M&A Deal Summary

MIRC Acquires Mighty Mite

On August 9, 2024, MIRC acquired e-commerce company Mighty Mite from Westheimer

Acquisition Highlights
  • This is MIRC’s 1st transaction in the E-Commerce sector.
  • This is MIRC’s 1st transaction in the United States.
  • This is MIRC’s 1st transaction in Illinois.

M&A Deal Summary

Date 2024-08-09
Target Mighty Mite
Sector E-Commerce
Buyer(s) MIRC
Sellers(s) Westheimer
Deal Type Divestiture

Target

Mighty Mite

Lake Zurich, Illinois, United States
Mighty Mite is a provider of replacement guitar parts, including necks, bodies, and other universal components. Mighty Mite is headquartered in Lake Zurich Illinois.

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Buyer(S) 1

Buyer

MIRC

Franklin, Tennessee, United States

Category Company
Founded 1993
Sector Retail
DESCRIPTION

MIRC is a wholesaler of quality used guitars. MIRC partners with major manufacturers and retailers to refurbish and resell used guitars, ensuring that musicians have access to top-quality instruments at affordable prices. MIRC was formed in 1993 and is headquartered in Franklin, Tennessee.


DEAL STATS #
Overall 1 of 1
Sector: E-Commerce M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Illinois M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2024 M&A 1 of 1

Seller(S) 1

SELLER

Westheimer

Illinois, United States

Category Company
Founded 1953
Sector Consumer Products
DESCRIPTION

Westheimer provides instrumental in developing and distributing a wide range of musical instruments and accessories.


DEAL STATS #
Overall 1 of 1
Sector: E-Commerce M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Illinois M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1982-01-01 Mighty Mite

Lake Zurich, Illinois, United States

Mighty Mite is a provider of replacement guitar parts, including necks, bodies, and other universal components. Mighty Mite is headquartered in Lake Zurich Illinois.

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