Transaction
Share
Generational Group Announces the Acquisition of FinishLine Technologies by Spray Equipment & Service Center, Inc.
By Generational Group
05/24/2016
Generational Group, a leading mergers and acquisitions advisor for privately-held, middle-market businesses, is pleased to announce the acquisition of its client, FinishLine Technologies, headquartered in Columbus, Indiana, by Spray Equipment & Service Center, Inc., headquartered in Wichita, Kansas. The acquisition closed on March 31, 2016.
FinishLine Technologies (FinishLine) designs, building, installs, and services spray paint systems used within the industrial and automotive OEM paint and coating market.
Additionally, FinishLine provides paint, powder coatings, pre-treatment chemicals, adhesives and sealants to meet every requirement. To learn more, visit www.flt-inc.com.
Managing Director Doug Smith, Vice President Ryan Johnson, and Affiliate Tom Poyser led the Generational Group deal team that advised FinishLine on the transaction.
“With both parties committed to the long-term growth of the business, synergistic planning helped to get the deal closed,” stated lead dealmaker Tom Poyser.
Spray Equipment & Service Center specializes in selling and serving spray equipment to industrial customers applying a wide range of coatings. The Company was founded to deliver the specialized equipment required for industrial finishing systems.
Learn more by visiting www.sprayequipment.com.
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.