Generational Group Advises Riechers Truck Bodies in Sale to Coin Acceptors, Inc.

By Generational Group

05/16/2018

Generational Group, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Clover M Enterprises, LLC dba Riechers Truck Bodies & Equipment Co., to Coin Acceptors, Inc. The acquisition closed April 20, 2018.

Riechers Truck Bodies, based in Washington, Missouri, has been manufacturing the highest quality truck bodies since 1934. In addition to mass production, the business can design and customize truck beds to meet customer specifications such as stake, platform, chipper, farm and other types of beds. It also manufacturers trailers and carries a full line of truck body accessories.

Coin Acceptors is a 60-year-old company that provides the unattended point-of-sale industry with currency services and refrigerated vending equipment. Based in St. Louis, Missouri, the family-owned company was seeking to diversify its wealth by investing in manufacturing businesses with metal fabricating capabilities and other processes with which it is familiar.

Generational Group Senior Managing Director Michael Goss successfully closed the deal, and Senior Managing Director Roger Dean established the initial relationship with Riechers.

"This transaction represents a very solid fit for both Coin Acceptors, and the owners of Riechers – Gil, Wayne, and Roland Mohesky," said Goss.

"The Mohesky family was looking to exit their investment and move closer to full retirement, and Gil will continue to partner with Coin Acceptors and its team to ensure a smooth and successful transition."

About Generational Group 

Generational GroupDealForce, and Generational Capital Markets, member FINRA/SIPC, are part of the Generational Group, which is headquartered in Dallas and is one of the leading M&A advisory firms in North America.

With over 250 professionals located throughout North America, the companies help business owners release the wealth of their business by providing merger, acquisition and strategic growth advisory services.

Their four-step approach features exit planning education, business valuation, value enhancement strategies, and M&A transactional services.

The M&A Advisor named the company the 2016 and 2017 Investment Banking Firm of the Year. For more, visit the https://www.genequityco.com/ or the Generational Group press room.


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.