Lelantos Holdings' Airtopia Group Executes Definitive Agreement to Acquire Tulsa Millwork and Commercial Signage Fabricator
Lelantos Holdings' portfolio company, Airtopia Group, completed the acquisition of Oklahoma-based Local Cabinet Company for $1.9 million, expanding its hospitality and commercial fabrication platform. The transaction adds a profitable business with 59% year-to-date gross margins and a 9,000-square-foot production facility, with signage revenue targeted to exceed $2 million annually by Year 2.
Key figures
- Deal Value Usd
- 1900000
- Gross margin
- 59%
- Facility size
- 9,000-square-foot
- Revenue target year 2
- $2M+
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