DALLAS--(BUSINESS WIRE)--Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Mel's Heater Service, LLC to a Private Investor. The acquisition closed April 29, 2022.
Located in Intercourse, Pennsylvania, Mel’s Heater Service (MHS) offers sales, installation, and service of waste oil furnaces as well as heaters. Specifically, MHS’ product line includes waste oil furnaces, waste oil boilers, gas boilers, radiant floor heat systems, macro-air fans, and other complementary products. To support operations, the Company is an authorized dealer for the leading industry manufacturer EnergyLogic. Overall, the Company is well known in the regional market, and has an excellent reputation for the breadth of products offered, customer service, technical knowledge, and the timely delivery of products.
Generational Equity Executive Managing Director, M&A-Technology Practice Leader, David Fergusson, Senior M&A Advisor, James Nelson, with the support of Managing Director, M&A, Corey Painter successfully closed the deal. Senior Managing Director, Thomas Hamm established the initial relationship with MHS.
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 more than 300 professionals located throughout 16 offices in 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 Investment Banking Firm of the Year three years in a row, Valuation Firm of the Year in 2020, and North American Investment Bank of the Year in 2022 as well as Consulting Firm of the Year. For more information, visit https://www.genequityco.com/ or the Generational Equity press room.
