DALLAS, Feb. 9, 2016 /PRNewswire/ -- Generational Equity, a leading mergers and acquisitions advisor for privately-held, middle-market businesses, is pleased to announce the acquisition of its client H&S Autoshot Manufacturing (H&S Autoshot), headquartered in Georgetown, Ontario, by Nutec Systems Inc. (Nutec), headquartered in Gurnee, Illinois. The acquisition closed on January 11, 2016.
H&S Autoshot manufactures spot welding and dent pulling equipment for the auto body repair industry. H&S Autoshot serves the automotive aftermarket, including 85 active customers across the US and 35 in Central and Western Canada. To learn more, visit www.hsautoshot.com
Managing Director Douglas Smith and his team, led by affiliate Mike Hammer and working with the support of Vice President Musa Jagne, led the Generational Equity deal team that advised H&S Autoshot on the transaction. "The synergies provided and the tenacity of the buyer, aided by his well-informed and competent attorney, were the key elements to this successful transaction," stated Hammer.
Nutec provides arc welding and plasma cutting equipment to the automotive aftermarket. Nutec's main focus is to provide automotive repair professionals with the highest quality tools and systems to increase their productivity. To learn more, visit www.nu-tecsys.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/.
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SOURCE Generational Equity