By Generational EquityDec 29, 2014, 03:00 et
Generational Equity, a leading advisor to privately held and family-owned businesses for mergers, acquisitions, strategic growth initiatives, business valuation and exit planning announced the acquisition of its client, MetalSpand, Inc. (MetalSpand), headquartered in Waurika, OK, by Niles MetalSpand, LLC (Niles), a Niles International company. The transaction closed on December 5, 2014.
MetalSpand is a locally-owned and operated expanded metal manufacturer that serves customers across the South-Central U.S. The Company's products include standard, flattened, and grating carbon steel sheets for warehouse consignment operators and industrial manufacturers.
With operations spanning over 40 years, MetalSpand's greatest attributes are its long-term customer relationships, market location, highly-skilled employees, and quality commitment to customers.
Managing Director, Michael Goss, and Senior M&A Advisor, Fred Phillips, led the Generational Equity deal team that advised MetalSpand on the transaction.
According to Fred Phillips, "MetalSpand's location, customer base, and experienced employees allowed Niles to quickly and efficiently expand their organization and position themselves for continued growth."
Niles International is The Expanded Metal Company, The Advanced Composites Group and NEM Logistics. The Expanded Metal Company is focused on everything in expanded metals, plastics and gratings and all divisions are ISO quality certified under 9001:2008 and the Aerospace Division is AS 9100:2009.
The Advanced Composites Group engineers, manufactures, and develops a suite of technologies from the best available materials using Nano-enhanced resins, films, and non-woven fabrics for integration into composite materials.
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