DALLAS, March 14, 2017 /PRNewswire/ -- Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, The Mell Group, LLC of Birmingham, Alabama, to a private investor in Slidell, Louisiana. The acquisition closed December 1, 2016. Details were not disclosed.
The Mell Group is a manufacturer representative for library furniture and shelving with exclusive rights in Alabama. The company also sells auditorium seating.
The private investor who acquired The Mell Group is a skilled and successful salesman with experience in the library furniture and shelving industry.
Generational Equity Vice President Mark Breheny and Managing Director Don Sawyer's team, headed by trusted dealmaker Sam Sumner, successfully closed the deal.
"This was a very good match," said Sumner. "Finding an experienced person in this industry was a key to this successful closing."
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.
For more information:
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/generational-equity-announces-sale-of-the-mell-group-to-a-private-investor-300420970.html
SOURCE Generational Equity