Generational Capital Markets, Inc., member FINRA/SIPC, ("GCM") an advisor to privately-held businesses for mergers & acquisitions, is pleased to announce the acquisition of its client, Concut, Inc. ("Concut"), headquartered in Kent, Washington, by Dixie Diamond Manufacturing, Inc. ("Dixie Diamond"), headquartered in Lilburn, Georgia. The acquisition closed on June 30, 2016.
Concut is a manufacturer and distributor of high-quality diamond cutting tools serving local, regional, national, and international customers in a variety of industries. The company offers an extensive range of diamond blades and core bits, as well as a complete line of equipment for the cutting of concrete, masonry, stone/tile, and other materials. The company offers its products under three separate product lines: Concut, Inc., Wolverine Equipment, and Rockstar Diamond. Concut, the largest product line, manufactures and distributes diamond tools and equipment. The Wolverine division manufactures hydraulic power packs, hydraulic hand saws, and circle loop saws. Lastly, Rockstar is Concut's stone tooling division. Rockstar is a line of diamond tools targeted toward stone fabricators. To learn more, visit www.concutusa.com
Managing Director John Poythress and Vice President Don Ho were the GCM M&A advisors for Concut on the transaction. "It was a great honor and privilege for our firm to represent Concut in this transaction. The principals have done a wonderful job of growing the business; and this transaction will allow the combined entity the ability to synergistically expand their product and service offering in order to better serve their customers," said John Poythress.
Don Ho added, "With this acquisition, the combined entity of Dixie Diamond-Concut Group is now the largest American-owned diamond tool manufacturer inNorth America. With manufacturing plants now in the East and West Coast, the company will be able to improve production, delivery, and product availability to their combined customer base. Additionally, Dixie Diamond-Concut Group is supported by Mangrove Equity Partners, which will assist with new business initiatives and M&A activities in order to make the combined company a more pronounced leader in their markets."
Dixie Diamond has been a manufacturer of high-performance diamond tools for more than 40 years using the most advanced production techniques and equipment along with the highest quality materials. Consistency is the key toDixie Diamond's success and something seen in both staff and products. Most of the staff members have been with Dixie Diamond for 15 years on average, giving the company one of the most experienced workforces in the industry. This level of experience ensures that the company's diamond tools are properly made with time-tested techniques. To learn more, visit www.dixiediamond.com.
About Generational Capital, LLC
Generational Capital, LLC is a Dallas, TX based merger & acquisition advisory firm. Generational Capital wholly owns Generational Capital Markets, Inc., Member FINRA/SIPC. More information can be found at www.gencm.com. Generational Capital and Generational Capital Markets are affiliated with Generational Equity, LLC. Generational Equity's website is www.genequityco.com.
Generational Equity was recently recognized by the M&A Advisor as the Valuation Firm of the Year. Additionally, John Poythress, Don Ho, and the firm received the M&A Advisor Deal of the Year Award in the $50 - $100 million category in 2012 and M&A Advisor Deal of the Year Award in the $10 - $25 million category in 2014.
The information we learn from customers helps us personalize and continually improve your experience. Here are the types of information we gather.
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.
Generational Capital Markets, Inc.’s affiliates are all part of one corporate family, they work with one another and may work together to provide services to you. The sharing of your information among affiliates enables Generational Capital Markets to serve you more efficiently and makes it more convenient for you to do business with Generational Group. Generational Capital Markets is permitted by law to share information with its affiliates. All of our affiliates follow similar privacy policies.
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 Group 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 Group. Affiliated offices may be independently owned and operated. For more information about a particular office, please contact Generational Group at its 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 may contain technical inaccuracies or typographical errors. Information may be changed or updated without notice. Generational Group may also make improvements and/or changes in the products and/or the programs described in this information at any time without notice.
Generational Group 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 Group will be deemed NOT to be confidential. By sending Generational Group any information or material, you grant Generational Group an unrestricted, irrevocable license to use, reproduce, display, perform, modify, transmit and distribute those materials or information, and you also agree that Generational Group is free to use any ideas, concepts, know-how or techniques that you send us for any purpose.
Our computer system protects personal information using advanced firewall technology.
Information Generational Group 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 Group intends to announce such products, programs or services in your country. Consult a Generational Group representative for information regarding the products, programs and services which may be available to you.
Generational Group makes no representations whatsoever about any other web site which you may access through this one. When you access a non-Generational Group web site, please understand that it is independent from Generational Group, and that Generational Group has no control over the content on that web site. In addition, a link to a non-Generational Group web site does not mean that Generational Group 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 Group 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.
Generational Capital Markets, Inc. ("GCM"), member FINRA/SIPC, is wholly owned by Generational Capital, LLC ("GC"). Both GCM and GC are affiliated with Generational Equity, LLC; and all part of the Generational Group of companies. This website is solely for general informational purposes and is not guaranteed by us to be accurate and complete statements of fact and should not be relied on as such. Opinions in this website constitute the current judgment of the author as of the date and its last update. The content of this website does not necessarily reflect the opinions of GCM, and is subject to change without notice, and GCM is not under any obligation to update or keep current any information contained herein. This website does not constitute any personal recommendations and does not take into account the specific investment objectives, financial situation or particular needs of the reader. The information contained in this website should not be construed as an offer, or a solicitation of an offer, to buy or sell any securities or other financial investments. The information presented should not and cannot be viewed as an indicator of future performance. To the extent permitted by law, GCM does not accept any liability arising from the use or retransmission of the information in this website.
Furthermore, all information contained within this website is the property of Generational Group.
Honored to be named a 4-time winner of Investment Banking Firm of the Year.
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.