DALLAS, July 18, 2011 /PRNewswire/ -- Generational Equity, a leading advisor to privately-held and family-owned businesses for mergers and acquisitions is pleased to announce the sale of its client, Avio-Tech Ltd., an Aerospace and Military Parts Distributor headquartered in Twin Lakes, Michigan to a Private Investor. The transaction closed on June 13, 2011, and was led by Managing Directors, Douglas Smith, Jim Hines and Vice President, Michael Goss. Financial details of the transaction were not disclosed.
"This transaction resulted in a strategic fit that will facilitate the growth and success of the business in the future," said Jim Hines Generational Equity managing director in the transaction.
Founded in 1983, Avio-Tech Ltd. was created with a goal of filling a need in the aerospace and military parts business. Avio-Tech became a premier company specializing in the aerospace and military procurement industry by increasing the speed of technology, providing faster service coupled with better purchasing assistance, and by using its knowledge and past experience with government-oriented companies.
About Generational Equity
Generational Equity provides mergers, acquisitions, strategic growth advisory services, and information for privately held and family-owned businesses to exit their business 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, and has more than 200 professionals. For more information visit the following websites at www.genequityco.com or www.gecpress.com.
For more information:
Rebecca Gruman
972-232-1100
communications@genequityco.com
SOURCE Generational Equity
