DALLAS–(BUSINESS WIRE)–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.
The M&A Advisor named the company the 2016, 2017, and 2018 Investment
Banking Firm of the Year. For more information, visit https://www.genequityco.com/ or
the Generational
Equity press room.
Contacts
Carl Doerksen
972-232-1125
[email protected]
