By Generational EquityOct 9, 2018, 08:00 et
Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Long Island Productions Inc. dba Training Network, to JER HR Group. The acquisition closed August 31, 2018.
For more than 35 years, Training Network has provided high-quality health and safety training programs to companies of all sizes and industries. With more than 900 programs on over 80 topics, the company's courses help employees stay safe and in compliance with the latest OSHA and industry regulations. The wide variety of safety training videos are available online, streaming and on DVD. Training Network is based in Durham, North Carolina, and is an authorized GSA Contractor. It will become a division of JER HR Group.
JER HR Group is a leading human resource firm with experts in 25 states, handling more than 150 unique projects every year. It helps companies large and small recruit, retain and develop a valuable resource – their people. JER can be an external support team or a complete HR department, depending on clients' needs. The company is headquartered in New York City.
Generational Equity Senior Managing Director Julie Sandoval's team, led by trusted Sr. Advisor Genell Boyer with support from VP Alex Mironov, successfully closed the deal. Executive Managing Director Bill Kushnir established the initial relationship with Training Network.
"After reviewing several interested candidates to purchase her company, Billie Straub chose Mahesh Kumar," said Boyer.
"Mahesh's expertise in growth and strong ability to communicate with her employees made an easy transition that confirmed he was a perfect fit for her company. This transaction took only six weeks to close."
About Generational Equity
Generational Equity, DealForce, and Generational Capital Markets, member FINRA/SIPC, 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 strategic growth advisory services.
Their four-step approach features exit planning education, business valuation, value enhancement strategies, and M&A transactional services.
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