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  6. DecoArt Acquires Jack Richeson

M&A Deal Summary

DecoArt Acquires Jack Richeson

On August 11, 2022, DecoArt acquired business services company Jack Richeson

Acquisition Highlights
  • This is DecoArt’s 1st transaction in the Business Services sector.
  • This is DecoArt’s 1st transaction in the United States.
  • This is DecoArt’s 1st transaction in Wisconsin.

M&A Deal Summary
Date 2022-08-11
Target Jack Richeson
Sector Business Services
Buyer(s) DecoArt
Deal Type Add-on Acquisition
Advisor(s) Cornerstone Business Services (Financial)
DeWitt (Legal)

Target

Jack Richeson

Kimberly, Wisconsin, United States
Jack Richeson is a manufacturer and distributor of artist materials, including easels, stretcher bars, artist colors, and paper products serving the fine art and education markets. Jack Richeson is based in Kimberly, Wisconsin.

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Buyer(S) 1

Buyer

DecoArt

Stanford, Kentucky, United States
Category Company
Founded 1985
Sector Chemicals
DESCRIPTION

DecoArt is a manufacturer of paints and finishes for arts, crafts, and home decorating applications. DecoArt was founded in 1985 and is based in Stanford, Kentucky.

DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Wisconsin M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2022 M&A 1 of 1
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