity values ranging from $50,000 to $1 billion. He obtained a Bachelor of Science degree in Accounting, holds a CPA license and two internationally recognized business valuation credentials.
About World CopperSmith
Founded in 2009 and headquartered in Minneapolis, World CopperSmith's vision is to build the world's leading custom metalwork platform. It aims to provide the world's best shopping experience of custom metal products through superior design, innovation, and strategic partnership. For more information, visit www.worldcoppersmith.com.
Source: World CopperSmith, Inc.