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Generational Group Advises Eastern DataComm in its Sale to Baymark Partners
By Generational Group
08/20/2020
Generational Group, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Eastern DataComm, Inc., to Baymark Partners. The acquisition closed July 20, 2020 and details were not disclosed.
Eastern DataComm, located in Hackensack, New Jersey, creates customized, scalable communications plans for businesses. Over the past 25 years, the Company has become established as an expert in the areas of data networking (LAN and WAN), business phone system VoIP solutions, video conferencing, wireless networking, Wi-Fi solutions, networking security, emergency notification and structured wiring.
Located in Plano, Texas, Baymark Partners (Baymark) is a growth-oriented private equity firm acquiring growing middle market service (healthcare, business and IT), distribution, manufacturing and tech-enabled (SAAS and E-Commerce) companies providing owners with liquidity and companies with resources to accelerate their growth.
The professionals at Baymark Partners possess over 95 years of successful experience in acquiring, investing and operating growth companies. Their experience ranges from early stage, high growth to fully developed market leaders. This experience, combined with its active advisory board, gives Baymark the ability to implement strategic and operational discipline required to transition middle market companies to a more mature and valuable market position.
Generational Group Executive Managing Director, M&A-Technology Practice Leader, David Fergusson, and his team led by Vice President Mergers & Acquisitions, Corey Painter successfully closed the deal. Senior Managing Director Roger Dean established the initial relationship with Eastern DataComm.
“Under the leadership of company founder Al Harnisch, Eastern DataComm has pioneered the preeminent early warning lockdown system for educational institutions. With the support of Baymark Partners, this vitally important service will now be available to more schools across the country”, said Fergusson. “This alliance of a founder-led business and a private equity firm will truly make a difference in the lives of many people.”
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 consistently ranks #1 or #2 in all LSEG league tables for deals valued between $25 million and $500 million.
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.