The DAK Group is pleased to announce the strategic acquisition of E-Z DO, Inc., a leading national supplier of home organization and storage products to mass market retailers, to a highly strategic private company buyer. The DAK Group served as exclusive financial advisor to E-Z DO in a transaction that resulted in an attractive valuation for the Company’s stakeholders.
E-Z DO has been selling merchandise to the mass merchant channel since 1973. The Company covers a broad range of home storage and organization products unmatched by any one competitor. E-Z DO engaged The DAK Group to identify a strategic acquirer who would accelerate the Company’s growth.
With its long-standing experience in advising consumer products businesses, The DAK Group garnered the interest of several interested parties in a comprehensive global search. The buyer plans to leverage its existing broad customer relationships to diversify E-Z DO’s product distribution. “We knew that being acquired by the right partner was critical to our growth strategy. The DAK Group spearheaded our effort and identified the perfect company” said Jim Zellner, President of E-Z DO who will remain with the combined operation.
“We’re extremely pleased that our unique strategic approach in uncovering the right buyer resulted in a transaction with numerous manufacturing and distribution synergies,” said Lisa Stern, Managing Director at The DAK Group. “This transaction offers a great opportunity for the buyer to grow its business while expanding the availability of E-Z DO’s high-quality products in the marketplace.”