Generational Equity Announces the Acquisition of Trevathan Tool Company by a Private Investor
DALLAS, Dec. 13, 2011 /PRNewswire/ -- Generational Equity, a leading mergers and acquisitions advisor for privately-held and family-owned businesses, is pleased to announce the sale of its client, Trevathan Tool Company to a Private Investor, both buyer and seller are located in Texas. The deal team was led by managing director Terry Mackin and Vice President Kyle Coe and was closed on September 2, 2011. The value and details of the transaction were not disclosed.
In operation since 1996, the family owned business operates two automotive lubrication shops in the Abilene, Texas area. In addition to the two lube & tune locations, the owner also operates a full service car wash. "Our client's have done an excellent job in starting and running their own business," said Generational Equity's President Ryan Binkley. "Their success can be seen in the fact that they were a very attractive acquisition target. They were truly a 'buyer ready' business."
If you would like to learn how you too can position your company to be "buyer ready", please click here and download our free whitepaper on the topic of building and exiting a desirable business. Written by Ryan Binkley, it draws on our years of experience in closing deals and helping to position our clients to be buyer ready.
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. Generational Equity uses a four-phase approach that includes education, financial analysis and reporting, sales documentation and deal-making ability 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. Generational Equity is headquartered in Dallas, TX, and has more than 200 professionals. For more information visit the following websites at www.genequityco.com, www.gecpress.com, or http://blog.genequityco.com/.
For more information:
Rebecca Gruman
972-232-1100
[email protected]
SOURCE Generational Equity
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