Coastal Farm & Ranch Sale

“I have gotten to know and trust the Zachary Scott team over the past decade. I knew from the first meeting with Frank and Mark that when it came time to explore my family's ownership transition alternatives, I would be turning to them for their advice and assistance. Zachary Scott spent significant time up front to dig in and understand our business, and led us throughout marketing, negotiations, and due diligence.

The process that ZS organized resulted in several actionable alternatives, and we couldn't be happier with the outcome and our partnership with Peter Nolan and his family office. We are proud to transition the majority ownership of Coastal from one West Coast family to another. The leadership, knowledge, and most importantly patience that Zachary Scott exhibited throughout the process was truly amazing.”

Buzz Wheeler, CEO, Coastal Farm & Ranch

Zachary Scott is excited to announce the majority sale of its client, Coastal Farm & Home Supply LLC (“Coastal” or the “Company”) to Nolan Capital. We greatly enjoyed working alongside Perkins Coie, Moss Adams Transaction Advisory Services, and the Coastal management team on this important Pacific Northwest transaction.

Situation

Coastal is a farm and home retailer with 20 locations across Oregon and Washington. The Company’s stores are strategically located to serve a growing customer base of farm and ranch operators, lifestyle shoppers, outdoor enthusiasts, pet owners, and more. Customers turn to Coastal for its diverse product suite which includes apparel and footwear, animal feed and pet food, fencing and farm equipment, firearms and ammunition, tools and hardware, and more.

Headquartered in Albany, OR, the Company was acquired by Bruce “Buzz” Wheeler in 1990 with three store locations. After managing and growing the business for more than three decades, Mr. Wheeler decided to search for a partner who could contribute to the Company’s continued growth while supporting its employees, customers, and communities.

ZS Role

Zachary Scott was engaged by Mr. Wheeler evaluate his family’s ownership transition alternatives and manage the transaction process.

Results

Zachary Scott organized a competitive process to find the right partner for Mr. Wheeler and the Coastal management team. After carefully evaluating several actionable alternatives, Mr. Wheeler elected to partner with Nolan Capital, the family office of Peter J. Nolan. Peter Nolan and his team bring extensive experience in managing and growing retail businesses across the United States. The partnership with Nolan Capital will enable the Company to continue its strong growth in its existing communities while expanding its physical and online footprint across the West Coast.

We are pleased to have assisted another large Pacific Northwest family-owned business. Other similar clients of Zachary Scott include Saltchuk, the Odom Corporation, and the Joshua Green Corporation.