YOUR BUSINESS AUTHORITY
Springfield, MO
A family-owned Kansas City company that traces its roots back to 1887 sold to a private equity firm.
El Segundo, California-based Architect Equity LLC bought Faultless Brands, a manufacturer of fabric, fragrance and home care products. Financial terms were undisclosed.
"There are obviously mixed emotions in selling the business," said Cathy Beaham Smith, a fifth-generation owner of the company. "But to me, while it's the end of an era, it's also the beginning of a new one. I think this is the best scenario for preserving and growing the legacy. I'm very happy for the way this all worked out."
Read more from the Kansas City Business Journal.
Cedars Family Restaurant has cooked up comfort for over three decades.
Aquatic center fronting Sports Town in the works
STL construction firm buys KC company
Spring 2024 Construction in the Ozarks
SPD issues 36 citations to businesses for violating city’s gaming machine ban
Lost & Found Grief Center hires executive director
Nixa spokesperson takes job with city of Joplin
Missouri House speaker accused of obstruction in ethics probe