Generational Equity, a leading mergers and acquisitions advisor for privately-held, middle-market businesses, is pleased to announce the acquisition of its client, EZ Sockets, Inc., headquartered in Springfield, New Jersey, by Brighton-Best International (BBI) headquartered in Long Beach, California. The acquisition closed on March 2, 2015.
EZ Sockets, Inc. (EZ) is a manufacturer and distributor of socket screw products, selling through a worldwide network of Independent industrial distributors. EZ has five centers located across the United States, and is known for its extensive inventory of semi-standard and special sizes, competitive prices, and high service level. Managing Director Douglas Smith, including Vice President Ryan Johnson, and affiliate Gene Gall led the Generational Equity deal team that advised EZ on the transaction. "The synergies were apparent to both sides," stated Gene Gall. BBI is a global leader in fastener distribution. The Company has 20 locations throughout the US and 31 globally, providing fasteners to a variety of industries including construction, electrical, industrial and OEM applications. To learn more, visit www.brightonbest.com.
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