DALLAS, March 28, 2017 /PRNewswire/ -- Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Interprovincial Meat Sales Ltd. to Premium Brands Holdings Corporation. The acquisition closed February 2, 2017. Details were not disclosed.
Interprovincial Meats, based in Dartmouth, Nova Scotia, is a meat trader and distributor of beef, poultry and pork that serves the eastern provinces of Canada.
Premium Brands owns a broad range of leading specialty food manufacturing and differentiated food distribution businesses with operations in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, Nova Scotia, Nevada, Ohio, Arizona and Washington State.
The acquisition of Interprovincial Meats gives Premium Brands an entry into business in the eastern provinces.
Generational Equity Managing Director Douglas Smith's team, headed by trusted affiliate Mike Hammer with support from Generational Equity Vice President Musa Jagne, successfully closed the deal.
"The company was well managed and generated several offers," said Hammer. "Fortunately the best buyer provided the best deal."
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. Their four-step approach features exit planning education, business valuation, value enhancement strategies, and M&A transactional services. The M&A Advisor recently named the company its 2016 Investment Banking Firm of the Year. For more, visit http://www.genequityco.com and http://www.gecpress.com.
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