DALLAS--(BUSINESS WIRE)--Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of GXT, Ltd., to LJA Engineering, Inc. The acquisition closed December 2, 2020.
Founded in 2001, and located in Richardson, Texas, GXT, Ltd. (GXT), is a leading pioneer in telecommunications design and is a project management consulting firm. As a well-known leader in the telecommunications industry, they provide innovative solutions to deploy projects on a timely manner and within budget. GXT’s highly decorated team has over 300 years of combined quality telecommunications experience stretching across the U.S. and can execute quality projects within their deadline driven profession. The Company offers both turnkey and individual consulting services as they continue to design sustainable telecommunications infrastructure for their clients. With a growing global telecommunication infrastructure on the horizon, they are committed to creative and effective network development.
LJA Engineering, Inc. (LJA), is an employee-owned, multi-discipline engineering firm with experience in telecommunications and utilities design, as well as right of way acquisition. LJA has 37 offices across Texas, Oklahoma, and Florida, and offers civil, transportation, midstream, rail, structural, electrical, and coastal engineering services, including environmental consultancy and surveying. LJA is ranked #65 in ENR National’s Top 500 Design Firm list and was named the 2019 Design Firm of the Year by ENR Texas & Louisiana.
Generational Equity Executive Managing Director of M&A - Central Region, Michael Goss and his team, led by Managing Director, M&A, Luan Ly, successfully closed the transaction. Senior Managing Director David Robinson established the initial relationship with GXT.
"It is truly amazing to see two groups mesh so well culturally and have similar visions going forward. I was equally impressed to be there for the deal announcement since it was well-presented and well-received by employees and there could not have been a better outcome than this one," said Ly.
About Generational Equity
Generational Equity, Generational Capital Markets (member FINRA/SIPC), Generational Wealth Advisors, Generational Consulting Group, 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 growth consulting, merger, acquisition, and wealth management services. Their six-step approach features strategic and tactical growth consulting, exit planning education, business valuation, value enhancement strategies, M&A transactional services, and wealth management.
The M&A Advisor named the company the 2017 and 2018 Investment Banking Firm of the Year and 2020 Valuation Firm of the Year. For more information, visit https://www.genequityco.com/ or the Generational Equity press room.