Generational Equity Announces the Acquisition of the Portable Sanitation Division of Chempace Corporation by FGL Group, LLC
DALLAS, Aug. 5, 2014 /PRNewswire/ -- Generational Equity, a leading mergers and acquisitions advisor for privately-held, middle-market businesses, is pleased to announce the acquisition of the portable sanitation division of its client, Chempace Corporation, headquartered in Toledo, Ohio, by FGL Group, LLC, headquartered in Grapevine, Texas. The acquisition closed on July 16, 2014.
Chempace Corporation (Chempace) is a specialty chemical manufacturer for products and formulas used in deodorants, cleaners, degreasers, and other specialized products. Since its founding in 1968, Chempace has continuously created innovative products to keep pace with new trends and technologies in the market. This dedication allowed Chempace to advance in its industry by providing its customers with quality solutions for any specialty chemical needs, staying true to their mission of always keeping the customer's needs first.
Doug Smith, a Managing Director at Generational Equity, and Fred Zweifel, Vice President, gave their support and assistance to Chempace on the transaction. "This was an optimal strategic transaction for FGL Group to make entry into the portable sanitation market," stated Fred Zweifel.
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 M&A Consulting 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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