DALLAS--(BUSINESS WIRE)--Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Precision Restoration Services to Private Investors. The acquisition closed June 23, 2021.
Located in Weaverville, North Carolina, Precision Restoration Services (PRS), provides insurance restoration contracting for residential and commercial emergency services, and full structural repairs following water, mold, fire, smoke, and storm damage. PRS is fully insured and certified to work on homes and businesses located in North Carolina.
From emergency services to turnkey repairs, PRS works closely with customers to ensure job satisfaction on restoration projects. The Company differentiates itself from competition by being a full-service restoration business. PRS is fully capable of doing both water damage cleanup, and restoration on any home or business located in the mountain region of North Carolina.
The Company’s staff and service technicians adhere to the protocols and guidelines for restoration services, including state, federal, and Institute for Inspection, Cleaning, and Restoration Certifications (IICRC) guidelines. All PRS water damage restoration technicians have gone through a rigorous training process for proper use of techniques, equipment, and other necessary protocols.
Generational Equity Executive Managing Director, M&A-Technology Practice Leader, David Fergusson, and his team led by Managing Director, Mergers and Acquisitions, Jack Sluiter, with the support of Vice President, Mergers & Acquisitions, Tristan Keeffe, successfully closed the deal. Senior Managing Director Thomas Hamm established the initial relationship with PRS.
“Working with our clients at PRS has been a privilege. They’re great people, built a great business and have just closed on a great transaction,” said Sluiter.
Sluiter added, “After courting several high-quality buyers from the private equity world, the best buyer ended up being two private investors real close to home. It worked out great for all parties.”
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.
