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Generational Equity Advises Balar Holding Corp. in its Sale to Industrial Truck & Equipment

By Generational Equity

09/15/2022

Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Balar Holding Corp. (dba Balar Equipment), to Industrial Truck & Equipment, LLC. The transaction closed September 1, 2022.
Located in Phoenix, Arizona, Balar Equipment (Balar) is a leading dealer of refuse truck bodies, hydraulic tools, and customized truck bodies used for street, water, and sewer maintenance in the State of Arizona. The Company sells a variety of customized equipment solutions as well as standard product lines of the manufacturers that Balar represents, which include Heil, Vac-Con, Schwarze, PB, Wachs, and Stanley, among others. The majority of revenue is generated from the sale of equipment.
Generational Equity Executive Managing Director of M&A – Western Region, Stephen Crisham, and his team, led by Senior M&A Advisor, Jerry Glover, with the support of Vice President – Western Region, Bo Zhao, closed the transaction. Senior Managing Director Doug Morrow established the initial relationship with Balar.
“It was a real pleasure working with the Balar leadership team. Their outstanding industry knowledge, professionalism and flexibility were very welcome,” said Glover.

About Generational

Generational Group, headquartered in Dallas, Texas, is a leading, award-winning full-service M&A advisory firm. With over 300 professionals across 15 offices in North America, the company helps business owners unlock the full value of their businesses through a comprehensive suite of advisory services. These include strategic growth consulting, exit planning education, business valuation, value enhancement strategies, M&A advisory, digital solutions, and wealth management.

The M&A Advisor named Generational Group Investment Banking Firm of the Year in 2016, 2017, 2018, 2022 & 2024. They also awarded us Valuation Firm of the Year and M&A Consulting Firm of the Year in 2022 and 2023. For more information, visit: https://www.generational.com.