Generational Equity Advises East Annrook Party Store in Sale to a Private Investor
DALLAS--(BUSINESS WIRE)--May 22, 2019--
Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, East Annrook Party Store to a Private Investor. The acquisition closed April 9, 2019 and details were not disclosed.
East Annrook Party Store, opened in 1994, and located in Lapeer, Michigan is a retailer of beer, wine, and liquor items. The buyer is an individual investor located in same area as East Annrook Party Store.
Generational Equity Executive Managing Director of M&A - Central Region, Michael Goss and his team, led by Managing Director Jerry Yocum with support from Managing Director Ryan Johnson, successfully closed the deal. Senior Managing Director Thomas Hamm established the initial relationship with East Annrook Party Store.
“This transaction took a long time as it was an SBA transaction and the Government shut down effected the timing, but both clients kept trying and pushing it to the finish line,” said Jerry Yocum. “The sellers are now able to retire full time and are happy to have the transaction complete.”
About Generational Equity
Generational Equity, Generational Capital Markets (member FINRA/SIPC), Generational Wealth Advisors, and DealForce are part of the Generational Group, which is headquartered in Dallas and is one of the leading M&A advisory firms in North America.
With over 250 professionals located throughout North America, the companies help business owners release the wealth of their business by providing merger, acquisition, and wealth management services. Their five-step approach features exit planning education, business valuation, value enhancement strategies, M&A transactional services, and wealth management.
View source version on businesswire.com:https://www.businesswire.com/news/home/20190522005009/en/
CONTACT: Carl Doerksen
KEYWORD: UNITED STATES NORTH AMERICA TEXAS
INDUSTRY KEYWORD: PROFESSIONAL SERVICES CONSULTING FINANCE RETAIL FOOD/BEVERAGE WINE & SPIRITS
SOURCE: Generational Equity
Copyright Business Wire 2019.
PUB: 05/22/2019 08:00 AM/DISC: 05/22/2019 08:01 AM