A Plus Garage Doors, founded by Carrie Kelsch, was sold to Guild Garage Group for approximately $70 million, illustrating that effective management and strategic focus can translate into substantial business value.

Information on the Target

A Plus Garage Doors, founded in 2005 by entrepreneur Carrie Kelsch, is a prominent provider of garage door repair and installation services. Despite lacking prior experience in the garage door industry, Carrie focused on nurturing a strong organizational culture and a high-performing team. This strategy emphasized growth and leadership over technical expertise, allowing her to steer the company towards lasting success.

By leveraging her team's skills, Carrie concentrated on marketing and business development, as suggested by Michael Gerber in his book The E-Myth Revisited. This practical approach demonstrates that effective management and delegation can lead to significant advancements within a business, even for founders lacking technical knowledge.

Industry Overview

In the United States, the home services industry, particularly garage door services, has shown substantial growth over recent years. Increasing home improvements and renovations, fueled by a rise in

View Source

Similar Deals

Mid-Atlantic Farm and Farmers Market Mid-Atlantic Farm and Farmers Market

2024

Management Buyout / Buy-In (MBO) Food Markets United States of America
Employee Stock Ownership Plan (ESOP) Taste Family of Businesses, Inc.

2024

Management Buyout / Buy-In (MBO) Food Markets United States of America
The Anderson Group, LLC Double B Foods, Inc.

2024

Management Buyout / Buy-In (MBO) Frozen Food Manufacturing United States of America
H.I.G. Capital Patriot Pickle

2024

Management Buyout / Buy-In (MBO) Fruit & Vegetable Processing United States of America
Bluehenge Capital Partners M. Spiegel & Sons / SOS Xtreme Comfort

2024

Management Buyout / Buy-In (MBO) Consumer Repair Services United States of America
Platinum Equity Horizon Organic and Wallaby

2024

Management Buyout / Buy-In (MBO) Dairy Products United States of America

Guild Garage Group

invested in

A Plus Garage Doors

in 2024

in a Management Buyout / Buy-In (MBO) deal

Disclosed details

Transaction Size: $70M

Enterprise Value: $70M

Deal Parameters
Industry
Country
Seller type

Sign Up to Dealert