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Generational Group Advises Mel’s Heater Service in its Sale to Private Investor
By Generational Group
01/03/2023
Generational Group, a leading mergers and acquisitions advisor for privately held businesses, is pleased to
announce the sale of its client, Mel’s Heater Service, LLC, to a Private Investor. The acquisition closed April 29, 2022.
Located in Intercourse, Pennsylvania, Mel’s Heater Service (MHS) offers sales, installation, and service of waste oil furnaces as well as heaters. Specifically, MHS’
product line includes waste oil furnaces, waste oil boilers, gas boilers, radiant floor heat systems, macro-air fans, and other complementary products. To support operations, the Company is an authorized dealer for the leading industry manufacturer
EnergyLogic. Overall, the Company is well known in the regional market, and has an excellent reputation for the breadth of products offered, customer service, technical knowledge, and the timely delivery of products.
Generational Group Executive Managing Director, M&A-Technology Practice Leader, David Fergusson, and his team, led by Senior M&A Advisor, James Nelson, with the support of Managing Director, M&A, Corey Painter, successfully closed the deal. Senior Managing Director Thomas Hamm established the initial relationship with MHS.
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.