Generational Equity Announces Acquisition of Surgeon Rifles, Inc. by Strategic Armory Corps.
DALLAS, Sept. 1, 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, Surgeon Rifles, Inc. to Strategic Armory Corps. The transaction closed on August 19, 2011, and was led by Managing Directors Terry Mackin and Fred Phillips, and Assistant Vice President Kyle Coe. "Both entities worked hard to construct a deal that would be beneficial to both parties and maintain the sterling reputation of Surgeon Rifles," said Generational Equity's Managing Director Terry Mackin.
Born out of an obsession for quality and precision, Preston Pritchett founded Surgeon Rifles near Prague, Oklahoma. Based on input from fellow shooters and friends, Surgeon Rifles manufactures a variety of the highest quality rifles, actions and other accessories for custom hunting and tactical rifle enthusiasts. All Surgeon Rifles and actions are built using the latest and most innovative equipment to ensure quality control and maintain specifications.
Pritchett will remain with the Company and assist Strategic Armory in the expansion of its other products and services.
"Surgeon Rifles was an excellent acquisition for Strategic Armory Corps," said Generational Equity President Ryan Binkley. "Being able to capitalize on Surgeon's reputation and services truly presents Strategic Armory with a competitive edge in the arms manufacturing industry."
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 in North America. For more information visit the website at www.genequityco.com or www.gecpress.com.
For more information:
Rebecca Gruman
972-232-1100
[email protected]
SOURCE Generational Equity
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