Span Alaska Sale

Situation

Span Alaska Enterprises, Inc. sells and distributes groceries and general merchandise to rural regions of Alaska. Customers include institutional, commercial and wholesale clients, as well as individuals. The company holds a commanding presence in the markets it serves and has long-standing, loyal customers. The goal of the owners was to gain liquidity and retire from the business.

ZS Role

Zachary Scott was engaged as the exclusive financial advisor to represent the owners in the sale of 100% of the stock of Span Alaska.

Results

Span Alaska was sold to Alaska Commercial Co., a leading retailer and distributor in the Alaska market. The acquisition allowed the owners of Span Alaska to monetize their equity, and Alaska Commercial was able to expand its distribution business in the rural Alaska marketplace.

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