DALLAS, May 6, 2014 /PRNewswire/ -- Generational Equity, a leading mergers and acquisitions advisor for privately-held, middle-market businesses, is pleased to announce the acquisition of its client, Smith Environmental Laboratory Inc., headquartered in Hyde Park, New York, by Smith Environmental Acquisition LLC, headquartered in New York, New York. The acquisition closed on April 11, 2014.
Smith Environmental Laboratory Inc. is a full-service testing facility offering a wide range of environmental testing services. Through its use of state-of-the-art technology and maintenance of a rigorous quality assurance program, the Company ensures its clients receive accurate, unbiased test results. Some of the services provided by the Company include bacteriological analyses, organic and inorganic chemical analyses, septic system certification, and radon testing of air and water. The current Lab Manager for Smith Environmental Laboratory Inc., Anne Smith, will remain with the Company. There have been no changes in technical management, equipment, or location.
Managing Director Doug Smith led the Generational Equity deal team that advised Smith Environmental Laboratory, Inc., on the transaction, with the support of his Vice President, Musa Jagne, and their affiliate George Nova. "This was a natural add-on company for the buyer, and Smith Environmental Laboratory, Inc. will continue to operate unchanged," George Nova commented.
About Generational Equity
Generational Equity provides mergers, acquisitions, strategic growth advisory services, and information for privately held and family-owned businesses to exit their companies 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, has more than 200 professionals in North America, and was recently recognized by the M&A Advisor as the M&A Consulting Firm of the Year. For more information visit the following websites at www.genequityco.com, www.gecpress.com or http://blog.genequityco.com/.
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