Company Name: California Closets Franchise for Quebec and Ottawa
Services: Business Sale
Date: March 2025
EC2 Finance | California Closets Franchise for Quebec and Ottawa
California Closets offers high-quality, custom storage solutions for the entire home. The franchisor, California Closets, is part of FirstService Corporation, a Canadian public company listed on the Toronto Stock Exchange (TSX: FSV). The franchise has been established in Quebec and Ottawa for nearly 35 years. Ms. Lianne Levy is its owner and leader.
Website: www.californiaclosets.ca
Head Office: Montreal, Quebec
To support this sale process, the company’s founder, Ms. Lianne Levy, engaged EC2, relying on several key services:
- Definition of the sale strategy and identification of potential buyers
- Preparation of documentation (Teaser, NDA, CIM) securely and confidentially shared within our virtual vault
- Strategic outreach to potential buyers, negotiation, and obtaining letters of intent
- Negotiation, supervision, and coordination of due diligence with the buyer’s advisors following the signing of a compliant offer letter
- Coordination of the transaction with the professionals involved, such as accountants, tax specialists, and lawyers