BoyarMiller Advises on the Acquisition of Quest Design & Fabrication and Quest Architectural Millwork by UFP Industries
HOUSTON (April 13, 2020) – BoyarMiller provided legal counsel in the acquisition of the operating assets of Houston-based Quest Design & Fabrication LLC and Quest Architectural Millwork LLC by an affiliate of Universal Forest Products, Inc. (NASDAQ: UFPI), which closed on March 13, 2020. Quest Design & Fabrication and Quest Architectural Millwork were led by CEO Jon Deutser, who will continue to run the company.
Based near Houston, Texas, Quest specializes in designing, fabricating and installing premium millwork and case goods for a variety of commercial uses, including builders’ sales centers, design studios, hospitality, corporate offices, and healthcare. In 2019, they had approximately $22 million in sales.
“It was a pleasure working with Bill and his team on the sale of my company,” said Quest CEO Jon Deutser. “They provided sage counsel and expertly navigated me through this challenging process. It was obvious that Bill’s knowledge, experience, and presence commanded respect and equitable responses from the purchaser.”
UFPI is a holding company whose subsidiaries supply wood, wood composite, and other products to three robust markets: retail, construction and industrial. Founded in 1955, UFPI headquarters are in Grand Rapids, Michigan, with affiliates throughout North America, Europe, Asia, and Australia.
The BoyarMiller team included co-founding Shareholder Bill Boyar, and Business Associates Travis L. Johnson, Corinne Sullins, and Adebola Akisanya. GulfStar Group served as the financial advisor to Quest and was led by Managing Director Colt Luedde, along with Vice President Charlie Craig, Associates Jon Sanfelippo and Sarah Wilson, and Analyst MG Jadick.
“We were honored to serve as counsel for Jon and Quest and successfully close this deal amidst all of the uncertainties that surround us at this time. I was particularly proud of the collective dedication, passion, and hard work of my team,” said Bill Boyar.
BoyarMiller is a mid-size Houston-based law firm that advances client business goals by bringing new possibilities into focus with confidence and clarity to achieve extraordinary outcomes. Since 1990, we have been providing practical and smart business solutions. Our firm is comprised of two practice groups—business law and litigation—and we serve multinational companies, middle-market businesses and entrepreneurs in need of collaborative and strategic representation. BoyarMiller continually provides strategic counsel to its clients, working to complete acquisitions, secure financing, and develop the capital structure needed to accomplish their goals. More information about BoyarMiller’s M&A practice is available here. See boyarmiller.com for more information.