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Generational Equity Advises Wilmington Instrument in its Sale to Global Test Supply
By Generational Equity
11/23/2021
Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client Wilmington Instrument Co. to Global Test Supply, Inc.
Wilmington Instrument Co. (Wilmington) is located in Wilmington, California, and has over 70 years of experience as a distributor of process and test instrumentation. Wilmington services a broad range of industries including petrochemical, power generation, water and wastewater management, aerospace, shipbuilding and maritime, pharmaceutical, food processing, and construction. Their broad range of offered products includes gas detection, calibration, electrical and temperature instruments, and more.
Global Test Supply (Global), located in Wilmington, North Carolina, provides a wide variety of calibration services, test equipment rentals and training. The Company offers an excellent selection of quality products while providing reliable service and competitive prices. Their eCommerce website offers customers a Secure Online Shopping and Purchasing Store 24/7 with on-hand experts ready to assist purchasing decisions. They know online shopping can be a little intimidating, that’s why Global’s site is extremely secure and simple to navigate. With over 30 years of selling quality instrumentation, they know the importance of service, support, customer experience, inventory and price.
Generational Equity Executive Managing Director of M&A – Western Region, Stephen Crisham, led by Sr. Managing Director Mergers & Acquisitions, Fred Zweifel, with support by Sr. Managing Director – Western Region, Lori Galloway, closed the transaction. Executive Managing Director Edward Weber established the initial relationship with Wilmington.
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.