Generational Equity Announces the Acquisition of Northwest Fastener Sales, Inc. by Monroe Engineering Products, LLC
Resource from: PRNewswire Likes:204
Nov 19,2014
DALLAS, Nov. 18, 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, Northwest Fastener Sales, Inc., headquartered in Tualatin, Oregon, by Monroe Engineering Products, LLC, located in Auburn Hills, Michigan. The acquisition closed on October 31, 2014.
With more than 40 years of excellent service, Northwest Fastener Sales is an established industrial wholesale distributor of threaded fasteners and specialty products. It is also the exclusive manufacturer's representative throughout the Pacific Northwest for several premium lines of fasteners. The Company serves a diverse customer base of 200 mid-size companies with full production lines, ultimately serving as an extension of its customers' purchasing departments. To learn more, visit www.northwestfastenersales.com.
Managing Director Stephen Crisham and his team, including affiliate Curtis Case and Vice President Lori Galloway, led the Generational Equity deal team that advised Northwest Fastener Sales on the transaction. "Northwest Fastener Sales (NWFS) is an exceptionally well managed business with excellent growth potential. The principals of Monroe Engineering (Monroe) quickly recognized the opportunity to partner with the existing management team, combined with their own broad product offerings, to build on the company's long term reputation for outstanding customer service in the Northwest," stated Crisham. He added, "To their great credit, our client and buyer, as well as their respective legal and accounting advisors, were professional, reasonable and worked expeditiously to complete due diligence and documents to close the transaction on schedule. Generational Equity is excited about the fit between NWFS and Monroe, and truly expects a very successful future as they move forward together."
Founded in the 1950's, Monroe is a global industrial manufacturing and distribution company offering 50,000 SKU's across over 25 product lines. Monroe is ISO 9001:2008 and AS9100 certified and has a diverse customer base of manufacturers, distributors and catalog-houses across several vertical markets. To learn more, visit www.monroeengineering.com.
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.
(PRNewswire)
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1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
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