Generational Equity Advises Poepping, Stone, Bach & Associates in Sale to Private Investor

By Generational Equity


Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client – Poepping, Stone, Bach & Associates Inc. – to a private investor. The acquisition closed June 4, 2018.

Poepping, Stone, Bach & Associates (PSBA) is a full-service architecture and engineering firm dedicated to making the community a more functional and desirable place to work.

PSBA’s experienced staff performs new building design, provides rehabilitation and renovation to existing buildings, and restores and preserves historic buildings. Other services provided include surveying, geographic information system (GIS) services, and highway, utility and land use planning.

The company is based in Quincy, Illinois, and also has offices in Keokuk, Iowa, and Hannibal, Missouri. PSBA President Michael Purol will stay in his position and continue to run the company.

The private investor is in a similar line of business and is interested in building PSBA through additional acquisitions.

Generational Equity Senior Managing Director Doug Smith’s team, lead by Managing Director Jerry Yocum with support from Managing Director Musa Jagne, successfully closed the deal.

“This was a very good fit from a cultural standpoint. The buyer has an engineering background and was close to the PSBA location,” said Yocum.

“The transaction including retaining all the staff with the founder transitioning to retirement in the near future.”

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