DALLAS, Nov. 27, 2018 /PRNewswire/ -- Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Gyford Productions LLC, to Rowmark LLC. The acquisition closed October 31, 2018.
Gyford Productions designs and manufactures precision aluminum and stainless steel decorative hardware, primarily serving the signage, woodworking, trade show and museum exhibit industries with sophisticated mounting hardware solutions across the United States. From its headquarters in Reno, Nevada, the company continually upgrades its manufacturing processes and works to be a responsible ecofriendly manufacturer by using recycled metals and nontoxic cutting fluid, among other things.
"Steve and I are excited about what this means for the employees of Gyford," said Valerie Gyford, one of the company's co-founders. "By joining forces, both companies will benefit from manufacturing synergies, efficiencies and an increased market presence."
Her husband and co-founder, Steve Gyford, added, "Gyford and Rowmark will benefit from each other's market experience and commitment to world-class products and service to our collective customers. Our decision to sell was a difficult one, but we're looking forward to our transition into retirement."
Rowmark, a Windjammer Capital portfolio company, is a leading manufacturer and marketer of engravable plastic sheet materials. Rowmark is the most recognized global brand of engravable sheet products worldwide, sold exclusively through an international network of authorized owned and independent distributors in more than 80 countries. It is based in Findlay, Ohio.
"This is an exciting time for Rowmark, our distributors and our customers," said Rowmark President and CEO Duane Jebbett. "Our partnership with Gyford opens a whole new offering of products and possibilities. We remain committed to providing our customers with the most innovative products and the best service available to the industry."
Generational Equity Senior Vice President Don Ho was the dealmaker that successfully closed the transaction. "Gyford Productions is a leader in the sign and tradeshow industry in North America, providing the highest quality metal decorative mounting hardware in the market," said Ho. "With Rowmark's global distribution channel and sales team, the synergies from this acquisition will accelerate growth for both companies as they cross pollinate to each other's customer base."
Mr. Ho is a senior dealmaker in Senior Managing Director Michael Goss' transaction group, which serves clients primarily in the Central US region. Senior Managing Director Tom Braun established the initial relationship with Gyford Productions.
After the conclusion of the transaction, Valerie Gyford, COO and CFO of Gyford Productions said, "Don and Generational Equity have done a wonderful job for Steve and me. We can't thank them enough for their advice and hard work during this process."
Don Ho added, "It was a great privilege for Generational Equity to represent Gyford Productions in this transaction. We are extremely happy to assist Steve and Valerie Gyford in achieving their goals of retirement, while finding a great strategic buyer that will take care of their staff and legacy."
About Generational Equity
Generational Equity, Deal Force, Generational Talis Wealth Advisory, and Generational Capital Markets, member FINRA/SIPC, are part of the Generational Group, which is headquartered in Dallas and is one of the leading M&A advisory firms in North America.
With over 250 professionals located throughout North America, the companies help business owners release the wealth of their business by providing merger, acquisition and strategic growth advisory services. Their four-step approach features exit planning education, business valuation, value enhancement strategies, and M&A transactional services.
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SOURCE Generational Equity