DALLAS, Nov. 8, 2017 /PRNewswire/ -- Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Kohl Building Products, to SRS Distribution Inc., a portfolio company of Berkshire Partners LLC. The acquisition closed April 28, 2017. Details were not disclosed.
Kohl Building Products, based in Reading, Pennsylvania, is a family-owned regional distributor of roofing and other complementary building materials that serves Central Pennsylvania and Maryland through its eight locations. Co-owners Tom and Deb Kearse, along with Kohl's sales and operations team, will remain with the company.
SRS Distribution, based in McKinney, Texas, is a private roofing distribution holding company sponsored by Berkshire Partners. With the acquisition of Kohl, SRS has over 180 locations across 41 states operating under 18 unique brand names.
Generational Equity's Vice President of Mergers & Acquisitions Fred Zweifel successfully closed the deal. Edward Weber, Executive Managing Director with Generational Equity, established the initial relationship with Kohl.
"Kohl Building Products provided a strong strategic opportunity for SRS Distribution," said Zweifel. "I am excited that Kohl has found a long-term partner who shares the company's culture and vision and will provide valuable support for the continued expansion of the business."
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. Generational Equity is one of the leading M&A advisory firms in North America. 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 or the Generational Equity press room.