Generational Equity Announces the Acquisition of Blagrave & Duffey, Inc. by Thorpe Holdings
DALLAS, Oct. 4, 2011 /PRNewswire/ -- Generational Equity, a leading mergers and acquisition advisor for privately-held and family-owned businesses, is pleased to announce the sale of its client, Blagrave & Duffey, Inc. to Thorpe Holdings of Houston, TX. The Deal Team was led by Managing Director Terry Mackin and Assistant Vice President Kyle Coe. Managing Director Terry Mackin commented on the deal, "With both buyer and seller being headquartered in Houston, TX, this was an excellent opportunity for both parties to become comfortable with each other to accommodate a fruitful transaction."
Since its inception in 1981, Blagrave & Duffey, Inc. has become one of the major suppliers and contractors of refractory projects in the southern United States. Their scope of work varies from small commercial boilers to industrial steel processing mills. By stocking major suppliers' products in their 5,000 square foot warehouse, Blagrave & Duffey is able to immediately respond to refractory requests and assist customers with the refractory setting on any type of heat processing equipment.
"Terry and Kyle did an excellent job in facilitating a deal that made sense for both parties involved in this transaction," stated Generational Equity President, Ryan Binkley, "Members of our deal teams are experts in their ability to leverage relationships with prospective buyers in order to maximize value for our clients."
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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