DALLAS, April 15, 2011 /PRNewswire/ -- Generational Equity, a leading advisor to privately-held and family-owned businesses for mergers and acquisitions, is pleased to announce the sale of its client MedSolutions LLC to a private investor. The deal team on the transaction, which closed on February 28, 2011, was led by Managing Directors Stephen Crisham, Lori Galloway and Robert Gurrola. Stephen Crisham, stated, "We had identified a buyer from out-of-state who was keen on moving to California and be in this industry. As a result of focusing on those aspects of the deal, we were able to complete the transaction even though it took slightly longer than the average deal."
"The Generational Equity team's ability to describe the value of the seller's company is crucial when talking with potential buyers," said Generational Equity President Ryan Binkley. "This is one reason the buyer showed interest and was willing to travel out-of-state to see the company first –hand."
MedSolutions LLC, located in Brentwood, California, is a full-service durable medical equipment (DME) and supply distributor. The company maintains relationships with over 55 insurance companies and third party payers including Medicare and Medicaid. MedSolutions has made a name for itself in the industry through outpatient efficiency, professionalism and cost containment. The company's JCAHO accreditation is an example of MedSolutions' commitment to quality and continuous effort to improve.
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, and has more than 200 professionals in North America. For more information visit the website at www.genequityco.com or www.gecpress.com.
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