
Generational Group Advises Training Network in Sale to JER HR Group
By Generational Group
10/09/2018
Generational Group, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Long Island Productions Inc. dba Training Network, to JER HR Group. The acquisition closed August 31, 2018.
For more than 35 years, Training Network has provided high-quality health and safety training programs to companies of all sizes and industries. With more than 900 programs on over 80 topics, the company’s courses help employees stay safe and in compliance with the latest OSHA and industry regulations. The wide variety of safety training videos are available online, streaming and on DVD. Training Network is based in Durham, North Carolina, and is an authorized GSA Contractor. It will become a division of JER HR Group.
JER HR Group is a leading human resource firm with experts in 25 states, handling more than 150 unique projects every year. It helps companies large and small recruit, retain and develop a valuable resource – their people. JER can be an external support team or a complete HR department, depending on clients’ needs. The company is headquartered in New York City.
Generational Group Senior Managing Director Julie Sandoval’s team, led by trusted Sr. Advisor Genell Boyer with support from VP Alex Mironov, successfully closed the deal. Executive Managing Director Bill Kushnir established the initial relationship with Training Network.
“After reviewing several interested candidates to purchase her company, Billie Straub chose Mahesh Kumar,” said Boyer.
“Mahesh’s expertise in growth and strong ability to communicate with her employees made an easy transition that confirmed he was a perfect fit for her company. This transaction took only six weeks to close.”
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.