Generational Equity Announces the Sale of a Partial Interest in Kentuckiana Nursing Service to a Private Investor

DALLAS, Aug. 11, 2011 /PRNewswire/ -- Generational Equity, a leading advisor to privately-held and family-owned businesses for mergers and acquisitions, is pleased to announce that its client Kentuckiana Nursing Service has sold a partial interest in its company to a Private Investor. The deal team on the transaction, which closed on July 5, 2011, was led by managing director Doug Smith and assistant vice president Fred Zweifel.

Kentuckiana Nursing Service (KNS), located in Louisville, Kentucky, is primarily a human services company dedicated to improving the lives of the people they serve.  While providing personnel staffing for nursing homes and hospitals, KNS also specializes in providing personnel who are experts in caring for the elderly as well as those with special needs.  KNS also offers relief to caregivers through their Medicaid Respite program, which is short-term care for persons who receive in-home care by a family member or caregiver, with the goal of helping both the caregivers and the individuals receiving care.  Since its inception more than 30 years ago, KNS, as indicated by their motto, "Creating bright spots in your life," continues to strive to improve the lives of those in their care through insightful, excellent, and dedicated service.

"This is a great opportunity for KNS," said Generational Equity President Ryan Binkley. "With the addition of new capital, KNS will be able to further improve upon the outstanding quality of service already provided by this remarkable company while ensuring their continued growth within the healthcare 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