By Generational EquityMar 3, 2020, 06:00 et
Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Direct Millwork, LLC, to Builders’ General Supply. The acquisition closed February 19, 2020 and details were not disclosed.
Located in Washington, New Jersey, Direct Millwork, LLC (DM) is a building material supplier specializing in interior and exterior millwork products. The Company supports its product offering with in-house assembly and light manufacturing capabilities, as well as onsite take-off and project management experience.
Builders’ General Supply (BGS), located in Little Silver, New Jersey, is a building material supply company. Builders’ General was incorporated in 1931 with its first location in Cranford, New Jersey. The Company now has seven locations throughout the state of New Jersey and employs over 140 people.
BGS’ President, Philip Shaheen, commented “This opportunity is a definite ‘win-win’ for both DM and BGS and offers significant growth opportunities. DM’s millwork and door shop operations will compliment BGS’ millwork and door shop operations in its Freehold branch location, and also expand DM and BGS’ customer base and market, while also providing a broader offering of products to DM’s existing customers.”
DM’s products and services include interior doors, moulding, windows, exterior doors, hardware, and specialty products. DM’s primary delivery area is Central and Northern New Jersey, along with the Lehigh Valley in Pennsylvania and the entire northeast. BGS’ primary delivery area is Monmouth, Ocean, and Middlesex counties in New Jersey, along with some northern New Jersey locations and Staten Island in New York.
“DM brings excellent processes and an established, customer base. This acquisition gives us a unique opportunity to provide increased synergies within our company culture, while at the same time allows us both to continue to maintain strong relationships with our loyal customer base throughout New Jersey and surrounding areas,” added Shaheen.
“BGS is a highly regarded company in this region of the country. United by a common business culture, joining BGS makes perfect sense and will improve DM’s business growth opportunities and expand the products offered to our existing customers,” said Kevin Kuchova and Tom Snyder, Partners at DM.
Generational Equity Executive Managing Director of M&A – Eastern Region, David Fergusson’s team, led by Senior M&A Advisor Gene Gall, and supported by Vice President Cory Painter, successfully closed the deal. Senior Managing Director Thomas Hamm established the initial relationship with DM.
About Generational Equity
Generational Equity, Generational Capital Markets (member FINRA/SIPC), Generational Wealth Advisors, 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 over 250 professionals located throughout North America, the companies help business owners release the wealth of their business by providing merger, acquisition, and wealth management services. Their five-step approach features exit planning education, business valuation, value enhancement strategies, M&A transactional services, and wealth management.
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.