By Generational EquityOct 28, 2022, 07:00 et
Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client CCL Acquisition, LLC (dba Custom Components & Logistics) to HKR. The transaction closed October 12, 2022.
Located in Catoosa, Oklahoma, Custom Components & Logistics (CC&L) manufactures quality custom stainless steel, carbon steel, and aluminum electrical enclosures and industrial control panel enclosures delivered with excellent customer service to major markets throughout the U.S. and overseas.
Additionally, the Company provides precision metal stamping, machining, tool and die and custom fabrication to customer specifications. CC&L differentiates itself in numerous ways including superior accuracy, timelines, problem-solving abilities, and customized solutions, from design to prototype to production. For over 40 years, the employees at CC&L have been dedicated to quality, innovation, and customer service, providing component parts that meet or exceed its customers’ expectations.
CC&L was majority owned by Sandy Brumley (President) with minority partners William Martinson (Non-Operating Member) and Billy Babb (Non-Operating Member). John Johnson, General Manager, who has led CC&L historically, will continue his role going forward. Mr. Johnson was the key person working with Generational Equity during this M&A process.
HKR, located in Tulsa, Oklahoma, is a holding company formed to acquire CC&L. The owners of HKR are Bob Haiges, Don Kirkland, and Fred Raschen. All three partners have established histories of entrepreneurship, investing, and owning multiple businesses.
Don Ho, Managing Director Mergers & Acquisitions with Generational Equity, was the lead deal maker on the transaction. Ho, with the support of Generational Equity Executive Managing Director of M&A – Central Region, Michael Goss, and Vice President, M&A, Jacob Mangalath, successfully closed the deal. Senior Managing Director, DeWayne Nelon, established the original relationship with CC&L.
“We are very pleased to be able to achieve our client’s goal of selling the business and commercial property to a buyer that shares the same values and culture with CC&L. With John Johnson leading the business, coupled with the buyers’ experience and resources, the future is incredibly bright for them,” said Mr. Ho.
Ho added, “Though CC&L has experienced phenomenal growth recently, we believe the business is well positioned for accelerated growth. We’re deeply honored that Mrs. Brumley and her partners put their trust in us to represent their business and interest.”
John Johnson stated, “It comes with a great deal of respect for Generational Equity, and specifically Don Ho, for the superior level of professionalism, knowledge, skill, and expertise provided and shown throughout this process. Without Don and Generational Equity, the sales experience of Custom Components & Logistics would not have been possible, and for that, we thank you!"
About Generational Equity
Generational Equity, Generational Capital Markets (member FINRA/SIPC), Generational Wealth Advisors, Generational Consulting Group, and DealForce are part of the Generational Group, which is headquartered in Dallas and is one of the leading M&A advisory firms in North America.
With more than 300 professionals located throughout 16 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. For more information, visit https://www.genequityco.com/ or the Generational Equity press room.
it all started with a conference.
start your story today,
speak directly with one of our senior advisors +1-972-232-1121
The information we learn from customers helps us personalize and continually improve your experience. Here are the types of information we gather.
We receive and store any information you enter on our Web site or give us in any other way. We do not sell or rent your personal information to others without your consent. We use the information we collect only for the purposes sending promotional information, enhancing the operation of our site, serving advertisements, for statistical purposes and to administer our systems. We DO NOT use third parties to provide customer service, to serve site content, to serve the advertisements you see on our site, to conduct surveys, to help administer promotional emails, or to administer drawings or contests, but reserve the right to do so in the future without advance notice.
Generational Group’s affiliates are all part of one corporate family, they work with one another and may work together to provide services to you. The sharing of your information among affiliates enables Generational Group to serve you more efficiently and makes it more convenient for you to do business with Generational Group. Generational Group is permitted by law to share information with its affiliates. All of our affiliates follow similar privacy policies.
For reasons such as improving personalization of our service, we might receive information about you from other sources and add it to our account information.
Generational Group may license the use of its intellectual property including but not limited to its name, likeness, and logo for the use of affiliated offices. Such affiliated offices may not be owned, controlled, managed, supervised or staffed by employees, officers, or agents of Generational Group. Affiliated offices may be independently owned and operated. For more information about a particular office, please contact Generational Group at its office in Dallas, Texas.
This page may contain other proprietary notices and copyright information, the terms of which must be observed and followed.
Information on this web site may contain technical inaccuracies or typographical errors. Information may be changed or updated without notice. Generational Group may also make improvements and/or changes in the products and/or the programs described in this information at any time without notice.
Generational Group does not want to receive confidential or proprietary information from you through our web site. Please note that any information or material sent to Generational Group will be deemed NOT to be confidential. By sending Generational Group any information or material, you grant Generational Group an unrestricted, irrevocable license to use, reproduce, display, perform, modify, transmit and distribute those materials or information, and you also agree that Generational Group is free to use any ideas, concepts, know-how or techniques that you send us for any purpose.
Our computer system protects personal information using advanced firewall technology.
Information Generational Group publishes on the World Wide Web may contain references or cross references to other products, programs and services that are not announced or available in your country. Such references do not imply that Generational Group intends to announce such products, programs or services in your country. Consult a Generational Group representative for information regarding the products, programs and services which may be available to you.
Generational Group makes no representations whatsoever about any other web site which you may access through this one. When you access a non-Generational Group web site, please understand that it is independent from Generational Group, and that Generational Group has no control over the content on that web site. In addition, a link to a non-Generational Group web site does not mean that Generational Group endorses or accepts any responsibility for the content, or the use, of such web site. It is up to you to take precautions to ensure that whatever you select for your use is free of such items as viruses, worms, Trojan horses and other items of a destructive nature.
IN NO EVENT WILL Generational Group BE LIABLE TO ANY PARTY OR ANY DIRECT, INDIRECT, SPECIAL OR OTHER CONSEQUENTIAL DAMAGES FOR ANY USE OF THIS WEBSITE, OR ON ANY OTHER HYPERLINKED WEBSITE, INCLUDING, WITHOUT LIMITATION, ANY LOST PROFITS, BUSINESS INTERRUPTION, LOSS OF PROGRAMS OR OTHER DATA ON YOUR INFORMATION HANDLING SYSTEM OR OTHERWISE, EVEN IF WE ARE EXPRESSLY ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.
Furthermore, all information contained within this website is the property of Generational Group.
Success, you have been added to our list.