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Generational Equity Announces the Sale of Enterprise 24×7 to E&E Technical Consultants
By Generational Equity
10/12/2016
Generational Equity, a leading mergers and acquisitions advisor for privately held, middle-market businesses, is pleased to announce the sale of its client, Enterprise 24×7, Inc., of Tallahassee, FL, to E&E Technical Consultants, LLC, of Mechanicsburg, PA. The acquisition closed February 10, 2016. Details were not disclosed.
Enterprise 24×7 provides high quality, reliable technical assistance and IT consulting services to government agencies and private companies. Its services include database development and administration, system and network administration, and software development.
The buyer, E&E Technical Consultants, offers all levels of skilled IT professionals to clients in central Pennsylvania. The company has been recognized for six consecutive years as one of the Top 50 Fastest Growing Companies in its region.
E&E is a certified Woman Business Enterprise (WBE) for Pennsylvania, Virginia, New Jersey, and the City of Philadelphia, and is a GSA IT Services Schedule Provider.
Don Sawyer, Managing Director of mergers and acquisitions at Generational Equity; Rebecca Gruman, Vice President of Generational Equity; and affiliates Richard and Alison Estrin led the transaction.
Ms. Gruman stated, “This merger will allow the combined entity the ability to synergistically expand their service offering and grow geographically.”
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.