DALLAS--(BUSINESS WIRE)--Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of K.C. Electric Systems, Inc. to a Private Investor. The acquisition closed December 29, 2020 and details were not disclosed.
Located in Carrollton, Texas, K.C. Electric is an electrical contractor serving the commercial and industrial sectors throughout the Dallas Fort Worth metropolitan area. Revenue is generated from a mix of the Company’s product offerings, including: Remodeling, new construction, and service. K.C. Electric serves grocery stores, full-service restaurants, industrial spaces, quick-serve restaurants, and retail establishments. The Company has 150 active clients and a client list of over 200 making it one of the leading electrical contracting firms in the Dallas metro area.
Generational Equity Executive Managing Director of M&A - Central Region, Michael Goss and his team, led by Managing Director Mergers & Acquisitions, Cory Strickland, with support from Vice President of Mergers and Acquisitions, Jacob Mangalath successfully closed the transaction. Senior Managing Director James Carr established the initial relationship with K.C. Electric.
“It was a pleasure to work with such a great company and to be part of the team to bring a great buyer and seller together to take K.C. Electric Systems to the next level, which we know will continue far into the future,” said Strickland.
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 Valuation Firm of the Year in 2020. For more information, visit https://www.genequityco.com/ or the Generational Equity press room.