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Generational Group Advises Fab Weld Steel in its Sale to Pilot Point Steel
By Generational Group
02/02/2023
Generational Group, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client Fab Weld Steel, Inc. to Pilot Point Steel, LLC. The transaction closed December 2, 2022.
Fab Weld Steel (FWS), located in Randolph, Alabama, provides structural steel fabrication, metal deck, and bar joist services. The Company specializes in commercial and municipal works for shopping centers, office buildings, warehouses, grocery stores, hospitals, and grocery stores. FWS’ success is due to its well-known name and reputation, built from a strong work ethic, great results, and excellent customer service.
Located in Pilot Point, Texas, Pilot Point Steel is a subsidiary of Dakota Holdings II, LLC of Dallas, Texas.
Generational Group Executive Managing Director of M&A – Central Region, Michael Goss, and his team, led by Senior M&A Advisor, Sam Sumner, with the support of Vice President, M&A, Lance Thomasson, successfully closed the deal. Senior Managing Director Doug Morrow established the original relationship with FWS.
“The acquisition of FWS provides Dakota Holdings with significant fabrication capabilities in the Southeast,” said Sumner.
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.