Generational Equity Advises Fab Weld Steel in its Sale to Pilot Point Steel
3 February 2023
Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client Fab Weld Steel, Inc. to Pilot Point Steel, LLC. The transaction closed December 2, 2022.
Fab Weld Steel (FWS), located in Randolph, Alabama, provides structural steel fabrication, metal deck, and bar joist services. The Company specializes in commercial and municipal works for shopping centers, office buildings, warehouses, grocery stores, hospitals, and grocery stores. FWS’ success is due to its well-known name and reputation, built from a strong work ethic, great results, and excellent customer service.
Located in Pilot Point, Texas, Pilot Point Steel is a subsidiary of Dakota Holdings II, LLC of Dallas, Texas.
Generational Equity Executive Managing Director of M&A – Central Region, Michael Goss, Senior M&A Advisor, Sam Sumner, with the support of Vice President, M&A, Lance Thomasson successfully closed the deal. Senior Managing Director, Doug Morrow established the original relationship with FWS.
"The acquisition of FWS provides Dakota Holdings with significant fabrication capabilities in the Southeast,” said Sumner.
About Generational Equity
Generational Equity, Generational Capital Markets (member FINRA/SIPC), Generational Wealth Advisors, Generational Consulting Group, and DealForce 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 more than 350 professionals located throughout 16 offices in North America, the companies help business owners release the wealth of their business by providing growth consulting, merger, acquisition, and wealth management services. Their six-step approach features strategic and tactical growth consulting, exit planning education, business valuation, value enhancement strategies, M&A transactional services, and wealth management.
The M&A Advisor named the company Investment Banking Firm of the Year three years in a row, Valuation Firm of the Year in 2020, and North American Investment Bank of the Year in 2022 as well as Consulting Firm of the Year. The Global M&A Network named Generational USA Investment Bank of the Year in 2023. For more information visit https://www.genequityco.com/ or the Generational Equity press room.
Contacts
Carl Doerksen
972-342-0968
cdoerksen@generational.com
Source:businesswire.com
