Generational Capital Markets Wins International Deal Making Award for Stern Rubber
DALLAS, April 19, 2016 /PRNewswire/ -- Generational Capital Markets, Inc., member FINRA/SIPC, ("GCM") an advisor to privately-held businesses for mergers & acquisitions, is pleased to announce that it has been recognized by The M&A Advisor, winning the following award:
- Acquisition of Stern Rubber Company - Corporate and Strategic Acquisition of the Year (From $10MM – $25MM)
Stern Rubber was founded in 1969 as a manufacturer of compression, injection and transfer molded products, as well as extruded rubber products. Stern specializes in bonding rubber to plastic, metal, and other materials. Industries served are extremely diverse and include: industrial plumbing, power sports, agricultural, and many others. Stern was acquired by Zhongli North America, Inc. (Zhongli), headquartered in Shanghai, China. The acquisition closed on October 26, 2015.
Managing Director Chris Heckert was the GCM M&A advisor for Stern throughout the transaction. He stated, "We had numerous interested buyers throughout our process. Many wanted to relocate this business away from its location in Northern Minnesota, but the client strongly preferred keeping the business, and its jobs, in the community. I'm proud we achieved that important goal."
"With cross border M&A volumes at record levels, we attribute the continued increase in transnational deal making to the new generation of global M&A experts whose intimate knowledge and expertise in the cultural, financial and legal arenas are redefining our industry," says David Fergusson, President and Co-CEO of The M&A Advisor. "The 2016 International M&A Award winners represent the best of the cross border M&A industry in 2015 who earned these honors by standing out in a group of very impressive finalists."
Brenen Hofstadter, President and Supervising Principal of GCM added, "M&A activity in the mid market continues to be strong and increasing interest from foreign buyers is a part of that growth. We expect foreign buyer interest in our client companies to continue to build into 2016 and beyond. "
About Generational Capital, LLC
Generational Capital, LLC is a Dallas, TX based merger & acquisition advisory firm. Generational Capital wholly owns Generational Capital Markets, Inc., member FINRA/SIPC. More information can be found at www.gencm.com. Generational Capital and Generational Capital Markets are affiliated with Generational Equity, LLC. Generational Equity's website is www.genequityco.com and its online newsroom can be found at www.gecpress.com or http://blog.genequityco.com. Generational Equity was recently recognized by the M&A Advisor as the Evaluation Firm of the Year. Additionally, the firm received the M&A Advisor Deal of the Year Award in the $10 - $25 million category in 2014.
About The M&A Advisor
The M&A Advisor was founded in 1998 to offer insights and intelligence on M&A activities. Over the past eighteen years we have established the premier global network of M&A, Turnaround and Finance professionals. Today, we have the privilege of presenting, recognizing the achievements of and facilitating connections between the industry's top performers throughout the world with a comprehensive range of services. To learn more visit The M&A Advisor.
For more information:
Jessica Mead
972-232-1100
[email protected]
SOURCE Generational Capital, LLC
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