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Generational Equity Advises Its Client in Recapitalization by KLH Capital
By Generational Equity
10/14/2021
Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the recapitalization of its client, a precision tank & cylinder manufacturer (the Company), by KLH Capital. The recap closed September 8, 2021.
Based in the Midwest, the Company is a manufacturer of aluminum and composite-wrapped cylinders, tanks, and other components sold to top tier OEM customers in the consumer, defense, industrial, medical, and sporting goods industries.
Founded in 2005, KLH Capital is a private equity firm serving family- and founder-owned, lower-middle-market companies in the specialty services, value-added distribution, and niche manufacturing industries. The firm makes majority and minority equity investments in U.S.-based businesses to support the company’s growth plans, provide ownership opportunities for key managers, and allow owners to harvest the value in their businesses.
“The guys have built a phenomenal business, going far beyond just manufacturing, through its supply chain management services. Their growth is a true testament to the vision of the team,” said Chris Hart, Partner at KLH Capital.
Hart added, “Management has done a terrific job shaping the Company for continued success, and we look forward to providing the resources to support them as they take the Company to the next level.”
“It was clear from our first conversation with KLH that they shared a knowledge of our business that elevated them from others who had approached us previously. We have one goal; growth, and that requires a certain type of partner,” explained the CEO of the Company.
Generational Equity Executive Managing Director of M&A – Central Region, Michael Goss, and his team, led by Managing Director Mergers & Acquisitions, Jerry Yocum, with support from Managing Director Mergers & Acquisition, Ryan Johnson, successfully closed the deal.
“This buyer and seller are both very aligned to grow the company. There are large opportunities for new markets that they can achieve together,” said Yocum.
About Generational
Headquartered in Dallas, Generational is one of the leading M&A advisory firms in North America.
With more than 350 professionals located throughout 17 offices in North America, the companies help business owners release the wealth of their business by providing growth consulting, merger, acquisition, and wealth management services. Their six-step approach features strategic and tactical growth consulting, exit planning education, business valuation, value enhancement strategies, M&A transactional services, and wealth management.
The M&A Advisor named the company Investment Banking Firm of the Year three years in a row, Valuation Firm of the Year in 2020, and North American Investment Bank of the Year in 2022 as well as Consulting Firm of the Year. For more information, visit https://www.generational.com.