State Of The Industry? 30 Year Rep Firm Closing Doors, Couldn't Find a Buyer

Got this email today. This firm was one of the best through the years.

[IPVM note: This is posted on their website as well]

Dear Valued Customer,
For the last few years the principles of Murphy & Cota have had a desire to pursue other interests. During this time frame we have not been able to find a way to transition or gracefully exit the industry. We have elected to close our doors as of last Friday August 5th. It is a heartbreaking process for us as our employees have become like family, and we will truly miss working with them. We know that many of you have also enjoyed a great working relationship with them as well.
We will especially miss the relationships with our customers as many of you have been doing business with us for over 30 years. We appreciate the support you have shown us and the willingness to consider the high-quality products we have represented.
To enable as smooth a transition as possible you can address questions to us at...
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