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Press releases > Generational Equity Announces Sale of MetalSpand, Inc. to Niles MetalSpand, LLC

Generational Equity Announces Sale of MetalSpand, Inc. to Niles MetalSpand, LLC

By Generational Equity

Dec 29, 2014, 04:00 et

MetalSpand

Generational Equity, a leading advisor to privately held and family-owned businesses for mergers, acquisitions, strategic growth initiatives, business valuation and exit planning announced the acquisition of its client, MetalSpand, Inc. (MetalSpand), headquartered in Waurika, OK, by Niles MetalSpand, LLC (Niles), a Niles International company. The transaction closed on December 5, 2014.   

MetalSpand is a locally-owned and operated expanded metal manufacturer that serves customers across the South-Central U.S. The Company's products include standard, flattened, and grating carbon steel sheets for warehouse consignment operators and industrial manufacturers.

With operations spanning over 40 years, MetalSpand's greatest attributes are its long-term customer relationships, market location, highly-skilled employees, and quality commitment to customers. 

Managing Director, Michael Goss, and Senior M&A Advisor, Fred Phillips, led the Generational Equity deal team that advised MetalSpand on the transaction. 

According to Fred Phillips, "MetalSpand's location, customer base, and experienced employees allowed Niles to quickly and efficiently expand their organization and position themselves for continued growth."

Niles International is The Expanded Metal Company, The Advanced Composites Group and NEM Logistics. The Expanded Metal Company is focused on everything in expanded metals, plastics and gratings and all divisions are ISO quality certified under 9001:2008 and the Aerospace Division is AS 9100:2009.

The Advanced Composites Group engineers, manufactures, and develops a suite of technologies from the best available materials using Nano-enhanced resins, films, and non-woven fabrics for integration into composite materials.

About Generational Equity

Generational Equity provides mergers, acquisitions, strategic growth advisory services, and information for privately held and family-owned businesses to exit their companies successfully.

Generational Equity uses a four-phase approach that includes education, financial analysis and reporting, sales documentation and deal-making ability to offer business owners an unparalleled level of commitment and experience, all focused on helping to release the generational equity and wealth in every business. 

Generational Equity is headquartered in Dallas, TX, has more than 200 professionals in North America, and was recently recognized by the M&A Advisor as the Valuation Firm of the Year.

For more information visit the following websites at www.genequityco.com or www.gecpress.com.