IBG Fox & Fin initiated and facilitated the sale, which closed March 22, 2023. Managing director Lance Meilech (pictured) led the transaction team.
The terms of the transaction are not disclosed at the parties’ requests.
Founded in 2005 by Charles Yang, Superior Stone & Cabinet grew to become a major Arizona importer, seller and installer of granite, quartz, tile, and cabinetry.
For the company’s founder, the sale brought a substantial increase in his financial liquidity and a welcome change in lifestyle.
“Thanks for everything,” Mr. Yang wrote to Lance Meilech after the sale. “Life is different now, and we are settling in with much less stress.”