Generational Equity, a leading mergers and acquisitions advisor for privately-held and familyowned businesses, is pleased to announce the sale of its client, Trevathan Tool Company to a Private Investor, both buyer and seller are located in Texas. The deal team was led by managing director Terry Mackin and Vice President Kyle Coe and was closed on September 2, 2011. The value and details of the transaction were not disclosed.
In operation since 1996, the family owned business operates two automotive lubrication shops in the Abilene, Texas area. In addition to the two lube & tune locations, the owner also operates a full service car wash. "Our client's have done an excellent job in starting and running their own business," said Generational Equity's President Ryan Binkley. "Their success can be seen in the fact that they were a very attractive acquisition target. They were truly a 'buyer ready' business."
If you would like to learn how you too can position your company to be "buyer ready", please contact John Paser at Generational Equity. (972-232-1111) Request our free whitepaper on the topic of building and exiting a desirable business. Written by Ryan Binkley, it draws on our years of experience in closing deals and helping to position our clients to be buyer ready.
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