Generational Equity Advises Total Systems Control in Sale to Multi-Flow Industries

By Generational Equity


Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Total Systems Control Inc., to Multi-Flow Industries. The acquisition closed September 5, 2018.

Located in Large, PA, Total Systems Control provides professional services to businesses operating within the hospitality and beverage industries. Founded in 1997, it is a certified vendor with the PA Gaming Commission as well as a certified Pure Flow Perlick Dealer, offering a variety of bar services and products to its customers.

Multi-Flow is also a Pennsylvania-based business, headquartered in Huntingdon Valley. Founded in 1937 with the goal of providing the best quality fountain beverages at the best possible price, Multi-Flow now employs nearly 200 employees in seven states, with a geographic footprint spanning 15 service centers and new services offerings such as private labeling and contract manufacturing. Multi-Flow Industries is owned by a group of private investors and managed by Falconhead Capital of New York City.

Generational Equity Senior Managing Director Doug Smith’s team, led by trusted affiliate Jerry Yocum and assisted by Senior Vice President Ryan Johnson, successfully closed the deal. Senior Managing Director Rick Buchoz established the initial relationship with Total Systems Control.

“This was a very enjoyable transaction,” said Yocum. “Both the buyer and seller were very well established in the beverage space. There were strong synergies in the businesses. Each party worked to overcome all areas of disagreement to get the deal to the finish line.”  

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