Generational Equity Advises Southwest Waterworks Contractors in Sale to PumpMan Holdings
DALLAS, Feb. 5, 2019 /PRNewswire/ -- Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Southwest Waterworks Contractors Inc., to PumpMan Holdings Inc. The acquisition closed June 29, 2018.
Based in Phoenix, AZ, Southwest Waterworks Contractors specializes in design, installation and repair of pumps and pump systems, including vertical turbine pumps, horizontal centrifugals and wastewater equipment. The company serves the municipal and private utility markets in the greater Phoenix metropolitan area.
PumpMan Holdings, headquartered in Saddle Brook, NJ, is a leading provider of pump systems and on-site maintenance and repair services for commercial, industrial and municipal water pump systems in North America. The company focuses on serving the needs of pump end-users to optimize the performance and reliability of their pumping systems.
PumpMan is a portfolio of Soundcore Capital Partners, which specializes in control equity investments and leveraged buyouts of proven lower middle market North American-headquartered businesses.
Generational Equity Senior Managing Director Stephen Crisham's team, led by Senior M&A Advisor Jerry Glover with support from Managing Director Mike Meredith, successfully closed the deal. Senior Managing Director Doug Morrow established the initial relationship with Southwest Waterworks Contractors.
"It was a pleasure to work with both companies," said Glover. "They were both eager and willing to do whatever it took to bring this transaction to a speedy conclusion."
About Generational Equity
Generational Equity, Generational Capital Markets (member FINRA/SIPC), DealForce and Talis Advisors 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 four-step approach features exit planning education, business valuation, value enhancement strategies, and M&A transactional services.
The M&A Advisor named the company the 2016, 2017 and 2018 Investment Banking Firm of the Year. For more, visit https://www.genequityco.com/ or the Generational Equity press room.
For more information:
Carl Doerksen
972-232-1125
cdoerksen@generational.com
View original content to download multimedia:http://www.prnewswire.com/news-releases/generational-equity-advises-southwest-waterworks-contractors-in-sale-to-pumpman-holdings-300788480.html
SOURCE Generational Equity
