August 25, 2016
W.G. Nielsen & Co., a leading investment banking firm headquartered in Denver, CO, announced today NeeUs Corporation has sold the Colorado SealMaster franchise to Abacus Partners, LLC in a transaction negotiated by W.G. Nielsen & Co. W.G. Nielsen & Co. represented NeeUs Corporation in the transaction.
A SealMaster franchise is a "One-Stop-Source for pavement maintenance products and equipment." SealMaster's products include pavement sealers, ColorPave pigmented pavement sealer, pavement rejuvenators, sealer additives, crack fillers and sealants, preparation and repair materials including pothole patch, traffic paints, SportMaster sport surfacing products, pavement maintenance equipment, parts, parking lot blowers and edgers, striping machines and more. SealMaster Colorado has locations in Denver and Colorado Springs, and primarily serves contractor, property manager, government agency, and homeowner customers throughout Colorado.
SealMaster is one of the world's largest manufacturers of pavement sealer and sealcoat with over 100 pavement sealer manufacturing plants and distribution centers in the United States. SealMaster also has pavement sealer manufacturing plants in Canada, China, Israel, Mexico, Sri Lanka and Sweden in addition to pavement sealer, sealcoat and pavement maintenance product and equipment distribution in over 50 countries.
About NeeUs Corporation
NeeUs Corporation was the Colorado SealMaster franchisee from 2005 until 2015. James and Kristi Smalley, the owners of NeeUs Corporation and former owners SealMaster's Colorado franchise, purchased the New Mexico SealMaster territory in 1994. In 2005, the Smalleys acquired the Colorado franchise, and, after moving to Colorado, they sold the New Mexico territory in 2006. SealMaster Colorado was the recipient of SealMaster's Franchise of the Year award in 2007, 2010, and 2011.
About W.G. Nielsen & Co.
W.G. Nielsen & Co. is a Denver-based investment banking firm that specializes in mergers and acquisitions (sell side and buy side advisory services) and structured and leveraged financing transactions. W.G. Nielsen & Co., an independently owned, FINRA investment banking firm, offers clients innovative financing solutions. The firm enables select mid-sized clients to achieve their goals through strategic alliances, industry experience, and proven methodologies. Since the firm's inception in 1996, W.G. Nielsen & Co. professionals have completed transactions valued in excess of $4 billion.
For more information on this transaction, please contact Tom Campbell at 303.830.1515, or visit www.wgnielsen.com.