Majestic Kitchen & Bath Creation's CEO and leadership team buys company
July 7, 2020 | 8:46 pm UTC
Photo By Majestic Kitchen & Bath Creation
RALEIGH, N.C. - Youngsville, North Carolina-based Majestic Kitchen & Bath Creations Inc., which manufactures and offers closet shelving and kitchen and bath accessories, and granite, cultured marble, quartz, solid surface, stone and glass products, door hardware and more, was sold to the company's CEO and team in June. According to the company, the business transformation initiative was envisioned in 2017 by the founders and its then new CEO Scott Byers to evolve the 30-year old company from a family-run entrepreneurial business into an independently managed corporation. Byers and his leadership team doubled Majestic's revenue and geographic reach across the Carolinas and its coastline in the last three years.
"Going forward, we will invest in our people, training, technology, equipment, and processes so that our clients receive the value they expect from a professional trade partner and industry leader like Majestic," Byers said.
Majestic's leadership team is composed of Byers, Dan Wascher as Chief Financial Officer, Frank Muraca as Chief Operating Officer, and Josh Smyth as Vice President of Sales. To assure fiduciary oversight and independent decision-making, Majestic has created a board of directors composed of company executives and several independent outside investors.
In the coming months, Majestic will introduce several new client-focused initiatives to optimize certainty and quality and ensure that all client interactions with Majestic are excellent at every touch point.
Since 2017, Majestic has pursued an organic and acquired growth strategy. Year-over-year double-digit organic growth has been consecutive, and Majestic has acquired and successfully integrated four complementary operations in Greensboro, Wilmington and Charlotte. Those operations have broadened its product portfolio, provided production redundancy to meet increased product demand, and expanded its customer base throughout the Carolinas and its coastline. Majestic has 246 employees, a 30-percent increase since 2017.
Majestic has seven facilities across the Carolinas. Its showrooms, production and distribution operations, and service centers serve the metropolitan North Carolina regions of the Triangle, Charlotte, Triad, Wilmington area, and Myrtle Beach, Charleston, and Greenville, South Carolina.
For more information, visit gomajestic.com.
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