Generational Equity Announces the Acquisition of Builders Appliance Center LLC by Ferguson Enterprises Inc.
BAC is a family-owned appliance dealer located in Englewood, Colorado and is the largest luxury appliance dealer in the state. The company was founded in 1993 to provide builders and designers with expertise and support with ever-changing appliance innovations. BAC will continue to offer the great selection, knowledgeable staff and amazing networking events that builders and designers have enjoyed throughout the years in its award-winning showroom. The company will now operate as BAC Appliance Center, a Ferguson enterprise.
"We are excited about joining the Ferguson team," said Ken Jensen, CEO of BAC. "Our shared cultures of continuous improvement allows us to join forces and provide great service and support to the building industry in Colorado."
Managing Director Stephen Crisham and his team, including Vice President Mike Meredith, led the Generational Equity deal team that advised BAC on the transaction.
Founded in 1953, Ferguson is the largest wholesale plumbing distributor in the U.S., and is also the fourth largest distributor of heating and cooling equipment. To learn more visit www.ferguson.com.
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]
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