DALLAS--(BUSINESS WIRE)--Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, RHJR Ltd. (DBA - Bridgeport Building Centers- the “Company”) to Nation's Best Holdings LLC. The acquisition closed March 10, 2020 and details were not disclosed.
Bridgeport Building Centers, headquartered in Bridgeport, Texas has five locations located throughout the Dallas-Fort Worth metroplex. Founded in 1985, the Company is dedicated to meeting the needs of builders, contractors and homeowners with quality materials and outstanding service at fair prices.
Founded in 2019 and headquartered in Crested Butte, Colorado, Nation’s Best currently operates 9 locations with more than 200 associates in Texas and Oklahoma. Nation’s Best is comprised of locally branded hardware stores, home centers, and lumber yards, focusing on people and relationships, first and foremost.
Ronnie Hess, representing the leadership team at Bridgeport Building Centers, said, “The opportunity to partner with Nation’s Best provides the Company and its associates with the tools and resources necessary to support continued growth.” He added, “We are proud of what we have accomplished over the past 30 years and look forward to providing our customers with the highest quality of service in the years to come.”
“We are pleased to welcome Bridgeport Building Centers to the Nation’s Best family of companies, which increases our presence in the strong and growing Dallas-Fort Worth market,” said Chris Miller, President and CEO of Nation’s Best. “Bridgeport Building Centers is a great fit within our portfolio, and we look forward to the Company’s continued success in the years to come.”
As part of Nation’s Best’s acquisition strategy, Bridgeport Building Centers will operate under its existing name with its key leadership team continuing to oversee the company alongside Nation’s Best, which will provide the strategic and financial support necessary to achieve optimal growth and profitability.
The transaction was led by Generational Equity’s Sr. Managing Director Mergers & Acquisitions Fred Zweifel, Executive Managing Director of M&A –Western Region, Stephen Crisham, with support by Julio Dominguez, Senior Vice President. Executive Managing Director, Randy Kamin established the initial relationship with Bridgeport Building Centers.
“Bridgeport Building Centers represented a great opportunity for Nation’s Best,” said Zweifel. “This strategic transaction will bring a strong presence in the Dallas-Fort Worth market for Nations Best.”
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.