Generational Equity Announces the Acquisition of WB Construction, LLC by Strathklyde, LLC
DALLAS, Jan. 19, 2016 /PRNewswire/ -- Generational Equity, a leading mergers and acquisitions advisor for privately-held, middle-market businesses, is pleased to announce the acquisition of its client, WB Construction, L.L.C. (WBC), headquartered in Wichita, Kansas, by Strathklyde, LLC, headquartered in Houston, Texas. The acquisition closed on January 8, 2016.
Established in 2001, WB Construction LLC is a specialty industrial contractor, providing facilities and system upgrades to major petrochemical and natural gas processing sites, and other related industries. WBC is a certified ASME "R" Stamp vendor and an OSHA Star Site Contractor. The Company has worked on hundreds of upgrade/repair projects for high profile processing and storage plants, and is the preferred contractor for capital and maintenance projects at a major chemical manufacturer in Kansas.
Managing Director Michael Goss and his team, including Vice President Julie Sandoval and Generational Equity-affiliated partner Fred Phillips, of Transition Advisors, Inc., led the Generational Equity deal team that advised WBC on the transaction. "We are pleased with the opportunity this acquisition provides for our employees and customers. Strathklyde will enable WB Construction LLC to broaden its customer base and widen the services available to them," said Rod Blackburn and Wallace Wells, Co-Owners of WB Construction, LLC.
About Generational Equity
Generational Equity provides mergers, acquisitions, strategic growth advisory services, and information for privately held and family-owned businesses to exit their companies 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, has more than 200 professionals in North America, and was recently recognized by the M&A Advisor as the Valuation Firm of the Year. For more information visit the following websites at www.genequityco.com, www.gecpress.com or http://blog.genequityco.com/.
For more information:
Jessica Mead
972-232-1100
[email protected]
SOURCE Generational Equity
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