
Generational Group Advises Fastco in its Sale to Private Investor
By Generational Group
04/14/2022
Generational Group, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, JLL49RS, L.L.C. (dba Fastco of Charlotte), to a Private Investor. The acquisition closed April 7, 2022.
Founded in 1980, and located in Charlotte, North Carolina, Fastco of Charlotte (Fastco) is a tool and fastener distributor. The Company works with most commercial construction trades, as well as industrial and government agencies. Fastco’s primary market and product focus is the commercial glazing industry, which includes fabrication and installation of storefronts, curtain walls, and unitized glazing.
Its product line includes not only fasteners but cutting tools, safety products, access equipment, and specialty tools used in the glazing trades. Fastco has a long-standing reputation for providing quality products, reliable expertise, and superior customer support.
Generational Group Executive Managing Director, M&A-Technology Practice Leader, David Fergusson, and his team, led by Senior M&A Advisor, Gene Gall, with the support of Managing Director, M&A, Alex Mironov, successfully closed the deal. Executive Managing Director Tom Braun established the initial relationship with Fastco.
“The buyer and seller worked together to make this deal happen; CIBC was extremely helpful in getting the acquisition funded,” said Gall.
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.