Feb 2021 | Florida

Florida Overhead Door & Specialties in Sale to Private Investor

We are pleased to announce the sale of our client, Florida Overhead Door & Specialties, Inc., to a Private Investor. The acquisition closed February 19, 2021.

Florida Overhead Door & Specialties (FOD) is a franchisee and authorized distributor for Overhead Door products; FOD has the exclusive rights to operate as an Overhead Door distributor in nine counties in North Central Florida.

FOD specializes in installing garage doors and garage door openers/controllers, catering to residential and commercial customers. Additionally, the Company also provides maintenance and emergency services on garage doors.

FOD operates from two locations – Gainesville, Florida (established in 1983) and Ocala, Florida (1996). The Company has developed an outstanding reputation in its regional markets over the past 35 years.

Generational Equity Executive Managing Director, M&A-Technology Practice Leader, David Fergusson, and his team, led by Senior Managing Director of Mergers and Acquisition, Barry DeWitt, with the support of Vice President, Mergers & Acquisitions, Alex Mironov, successfully closed the deal. Senior Managing Director Thomas Hamm established the initial relationship with FOD.

“It was a pleasure working with both buyer and seller. The transaction allowed each party to accomplish a major goal. The seller can now retire and spend a lot more time with family and fishing, while the buyer has acquired a company that is poised for continued success in a rapidly growing market, with a geographic footprint and business model that fits perfectly within the buyer's wheelhouse,” said DeWitt.

If you would like to explore other transactions our associates have supported in this industry, visit our dedicated Engineering, Contracting & Construction page.

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