
Generational Group Advises Pesco Clothing, Inc. dba Philip Michael Fashion for Men in its Sale to a Private Investor
By Generational Group
02/27/2025
Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of its client’s four Virginia menswear stores and the prior sale of its North Carolina store, Pesco Clothing, inc. dba Philip Michael Fashion for Men to a Private Investor. The acquisition closed December 31, 2024.
Generational Group Executive Managing Director, M&A, Eastern Region – David Fergusson, and his team led by Generational Affiliate, Bobby Blumenfeld with the support of Vice President, M&A, Emil Nirkis successfully closed the deal. Executive Managing Director and Group Leader, Randy Kamin and Senior M&A Advisor, Dave Heymann established the initial relationship with Pesco Clothing, inc. dba Philip Michael Fashion for Men.
Ryan Binkley, CEO of Generational Group, added, “At Generational Group, we are proud to facilitate such impactful transactions.”
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.