DALLAS, Oct. 12, 2016 /PRNewswire/ -- Generational Equity, a leading mergers and acquisitions advisor for privately held, middle-market businesses, is pleased to announce the sale of its client, Enterprise 24x7, Inc., of Tallahassee, FL, to E&E Technical Consultants, LLC, of Mechanicsburg, PA. The acquisition closed February 10, 2016. Details were not disclosed.
Enterprise 24x7 provides high quality, reliable technical assistance and IT consulting services to government agencies and private companies. Its services include database development and administration, system and network administration, and software development.
The buyer, E&E Technical Consultants, offers all levels of skilled IT professionals to clients in central Pennsylvania. The company has been recognized for six consecutive years as one of the Top 50 Fastest Growing Companies in its region. E&E is a certified Woman Business Enterprise (WBE) for Pennsylvania, Virginia, New Jersey, and the City of Philadelphia, and is a GSA IT Services Schedule Provider.
Don Sawyer, Managing Director of mergers and acquisitions at Generational Equity; Rebecca Gruman, Vice President of Generational Equity; and affiliates Richard and Alison Estrin led the transaction. Ms. Gruman stated, "This merger will allow the combined entity the ability to synergistically expand their service offering and grow geographically."
About Generational Equity
Generational Equity, part of the Generational Group headquartered in Dallas, with over 200 professionals located throughout North America, helps business owners release the wealth of their business by providing merger, acquisition and strategic growth advisory services. The four-step approach features M&A education, financial analysis and reporting, sales documentation and deal-making. The M&A Advisor recently recognized the team as Valuation Firm of the Year. For more, visit www.genequityco.com and the Generational Group press room.
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SOURCE Generational Equity