DALLAS, Aug. 19, 2014 (GLOBE NEWSWIRE) -- Generational Equity, a leading mergers and acquisitions advisor for privately-held, middle-market businesses, is pleased to announce the acquisition of its client, Wine Valley Siding Supply, Inc., headquartered in Bothell, Washington, by Succession Capital Inc., headquartered in San Diego, CA. The acquisition closed on August 5, 2014.
Since 1955, Wine Valley Siding Supply, Inc. has been providing high quality siding materials to home builders, subcontractors, remodelers, homeowners, and lumber yards, primarily in the state of Washington. Wine Valley Siding Supply is also the only company in its markets to offer prefinishing services on site, allowing customers to fully customize their siding and trims. Company management places a strong emphasis on superior service, customer relations and personal contact with customers. Wine Valley Siding Supply has been a valued partner to its clients for many years, as evidenced by the company's exceptionally low customer attrition. To learn more, visit http://www.winevalleysiding.com.
Managing Director Steven Crisham and his team, comprised of affiliate Steve Spencer and Vice President Mike Meredith, led the Generational Equity deal team that advised Wine Valley Siding Supply on the transaction. "Wine Valley Siding Supply is an exceptionally well run business. Succession Capital quickly recognized the opportunity to partner with the existing management team to build on the company's nearly 60 year reputation for outstanding customer service in the Northwest. Due to a superior effort by the teams at Wine Valley Siding Supply and Succession, the transaction negotiations, due diligence, and closing were accomplished in near record time. We are excited about the fit between Wine Valley Siding Supply and Succession and truly expect a very successful future as they move forward together."
Based out of San Diego, CA, Succession Capital Inc. is a diversified private equity firm focused on acquiring small to medium-sized businesses from owners looking to retire. Succession Capital targets transactions between $2 million and $8 million and utilizes a buy and hold strategy. To learn more, visit http://www.succession-capital.com.
About Generational Equity
Generational Equity provides mergers, acquisitions, strategic growth advisory services, and information for privately held and family-owned businesses to exit their companies successfully. Generational Equity uses a four-phase approach that includes education, financial analysis and reporting, sales documentation and deal-making ability to offer business owners an unparalleled level of commitment and experience, all focused on helping to release the generational equity and wealth in every business. Generational Equity is headquartered in Dallas, TX, has more than 200 professionals in North America, and was recently recognized by the M&A Advisor as the M&A Consulting Firm of the Year. For more information visit the following websites at www.genequityco.com, www.gecpress.com or http://blog.genequityco.com/.