DES?MOINES - An Emmetsburg industry announced early this week that it has new ownership. All-American Holdings announced that it has completed an acquisition of Architectural Arts, Inc., a premier commercial millwork firm with operations in Des Moines and Emmetsburg, IA. Architectural Arts has developed a strong national footprint by working with major contractors and architects in all 50 states including Alaska and Hawaii. Architectural Arts supplies high-quality, custom millwork fabrication for projects across a variety of end markets including health care, corporate, hospitality, and education. Architectural Arts will be combined with All-American's subsidiary, Savannah Visions, with operations remaining in Iowa. Financial terms of the transaction were not disclosed.
Former owners and founders of Architectural Arts, Ted Stuart, Jeff Stange and Jim Broich, are excited by this transfer of ownership and see it as a huge positive for the company and their employees. They anticipate numerous growth opportunities for the combined entity, as well as opportunities for their 130 employees to become key players in a growing and progressive company. Jeff Stange, who will stay on as president of Architectural Arts, commented "Architectural Arts has been successful beyond our expectations for the past 19 years, with 2016 being another record year. We expect 2017 and the years beyond to be just as successful under All-American Holdings."
Marshall Hunt, Founder and Managing Partner of All-American Holdings, stated "Architectural Arts brings complementary production capabilities to our current operations in Savannah, TN. We are looking forward to adding a strong team of highly motivated employees to help expand our millwork services geographically."
BCC Advisers, a Des Moines, Iowa based investment banking firm, advised Architectural Arts, Inc. (the seller) on the transaction.
About Architectural Arts, Inc.
Architectural Arts, Inc., founded in 1998, is a premier commercial millwork firm headquartered in Des Moines, IA. With a commitment to superior design work and impeccable quality, it has become one of the Midwest's preeminent millwork companies whose work can be found in commercial projects nationwide. For more information, please visit www.architecturalarts.com.
About All-American Holdings
Founded in 2006, All-American Holdings is a global holding company headquartered in Atlanta, GA, with additional offices in Austin, TX and Florida. For more information, please visit www.allamericanholdings.com.
About BCC Advisers
BCC Advisers is a Midwest leader in merger & acquisition consulting, business valuation, and litigation support services to middle-market companies. Commercial real estate appraisal services are also offered through BCC's affiliate, Iowa Appraisal and Research Corporation. Headquartered in Des Moines, Iowa, please visit www.bccadvisers.com.