
Generational Group Advises A&R Services in Sale to WaterStation Technology
By Generational Group
08/23/2018
Generational Group, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, A&R Services, to WaterStation Technology LLC. The acquisition closed May 8, 2018.
A&R Services is a vending machine supplier for micro market, fresh food, candy, soda, snack and coffee vending machines, as well as a vending supply products provider for the greater Colorado Springs and Denver, Colorado market. It is based in Colorado Springs.
WaterStation Technology designs and manufacturers bottle-less water stations that are environmentally friendly and human healthy. The company, based in Everett, Washington, has developed groundbreaking self-serve purification systems that produce premium mineral water that is not only more affordable than most bottled water but also much more ecologically responsible.
Generational Group Senior Managing Director Stephen Crisham’s team, led by trusted affiliate Connie Arcement-Flynn with support from VP Lori Galloway, successfully closed the deal. Executive Managing Director Edward Weber established the initial relationship with A&R Services.
“My job is especially rewarding when I can be instrumental in bringing two synergistic companies together, to make them both even stronger in the market,” said Connie Flynn.
“With WaterStation’s ambitions to disseminate their water filtration systems into the corporate U.S. environment with A&R Services’ penetration in that space, this promises to be a successful merger, resulting in a successful enterprise.”
About Generational
Generational Group, headquartered in Dallas, TX, is a leading, award winning full-service M&A advisory firm. Generational has over 300 professionals across 16 offices in North America. The firm empowers business owners to unlock the full value of their companies through a comprehensive suite of services—including strategic growth consulting, exit planning education, business valuation, value enhancement strategies, M&A advisory, digital solutions, and wealth management.
Celebrating its 20th year, Generational has successfully closed over 1,700 transactions and has ranked #1 or #2 in all LSEG league tables for deals valued between $25 million and $500 million in 2022, 2023, and 2024.
The firm was named 2024 USA Investment Banking Firm of the Year by the Global M&A Network and recognized as Investment Banking Firm of the Year by The M&A Advisor in both 2024 and 2022.