Majority stake · Closed Jun 2021
John Wilson buys out parents to take majority ownership of Wilson Plumbing and Heating
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Summary
John Wilson purchased majority shares of his family business, Wilson Plumbing and Heating in Akron, Ohio, via a seller note to his parents: an initial 49% buy of his mother's stake, then another 49% in 2019, leaving his father a residual 2% stake.