Orange County, CA — D.A. Davidson & Co. proudly announces its role as financial advisor to Ben Shidla, CEO of Best Choice Products (BCP), in his successful acquisition of remaining equity from selling shareholders. Best Choice Products, a leading single-brand marketplace seller in today’s ecommerce landscape, boasts an impressive annual sales figure surpassing half a billion dollars. Known for its innovative and popular product offerings catering to diverse family needs, BCP continues to redefine consumer preferences.
In addition to financial advisory services, D.A. Davidson structured and arranged the financing for the transaction, with debt financing provided by J.P. Morgan. Ben Shidla emphasizes the significance of this milestone for BCP, foreseeing continued growth and enhancement opportunities. He acknowledges D.A. Davidson’s pivotal role in providing invaluable counsel, industry insights, and expert debt advisory services, ensuring an optimal outcome.
Joe Schimmelpfennig, Head of Consumer Investment Banking at D.A. Davidson, expresses excitement about the collaboration with BCP, highlighting D.A. Davidson’s expertise in supporting leading ecommerce enterprises and local Orange County businesses. He reaffirms D.A. Davidson’s commitment to BCP’s journey and its future endeavors.
Clinton Miyazono, Managing Director at D.A. Davidson, underscores the tailored approach adopted in structuring the financing, drawing from the team’s extensive experience with high-growth consumer brands. Miyazono credits Ben Shidla’s trust and collaboration in achieving this milestone, marking yet another success for D.A. Davidson’s Debt Advisory and Consumer practices.
D.A. Davidson’s Consumer Investment Banking Group, renowned for its deep industry knowledge and seasoned professionals, specializes in advising preeminent consumer brands across various segments, including consumer products, ecommerce, and food & beverage. With a rich history of successful mergers and acquisitions, coupled with a veteran debt advisory practice, D.A. Davidson remains committed to delivering comprehensive solutions tailored to each client’s unique needs within the consumer sector.
