DALLAS--(BUSINESS WIRE)--Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Bigham Services, Inc. to a TransPacific Holdings. The acquisition closed January 15, 2020 and details were not disclosed.
Bigham Services, Inc. is located in Santa Rosa, California. The Company is the owner of multiple One Hour Heat and Air Conditioning and multiple Mister Sparky Franchises in the San Francisco Bay Area. One Hour Heating and Air Conditioning and Mister Sparky are Franchises under the Authority Brands Family.
TransPacific Holdings is located in Los Angeles, California. TransPacific Holdings management team consists of the most recognizable, respected, and successful individuals in the HVAC industry. Altogether they have more than 180 years of extensive hands-on experience and offer a wide range of expertise in diverse areas of business.
Generational Equity Executive Managing Director of M&A – Western Region, Stephen Crisham and his team, led by Vice President Mergers & Acquisitions Chad Comroe, successfully closed the deal. Executive Managing Director Tom Braun established the initial relationship with Bigham Services, Inc.
“This is an exciting opportunity for Bigham Services and TransPacific Holdings,” said Chad Comroe. “This acquisition provides better opportunities for our client with growth and synergies that could not be achieved separately. I look forward to hearing what the team can accomplish together.”
Paul Bigham, the CEO of Bigham/TPH said, “It’s rare that a consolidator has a heart for the people in the business over the numbers. I continue to be impressed by the leadership in TPH that is putting investments in place to ensure that every team member in the company has a part in the success of this venture.”
Shawn Ohayon, the CEO and President of TransPacific Holdings added, “We recognize that people are the most important asset that we have in the service business. For that reason, we believe we should recognize and reward those men and women on the front lines and support positions. We believe when we take care of the team members, they will take care of the customer and when the customer is happy, the money will follow. That’s a three way win the TPH way. We are looking forward to great things from this new partnership.”
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.