DALLAS--(BUSINESS WIRE)--Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Florida Overhead Door & Specialties, Inc. to a Private Investor. The acquisition closed February 19, 2021.
Florida Overhead Door & Specialties (FOD), is a franchisee and authorized distributor for Overhead Door products; FOD has the exclusive rights to operate as an Overhead Door distributor in nine counties in North Central Florida.
FOD specializes in installing garage doors and garage door openers/controllers, catering to residential and commercial customers. Additionally, the Company also provides maintenance and emergency services on garage doors.
FOD operates from two locations – Gainesville, Florida (established in 1983) and Ocala, Florida (1996). The Company has developed an outstanding reputation in its regional markets over the past 35 years.
Generational Equity Executive Managing Director, M&A-Technology Practice Leader, David Fergusson, and his team led by Senior Managing Director of Mergers and Acquisition, Barry DeWitt, with the support of Vice President, Mergers & Acquisitions, Alex Mironov successfully closed the deal. Senior Managing Director Thomas Hamm established the initial relationship with FOD.
“It was a pleasure working with both buyer and seller. The transaction allowed each party to accomplish a major goal. The seller can now retire and spend a lot more time with family and fishing, while the buyer has acquired a company that is poised for continued success in a rapidly growing market, with a geographic footprint and business model that fits perfectly within the buyers wheelhouse,” said DeWitt.
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.