Press Releases

Plethora Businesses Facilitates The Strategic Acquisition of Madrid Inc. by Catalyst Acoustics Group

Orange County, CA, May 13, 2024, Plethora Businesses, an M&A advisory firm headquartered in Orange County, California, is pleased to announce the sale of Madrid, Inc. to Catalyst Acoustics Group. Plethora served as the exclusive sell-side advisor. This successful sale is one of many for Plethora Businesses, further cementing its reputation as a leading trusted advisor navigating the complexities of M&A transactions in the middle market.

Madrid, Inc., a California-based leader in wood products for architectural ceilings and wood elements, specializes in unique ceiling treatments and modern acoustical products including curved plywood, linear, grille and open cell wood patterns with worldwide distribution.

Catalyst Acoustics Group, Inc. (CAG), based in Agawam, MA, is a portfolio company of The Stephens Group, LLC and a platform for an elite group of acoustic, seismic, vibration and noise control companies.

George Lanza, CEO of Plethora Businesses, expressed his satisfaction: “We were pleased to represent Madrid throughout this acquisition process, the synergies with CAG are poised to catapult their growth”.

Robert Ellis, President of Madrid Inc. expressed, “We are excited to see the next phase of growth for Madrid under the CAG portfolio. By aligning with CAG, we are better position to reach new levels of success”.

Catalyst Acoustics Group’s CEO, Joe Lupone, commented: “We see this as a strategic advancement for both businesses. The independent brands, channels to market, products and services offered by each business will remain unique, while leveraging the scale, deep functional expertise, broad channel reach and significant financial resources”.

About Plethora Businesses

Plethora Businesses is a boutique M&A Advisory firm dedicated to offering sell-side and buy-side M&A advisory, corporate strategy and valuations. Tailored to meet the unique needs of the middle market, Plethora is committed to delivering strategic solutions that drive growth and value for its clients. Please visit: or contact us at 714-255-8862.


George Lanza

Jeremy Manista
Sr. Associate

Christopher Arigan
Financial Analyst