DALLAS--(BUSINESS WIRE)--Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of its client, Clareblend, Inc., in its sale to Silhouet-Tone. The acquisition closed October 2, 2024.
Located in Reno, Nevada, Clareblend, Inc. manufactures electrology and microcurrent devices for the medspa and skincare industries. Their innovative equipment is designed to support professionals in delivering advanced aesthetic treatments, with a focus on effectiveness and user satisfaction. Clareblend's devices are recognized for their quality and cutting-edge technology, positioning the company as a trusted provider in the beauty and wellness sectors.
Silhouet-Tone, established in 1965 and based in Quebec, Canada, is a leader in the beauty industry known for its innovative use of cutting-edge technology. The company specializes in high-quality equipment for aesthetic professionals, offering two main product lines that prioritize effectiveness and user satisfaction. Committed to evolving in the beauty sector, Silhouet-Tone continues to provide impactful solutions for skincare and wellness.
Generational Group Executive Managing Director of M&A – Western Region, Lori Galloway, and her team, led by Generational Senior Vice President, M&A, Amy Wall, closed the deal. Executive Managing Director, Tom Braun, and Senior M&A Advisor, Michael Querard, established the initial relationship with Clareblend, Inc.
Ryan Binkley, CEO of Generational Group, added, "This transaction highlights our commitment to facilitating deals that create lasting value for both parties. At Generational Group, we are proud to have played a role in bringing together two organizations poised for continued success."
About Generational Group
Generational Group, headquartered in Dallas, is a leading, award-winning, full-service business advisory firm. With more than 350 professionals located throughout 17 offices in North America, the company helps business owners release their business’ wealth by providing growth consulting, merger, acquisition, and wealth management services. The Generational suite of advisory services includes strategic growth consulting, exit planning education, business valuation, value enhancement strategies, M&A services, digital services, and wealth management. For more information visit generational.com.
