Transaction
Share
Generational Group Advises SHIPS-a-Lot in an Investment by Private Investor
By Generational Group
08/17/2020
Generational Group, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce that a Private Investor has made an investment in its client, Mach 7.4, Inc. (dba SHIPS-a-Lot). The acquisition closed August 5, 2020 and details were not disclosed.
SHIPS-a-Lot, located in Memphis, Tennessee, is a third-party logistics company that handles ecommerce fulfillment. The Company was founded in 2015 when three e-commerce entrepreneurs were running an online beef jerky company. Trying to scale the business, they looked for a fulfillment center to help with orders as they worked on growth. This is when Max and Zach Zitney, and their co-founder Zach Lukaszek, realized that a lot of fulfillment centers were really traditional warehouses converted into “e-commerce fulfillment centers”. They decided to create a fulfillment center that truly understood e-commerce and did so with the creation of SHIPS-a-Lot.
Generational Group Executive Managing Director of M&A – Central Region, Michael Goss, and his team, led by Senior M&A Advisor, Andrew Byrd, successfully closed the deal. Senior Managing Director Terry Stidham established the initial relationship with SHIPS-a-Lot.
“SHIPS-a-Lot has a bright future and I am glad we found our clients exactly what they were looking for,” said Byrd.
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.