Date
Jan 2016
Region
Canada
Generational Equity, a leading mergers and acquisitions advisor for privately-held, middle-market businesses, is pleased to announce the acquisition of its client H&S Autoshot Manufacturing (H&S Autoshot), headquartered in Georgetown, Ontario, by Nutec Systems Inc. (Nutec), headquartered in Gurnee, Illinois. The acquisition closed on January 11, 2016. H&S
Autoshot manufactures spot welding and dent pulling equipment for the auto body repair industry. H&S Autoshot serves the automotive aftermarket, including 85 active customers across the US and 35 in Central and Western Canada.
To learn more, visit www.hsautoshot.com
Managing Director Douglas Smith and his team, led by affiliate Mike Hammer and working with the support of Vice President Musa Jagne, led the Generational Equity deal team that advised H&S Autoshot on the transaction. "The synergies provided and the tenacity of the buyer, aided by his well-informed and competent attorney, were the key elements to this successful transaction," stated Hammer. Nutec provides arc welding and plasma cutting equipment to the automotive aftermarket. Nutec's main focus is to provide automotive repair professionals with the highest quality tools and systems to increase their productivity.
To learn more, visit www.nu-tecsys.com.
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