Partners Chris and Nate spent years building Memories Renewed into a well-run and growing business. But, like many business owners, eventually they decided that they were ready for a change. Their goal wasn’t simply to sell though. They wanted to find a buyer that could carry the business forward while allowing them to step into a new season of life focused on travel, independence, and future opportunities.

Because of the specialized nature of the business, finding the ideal buyer required patience. The right fit needed to be both technologically savvy and capable of leading an established team. Unfortunately, an initial listing did not attract the right buyer, so the sellers made the decision to pause and focus on business growth before returning to market. 

“Time is a luxury,” says Calhoun Companies agent Robert Warrick. “Since the sellers weren’t in a rush to sell their business, they were able to focus on their goals and ensure their company would be attractive to the type of buyers they were really looking for.”

Two years later Memories Renewed was back on the market with strong infrastructure, impeccable financials, and a highly engaged ownership team. And the right buyer also emerged - a talented corporate technology professional seeking a new opportunity for himself following a layoff. With support from Calhoun Companies, Huntington Bank, and the buyer’s legal team, the transaction successfully moved to closing. 

In the end, the sellers achieved exactly what they hoped for, financial success, the right successor for the business, and the freedom to move into their next chapter. 

“I received a Holiday Card from the Sellers this year with a picture of them on outdoor adventures and handwritten note expressing their gratitude for helping them achieve their life goals,” enthuses Warrick. “They seemed very happy!”