International M&A Advisor Winner

By Generational Equity


Being humble folks, we tend to avoid bragging in this blog. However, The M&A Advisor recently recognized our work on Stern Rubber, a transaction that closed last October. I briefly mentioned it in our last blog posting since it was an interesting transaction. Here are some excerpts from the announcement:

Generational Capital Markets, Inc.("GCM", part of the Generational Group), member FINRA/SIPC, an advisor to privately held businesses for mergers & acquisitions, is pleased to announce that it has been recognized by The M&A Advisor, winning the following award:

Acquisition of Stern Rubber Company – Corporate and Strategic Acquisition of the Year (From $10MM – $25MM)

Stern Rubber was founded in 1969 as a manufacturer of compression, injection and transfer molded products, as well as extruded rubber products. Stern specializes in bonding rubber to plastic, metal, and other materials. Industries served are extremely diverse and include: industrial plumbing, power sports, agricultural, and many others. Stern was acquired by Zhongli North America, Inc., headquartered in Shanghai, China. The acquisition closed on October 26, 2015.

Managing Director Chris Heckert was the GCM M&A advisor for Stern throughout the transaction. He stated, "We had numerous interested buyers throughout our process. Many wanted to relocate this business away from its location in Northern Minnesota, but the client strongly preferred keeping the business, and its jobs, in the community. I'm proud we achieved that important goal."

"With cross border M&A volumes at record levels, we attribute the continued increase in transnational deal making to the new generation of global M&A experts whose intimate knowledge and expertise in the cultural, financial and legal arenas are redefining our industry," says David Fergusson, President and Co-CEO of The M&A Advisor. "The 2016 International M&A Award winners represent the best of the cross border M&A industry in 2015 who earned these honors by standing out in a group of very impressive finalists."

Not only is obtaining this award a great honor, it shows that our peers in a competitive industry recognize the skills of our deal teams and deal makers. It is important to note that this transaction carried with it the desires of the owners to ensure that the company would remain in its current location. Our deal makers worked diligently to find a buyer who would fulfill this wish, and not only are they staying in their current location, the new owners also have active plans to expand the facility and hire more local folks. A true win-win for all parties involved!

Our Consultative Nature

This is just one example of how we work hard to create deals for our clients that meet (and hopefully exceed) their personal, financial and business goals. In fact, in this case, we actually encouraged the seller to walk away from a buyer who clearly stated that they were going to consolidate operations and close down the Stern Rubber facility in Staples, Minnesota.

We recognize that every transaction we work on carries the hopes and dreams of an entrepreneur and his/her family, loved ones, employees, and community. It isn’t always easy, but our deal teams do their best to first understand our client’s needs by simply getting to know them on a personal level and then taking that knowledge into account as we begin to approach buyers. After years and years of doing this, our teams are exceptional at it, which is how we win industry awards.

To find out how our services might help you achieve your dreams, please fill out a contact form or call us at 972-232-1121 and ask to speak to one of our Senior Business Advisors. We don’t work with every business owner that reaches out to us because frankly, not every business owner is ready and prepared for a transaction. But for those that are, you will find no better M&A advisory firm servicing the lower middle-market in North America.

Note: Generational Capital, LLC is a Dallas, TX based merger & acquisition advisory firm. Generational Capital wholly owns Generational Capital Markets, Inc., member FINRA/SIPC. More information can be found at Generational Capital and Generational Capital Markets are affiliated with Generational Equity, LLC.

Carl Doerksen is the Director of Corporate Development at Generational Equity.