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Generational Equity Announces the Acquisition of Trevathan Tool Company by a Private Investor
By: TexasBusiness.com Posted: Wednesday, December 21, 2011 12:03 am
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Texas Business reports: DALLAS—Generational Equity, a mergers and acquisitions advisor for privately-held and family-owned businesses, announced the sale of its client, Trevathan Tool Company to a private investor.
Both buyer and seller are located in Texas.
The deal team was led by managing director Terry Mackin and vice president Kyle Coe and was closed on September 2, 2011. The value and details of the transaction were not disclosed.
In operation since 1996, the family owned business operates two automotive lubrication shops in the Abilene, Texas area. In addition to the two lube & tune locations, the owner also operates a full service car wash.
“Our client's have done an excellent job in starting and running their own business,” said Generational Equity's president Ryan Binkley in a prepared statement. “Their success can be seen in the fact that they were a very attractive acquisition target. They were truly a 'buyer ready' business.”
Generational Equity provides mergers, acquisitions, strategic growth advisory services, and information for privately held and family-owned businesses to exit their business.
Generational Equity is headquartered in Dallas, TX, and has more than 200 professionals. |
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