Date
Sep 2015
Region
Georgia
Generational Equity, a leading mergers and acquisitions advisor for privately-held, middle-market businesses, is pleased to announce the acquisition of its client, Sewell Appliance Sales/Services Co Inc (Sewell), headquartered in Sandy Springs, Georgia, by a Builder Specialties Inc (BSI), located in Atlanta, Georgia. The acquisition closed on September 28, 2015.
Founded in 1962, Sewell is a high-end residential household appliance dealer that offers the highest quality products and name brands available as well as an inhouse service department, including installations, maintenance, and warranty service. Sewell has a spacious, well-appointed showroom displaying all of the industries top brands such as Sub Zero, Wolf, Dacor, and Bosch, among many others. To learn more, visit www.sewellappliance.com.
Managing Director Terry Mackin lead the Generational Equity deal team that advised Sewell on the transaction. "Although our marketing provided our clients with interesting options, including the opportunity to sell their business to a top name in the industry, the Sewell family made the decision to move forward with a trusted group in the local market that they had known for many years and trusted would take care of their legacy and employees," stated Mackin. BSI provides better home solutions in appliances, fireplaces, mantels, garage doors, carriage style garage doors, lighting, and outdoor products to trade professionals and homeowners. BSI is recognized for the finest showrooms featuring the most recognized brands in the industry. To learn more, visit www.builderspecialties.net.
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