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Generational Group Advises East Annrook Party Store in Sale to a Private Investor
By Generational Group
05/22/2019
Generational Group, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, East Annrook Party Store to a Private Investor. The acquisition closed April 9, 2019 and details were not disclosed.
East Annrook Party Store, opened in 1994, and located in Lapeer, Michigan is a retailer of beer, wine, and liquor items. The buyer is an individual investor located in the same area as East Annrook Party Store.
Generational Group Executive Managing Director of M&A – Central Region, Michael Goss and his team, led by Managing Director Jerry Yocum with support from Managing Director Ryan Johnson, successfully closed the deal. Senior Managing Director Thomas Hamm established the initial relationship with East Annrook Party Store.
“This transaction took a long time as it was an SBA transaction and the Government shutdown affected the timing, but both clients kept trying and pushing it to the finish line,” said Jerry Yocum. “The sellers are now able to retire full-time and are happy to have the transaction complete.”
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.