Generational Group Advises Crystal Kitchen & Bath in its sale to Merit Management Group

By Generational Group

02/03/2025

Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of its client, Crystal Kitchen & Bath to Merit Management Group. The acquisition closed January 3, 2025.

Headquartered in Crystal, Minnesota, Crystal Kitchen + Bath has been a leader in kitchen and bath design since 1974. Celebrating 50 years of excellence, the company offers comprehensive remodeling services, including design, cabinetry, and full “turn-key solutions.” Their 8,800-square-foot showroom features a variety of semi-custom and custom handcrafted cabinets, hardware, countertops, flooring, and appliances, showcased in 18 vignettes to inspire clients. With a team of award-winning Certified Kitchen Designers, Crystal Kitchen + Bath is dedicated to transforming homes with innovative and quality designs.

Based in Des Moines, Iowa, Merit Management Group is a private equity firm specializing in acquiring small to mid-sized construction businesses. The firm focuses exclusively on the construction industry, leveraging its extensive expertise to implement superior management strategies that drive sustainable growth. Merit Management is dedicated to enhancing legacies and empowering futures by revitalizing and expanding its portfolio companies, ensuring long-term value creation for business owners, employees, customers, and investors.

Generational Group Executive Managing Director of M&A – Central Region, Michael Goss and his team, led by Generational Group Affiliate, Stephen Dinehart with the support of Vice President, M&A, Lance Thomasson closed the deal. Senior Managing Director Thomas Hamm and Senior M&A Advisor, Michael Querard established the initial relationship with Crystal Kitchen & Bath.

Ryan Binkley, CEO of Generational Group, added, “This strategic partnership will drive growth and innovation for both companies. At Generational Group, we are proud to facilitate such impactful acquisitions.”