Screenflex Portable Partitions Acquired by Versare Holdings, LLC

Company Description

Screenflex Portable Partitions is a manufacturing company based in Lake Zurich, Illinois. For over 35 years, it has solved space dividing needs. The company has several lines of portable room dividers and serves thousands of customers across the globe, including churches, schools, corporations, and restaurants.  

Objectives

The owners of Screenflex engaged Sikich’s Investment Banking team as they began to succession plan and think about the company’s next stage of growth. They wanted to find a reputable buyer that would continue to prioritize their employees and customers and build upon the company’s legacy.  

Results

Screenflex was acquired by Versare Holdings, LLC, an international provider of flexible space solutions based in Minneapolis. This acquisition expands Versare’s product line and allows it to reach new customers in more markets.  

 

*Securities offered through Sikich Corporate Finance LLC, member FINRA/SIPC.