In the first quarter of 2011, Diversified CPC approached Generational with an active interest in the acquisition of PureChem Separation. With both companies specializing in refrigerant reclamation, and PureChem fitting in perfectly with the buyer’s growth strategy, it was clear to Generational that the integration of the two businesses would be straightforward. However, prior to the deal progression the buyers had approached their interest with caution, as the markets in which PureChem traded in were different to those of CPC. In fact, CPC hadn’t ever considered operating in these markets prior to their initial interest in the deal. After careful consideration and professional guidance from Terry Mackin of Generational, CPC decided to move forward.
Every company that we take to market undergoes a thorough review, resulting in the production of an extensive Offering Memorandum for buyers that details everything from the company’s business cycle and revenue streams, to its various financial projections. By presenting this documentation to potential buyers, we equip them with the tools they need to make an informed decision on whether to proceed with a formal offer. CPC found the information particularly useful, so much so that they went on to form their own business plans using the memorandum as a foundation. “The way the information had been collated and presented made it very easy for us to get our heads around what the business was all about...It really was very useful from that perspective and frankly, became the basis of our own business model.” said Anthony Haines of Diversified PureChem.
CPC formally made an offer for PureChem in March of 2011 to the Sumitomo Corporation, but 4 days later an earthquake and subsequent tsunami in Japan took place, having a major ripple effect throughout the entire Sumitomo corporation and as a result the progression of the sale halted before it could even begin. The company had decided that they were going to be cautious about any acquisitions which were currently in the pipeline and how their resources were managed moving forward. During the 7-month waiting period between the tsunami and CPC’s secondary offer, Generational ensured that communication was clear and frequent while they were waiting on news for this opportunity to come to light. “Having Generational as the mediator in the process was the glue that held this deal together. If we had have been dealing with a seller or a buyer directly there would have been an element of distrust because there are things you could potentially say in a certain environment which could be misconstrued or not understood. Or people could think you are just trying to negotiate the price or this is just a ploy that you're using. We were able to be open with Generational, and I know for a fact that I told things to them which you may not have told the client directly.” said Anthony.
Once the dust had settled and CPC were in a position where their acquisition could once again progress, PureChem fully reengaged and the deal finally closed. “I may have been sceptical at the first week or two and I will attest to that, but the more we got into it [with Generational] it was like this just felt like a really good fit...The experience was very satisfactory – beyond satisfactory. Without Terry Mackin we wouldn't be able to have this conversation today – plain and simple.”
To learn more about how Generational helped Anthony Haines with the acquisition of PureChem watch the interview in full.
The information we learn from customers helps us personalize and continually improve your experience at gencm.com. Here are the types of information we gather.
Information You Give Us: 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. Our computer system protects personal information using advanced firewall technology.
Information from Other Sources: 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 Capital Markets LLC 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 Capital Markets, L.L.C. Affiliated offices may be independently owned and operated. For more information about a particular office, please contact Generational Capital Markets LLC at is 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 IS PROVIDED "AS IS" WITHOUT WARRANTY OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR NON-INFRINGEMENT. SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OF IMPLIED WARRANTIES, SO THE ABOVE EXCLUSION MAY NOT APPLY TO YOU.
Information on this web site may contain technical inaccuracies or typographical errors. Information may be changed or updated without notice. Generational Capital Markets may also make improvements and/or changes in the products and/or the programs described in this information at any time without notice.
Generational Capital Markets 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 Capital Markets will be deemed NOT to be confidential. By sending Generational Capital Markets any information or material, you grant Generational Capital Markets an unrestricted, irrevocable license to use, reproduce, display, perform, modify, transmit and distribute those materials or information, and you also agree that Generational Capital Markets is free to use any ideas, concepts, know-how or techniques that you send us for any purpose.
Information Generational Capital Markets 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 Capital Markets intends to announce such products, programs or services in your country. Consult a Generational Capital Markets representative for information regarding the products, programs and services which may be available to you.
Generational Capital Markets makes no representations whatsoever about any other web site which you may access through this one. When you access a non-Generational Capital Markets web site, please understand that it is independent from Generational Capital Markets, and that Generational Capital Markets has no control over the content on that web site. In addition, a link to a non-Generational Capital Markets web site does not mean that Generational Capital Markets 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 Capital Markets 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 Capital Markets.
Honored to win Investment Banking Firm of the Year 3 years running.
Over 50 awards and counting.
Sign up to receive regular email updates, industry-leading insights and details on complimentary M&A executive conferences in your area from our award-winning team
Success, you have been added to our list.