Driving New Growth in South Carolina and Savannah Real Estate Markets
Ridgewood, NJ – The DAK Group, a leading investment bank specializing in middle-market mergers and acquisitions, announced the sale of its client Coastal Properties, a premier real estate company based in South Carolina, to Howard Hanna Allen Tate Real Estate, the nation’s #1 family-owned and operated independent real estate firm.
The DAK Group designed and executed a highly competitive divestiture process, engaging multiple potential buyers to maximize value for ownership. Through this process, Howard Hanna Allen Tate Real Estate emerged as the ideal partner, offering both strategic and cultural alignment along with growth opportunities. As the exclusive investment banker and financial advisor to Coastal Properties, The DAK Group guided throughout the sale process. In addition, Nelson Mullins Riley & Scarborough LLP served as legal counsel to Coastal Properties.
“Coastal Properties is an exceptional business with a strong market position, family values, and deep client loyalty—making it an ideal strategic fit for Howard Hanna Allen Tate Real Estate,” said Kevin Wilson, Principal at The DAK Group, who led the transaction with assistance from Matthew Wisneski, Associate and Korin Jeter, Marketing & Banking Specialist
The transaction builds on Coastal Properties’ leadership in the Lowcountry real estate market, with offices in Hilton Head, Bluffton, Okatie, Beaufort, South Carolina and Savannah, GA. Ranked among the top three firms in the region, Coastal Properties has earned a reputation for excellence and highly personal service over its 27-year history.
“Selling a business, we built over nearly three decades was both emotional and complex. DAK guided us through the entire transaction with professionalism and care. This was especially valuable in helping us understand every aspect and its ramifications in what was a complex process to us as we had never sold a business before. We are excited to join forces with Howard Hanna Allen Tate, a firm that shares our values, and confident this partnership will create even more opportunities for our clients and team,” said Karen Ryan, Co-Owner & CEO of Coastal Properties.
About The DAK Group
www.dakgroup.com
The DAK Group is a leading investment bank serving mid-market privately held businesses in the areas of mergers and acquisitions, business sales, strategic leadership advisory, valuations, and fairness opinions. Since 1984, The DAK Group has executed hundreds of transactions across a wide range of industries.
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