VIPAR Heavy Duty signs agreement with Falcon Affiliates

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Updated May 17, 2019

Vipar Falcon Logo CmykVIPAR Heavy Duty has formed an exclusive relationship and memorandum of understanding in the U.S. with Falcon Affiliates. The relationship will provide VIPAR Heavy Duty stockholders with an experienced, growth-oriented partner that can support stockholders’ long-term growth, succession plans and exit strategies, according to an announcement. Falcon’s expertise spans capital expansion and investment, management development, strategic planning, operational improvement, mergers and acquisitions and exit strategies.

In addition to the relationship with Falcon Affiliates, VIPAR Heavy Duty has laid the foundation for a comprehensive Business Resource Center to equip stockholders with tools and resources to support long-term growth and business transition decisions.

“This is a very exciting time for the VIPAR Heavy Duty Family of Companies. As the home of the independent distributor, VIPAR is there in the beginning, providing value as our stockholders grow their businesses over the years and now providing exit strategy resources to help our owners transition their businesses,” says Chris Baer, VIPAR Heavy Duty president and CEO.

“VIPAR stands by its stockholders for the entirety of their business, providing an array of options so owners don’t think the only interested buyers are the ‘big box companies.’ Selling your business generally only happens once, and we have learned that one buyer is no buyer. We can now provide multiple options to fit a stockholder’s personal goals and maximize the business transition for everyone: owner, employees and customers,” Baer says.

“At Falcon, we pride ourselves on understanding the businesses and people we partner with, taking a longer-term, company-centric approach and seeing our partners and companies grow and achieve their goals,” says Will Krusen, Falcon Affiliates president.

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