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IBG Business announces sale of Superior Stone & Cabinet

Home » IBG Business announces sale of Superior Stone & Cabinet

PHOENIX, Ariz. – Superior Stone & Cabinet, Inc., a Phoenix home remodeling superstore, has been acquired by Antonio R. Santiago of Seattle.

IBG Business (Arizona) initiated and facilitated the sale, which closed March 22, 2023. Managing director Lance Meilech (pictured) led the IBG team in this transaction.

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.”

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IBG’s professionals have provided merger and acquisition services to the US middle market since 1986. Their award-winning M&A broker and advisor experts have an industry leading track record of 1,100 successful transactions.

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*Certain members of IBG Business are registered representatives of and securities transactions conducted through CEIBA FINANCIAL, LLC, Member FINRA/SIPC, Fullerton, CA. CEIBA FINANCIAL, LLC is not affiliated with IBG Business. FINRA Broker Check.
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