Generational Equity Announces the Sale of Acry Fab, Inc. to The Vollrath Company, LLC
DALLAS, Jan. 8, 2013 /PRNewswire/ -- Generational Equity, a leading mergers and acquisitions advisor for privately-held, middle-market businesses, is pleased to announce the sale of its client, Acry Fab, Inc. (Acry Fab), headquartered in Sun Prairie, Wisconsin, to The Vollrath Company, LLC (Vollrath), headquartered in Sheboygan, Wisconsin. The transaction closed on December 20, 2012. Terms of the transaction were not disclosed.
Acry Fab, Inc. was created nearly 30 years ago, with a focus on the convenience store industry. Over the years, their customers helped them design and develop innovative solutions, many of their designs set the standards for food accessory dispensing. Acry Fab's product line includes the popular Lid Saver® lid dispensers; bakery cases and accessories; countertop, in-counter, and self-serve dispensers; and organizers and holders. In addition, the company regularly builds customized plastic items such as laboratory equipment, medical equipment accessories, and OEM parts requiring manufacturing to exacting specifications.
Regional Managing Director, Doug Smith, Vice President, Michael Goss, and their Wisconsin representative, Jerry Hegy, led the Generational Equity deal team that advised Acry Fab on the transaction. According to Jerry Hegy, "The owners of Acry Fab recognized from their first meeting with Vollrath that the business combination could be an ideal fit for Acry Fab and its employees."
Vollrath has been manufacturing equipment and small-wares supplies for prepping and cooking in the food industry for over 137 years. With this acquisition, Vollrath will manufacture acrylic products at Acry Fab's current location at Sun Prairie facility.
"The acquisition of Acry Fab significantly increases our ability to deliver a full service solution of high quality products to the 19 foodservice market segments that we now serve," said Paul Bartlet, CEO of Vollrath. With continual expansion and acquisitions, Vollrath produces an array of products from stainless steel and aluminum to molded plastics and fabricated steel for the worldwide foodservice industry and select OEM customers.
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, has more than 200 professionals in North America, and was recently recognized by the M&A Advisor as the M&A Consulting/Advisory service firm of the year. For more information visit the following websites at www.genequityco.com, www.gecpress.com or http://blog.genequityco.com/.
SOURCE Generational Equity