Generational Equity Announces That Generation3 Capital LLC Has Acquired a Majority Interest in EZWatch Pro
DALLAS, Dec. 22, 2010 /PRNewswire/ -- Generational Equity, a leading advisor to privately held and family-owned businesses for mergers, acquisitions, strategic growth initiatives, business valuation and exit planning, is pleased to announce the majority interest acquisition of its client, EZWatch Pro to Generation3 Capital LLC. The transaction closed on November 12, 2010. Managing Directors, Stephen Crisham and Lori Galloway, led Generational Equity's deal team in marketing and negotiating the transaction.
"This transaction combined the buyer's resources of capital and related industry experience coupled with the optimized target company, creating the environment which will take the company to the next level," said Stephen Crisham.
"When the Generational Equity deal team starts to look for prospective buyers they really do their research. The goal is to find an optimal buyer. In this case, the buyer was not a direct competitor and knew the intricacies of the industry," said Generational Equity President Ryan Binkley.
EZWatch Pro sells state-of-the-art security and surveillance technology – wired and wireless cameras, digital recorders, sensors and more to facility managers across the world from its Website and with the support of its helpdesk. The company's majority interest was acquired by Generation3 which specializes in recapitalizations, buyouts and strategic partnerships in the security, automatic identification and data capture (AIDC), life safety, custom electronics and sensing/control industries. Generation3 will partner the strong management team in place at EZWatch Pro with well-known executives in the Security Industry to help grow the business.
EZWatch Pro is one of 30 deals Generational Equity has closed this year. To view all deals closed by Generational Equity's team of experts visit the online newsroom at www.gecpress.com.
About Generational Equity
Generational Equity provides mergers, acquisitions, strategic growth advisory services, and information for privately held and family-owned businesses to exit their business successfully. A unique, four-phase approach that includes education, financial analysis and reporting, sales documentation and deal-making ability combine to offer business owners an unparalleled level of commitment and experience, all focused on helping to release the generational equity and wealth in every business. Headquartered in Dallas, TX, Generational Equity has more than 200 professionals in the United States and Canada. Generational Equity's website is www.genequityco.com and their online newsroom can be found at www.gecpress.com.
For more information: |
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Rebecca Gruman |
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877-213-1792 |
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SOURCE Generational Equity
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