Generational Group Advises Sonic Soil Sampling in its Sale to Smith and Long

By Generational Group

07/24/2020

Generational Group, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Sonic Soil Sampling, Inc., to Smith and Long, LTD. The acquisition closed July 6, 2020 and details were not disclosed. 

Located in Vaughn, Ontario, Canada, Sonic Soil Sampling (Sonic) provides a variety of environmental and geotechnical services to its clients. Sonic places a strong emphasis on the quality of its work.  The Company offers its customers a cost-efficient and effective service to the environmental, geotechnical and mining sectors throughout the world, enabling them to conduct a more viable site assessment. Their reputation for quality, workmanship and a willingness to help their customers has been key to their success since 1981.

Since its inception in 1930, Smith and Long (located in Markham, Ontario, Canada) has built a reputation for service excellence by constantly refining and expanding its technical capabilities and by attracting and maintaining a professional and experienced staff of the highest possible caliber. Today, Smith and Long provides one of the most comprehensive service offerings in the industry, meeting the needs of a diverse clientele within virtually every facet of commercial, industrial, and institutional facilities. Some of the services they provide include: Electrical and mechanical services, engineering services, integrated automation & control systems, structured cabling, and safety & training programs.

Generational Group Executive Managing Director, M&A-Technology Practice Leader, David Fergusson, and his team led by Senior Managing Director, M&A, Mike Hammer, with support from Vice President Mergers & Acquisitions, Corey Painter, successfully closed the deal. Senior Managing Director Rick Buchoz established the initial relationship with Sonic.

“The synergies for the buyer and the motivation of the seller provided the strong values in this transaction,” said Hammer.


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.