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Generational Group Advises Hales Engineering in its Sale to Salt Brothers Holdings
By Generational Group
11/27/2024
Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of its client Hales Engineering, LLC to Salt Brothers Holdings, LLC. The acquisition closed April 26, 2024.
Hales Engineering (Hales), located in Lehi, Utah, specializes in providing traffic engineering and transportation planning services to clients in the public and private sectors. Importance is placed on developing creative, cost-effective, and technically sound solutions to planning and design problems associated with all modes of transportation.
Over the last 20 years the Hales’ professional staff has developed a considerable reputation in the traffic engineering and transportation planning fields. Hales’ commitment to quality and personal service is evidenced in its large number of repeat clients. The many transportation developments planned and evaluated by the Company are further testimony to the creative talent, extensive practical experience, and consensus-building ability of Hales’ staff.
Generational Group Executive Managing Director, M&A – Western Region, Lori Galloway, and her team led by Senior Managing Director, M&A, Fred Zweifel closed the transaction. Senior Managing Director, James Carr established the initial relationship with Hales
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.