
Generational Group Advises Atlantic Refrigeration in Sale to Sunday River
By Generational Group
09/05/2019
Generational Group, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Atlantic Refrigeration of Hudson to Sunday River LLC. The acquisition closed July 31, 2019 and details were not disclosed.
Located in Hudson, Massachusetts, Atlantic Refrigeration of Hudson is a company dedicated to providing refrigeration & HVAC emergency service, preventative maintenance, design and installation to the commercial market. Family owned and professionally operated for almost 50 years, the company services commercial customers in Massachusetts and southern New Hampshire, specializing in convenience stores, fast food chains, property management groups, healthcare, education and cannabis industries. The company is committed to providing superior quality and best-in-class service to their customers.
Sunday River LLC is committed to finding and growing established businesses that provide value to their customers, partners and employees with the utmost integrity. Sunday River is an organization with entrepreneurial roots and a data-driven, long term approach.
Generational Group Executive Managing Director of M&A – Eastern Region, David Fergusson, and his team, led by Senior M&A Advisor Jeff Carignan and supported by Vice President Corey Painter, successfully closed the deal. Senior Managing Director Brian Hendershot established the initial relationship with Atlantic Refrigeration.
According to Carignan, “Both parties remained enthusiastic and motivated to obtain a mutually beneficial close, even with the diligence issues that arose. Respect and professionalism helped guide each party.”
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.