Date
May 2019
Region
Utah
Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the partial equity sale of its client, Spectrum Solutions, LLC, and Go-2 Fulfillment Company, Inc., to DW Healthcare Partners. The transaction closed May 17, 2019, and details were not disclosed.
Spectrum Solutions is a product development, custom designer, and manufacturer of containers and packaging solutions primarily for the scientific testing, medical, organic health, and cosmetic sectors. Fulfillment, kitting, and shipping services are available through Go-2 Fulfillment. Both are headquartered in Draper, Utah.
Gregg Williams, President and CEO, founded the business in 2005, and soon thereafter brought on a partner, Bill Phillips, COO. Post-transaction, both remain equity owners and active in the business for the foreseeable future, working hand-in-hand with DW Healthcare Partners to continue to invest in production processes, new patented medical-grade devices, and growth through penetrating new markets and further expanding in existing ones.
DW Healthcare Partners is a private equity firm focused exclusively on the healthcare industry. The firm manages over $800 million in committed capital and invests in profitable healthcare companies with proven management teams.
DW Healthcare Partners is led by seasoned healthcare executives with more than 110 years of combined industry experience. The firm provides the capital, strategic guidance, and acquisition expertise to help mid-to-late-stage companies realize their potential for growth. DW Healthcare Partners is headquartered in Park City, Utah, with an office in Toronto, Ontario.
Speaking on the transaction, Gregg Williams said, “This was a process that embodied every adjective from exciting to grueling. It is without a doubt a very tough process, but in the end worth every challenge.
“The Generational Equity team of Michael Goss and Don Ho were both extraordinary in guiding us through it, handling all aspects from A-Z while assembling a team of top professionals that addressed and handled each challenge. I feel they found the perfect partner for us in DWHP. We are very excited about our new partnership. This is the right union to take Spectrum to the next level.”
Bill Phillips added, “Going through the sale of our business was something far more detailed and difficult than I could have ever imagined. I know that without the unbelievable attention to detail and the depth of knowledge both Don and Michael have in this process it would have been impossible.
“With Don’s and Michael’s help, a team was assembled that helped us get exactly what we wanted in a partnership with DWHP. I feel without their help, this process would have been far more grueling and emotionally taxing than what it was. They greatly exceeded my expectations and I am forever grateful that they were on our team and helped us unite with DWHP.”
Generational Equity Executive Managing Director of M&A - Central, Michael Goss and his team, led by Senior Vice President Mergers & Acquisitions Don Ho, successfully closed the deal.
“This transaction is the brilliant outcome of what emerges when you mix Gregg, a gifted serial entrepreneur and Bill, a genius of production/fulfillment and supply chain processes, with a group of exceptionally talented and deeply connected healthcare experts in DW Healthcare Partners,” said Goss.
“The complexity of this deal was legitimate, but thanks to the ultimate flexibility and aligned vision of both sides – Gregg and Bill and DW Healthcare Partners – we were able to see it through successfully to the closing table to everyone’s excitement and economic benefit.”
Don Ho added, “We cannot be more excited for our clients and this milestone achievement for their business and personal lives. Partnering with DWHP will allow the business to improve their R&D, manufacturing, and automation, as well as operational and financial reporting infrastructure. Further, the additional capital and human resource from DWHP will augment Spectrum Solutions’ and Go-2 Fulfillment’s ability to better serve its customers.”
“The Generational Equity team, as well as Michael and I, are very grateful and fortunate to have been able to help our clients identify internal and external risks, and grow and improve their two businesses over the last few years, in order to achieve Gregg and Bill’s goals,” added Mr. Ho.
If you'd like to learn more about the journeys we have supported in this industry, visit our dedicated Manufacturing page.
The information we learn from customers helps us personalize and continually improve your experience. Here are the types of information we gather.
We receive and store any information you enter on our Web site or give us in any other way. We do not sell or rent your personal information to others without your consent. We use the information we collect only for the purposes sending promotional information, enhancing the operation of our site, serving advertisements, for statistical purposes and to administer our systems. We DO NOT use third parties to provide customer service, to serve site content, to serve the advertisements you see on our site, to conduct surveys, to help administer promotional emails, or to administer drawings or contests, but reserve the right to do so in the future without advance notice.
DealForce, LLC’s affiliates are all part of one corporate family, they work with one another and may work together to provide services to you. The sharing of your information among affiliates enables DealForce to serve you more efficiently and makes it more convenient for you to do business with Generational Group. DealForce is permitted by law to share information with its affiliates. All of our affiliates follow similar privacy policies.
For reasons such as improving personalization of our service, we might receive information about you from other sources and add it to our account information.
Generational Group may license the use of its intellectual property including but not limited to its name, likeness, and logo for the use of affiliated offices. Such affiliated offices may not be owned, controlled, managed, supervised or staffed by employees, officers, or agents of Generational Group. Affiliated offices may be independently owned and operated. For more information about a particular office, please contact Generational Group at its office in Dallas, Texas.
This page may contain other proprietary notices and copyright information, the terms of which must be observed and followed.
Information on this web site may contain technical inaccuracies or typographical errors. Information may be changed or updated without notice. Generational Group may also make improvements and/or changes in the products and/or the programs described in this information at any time without notice.
Generational Group does not want to receive confidential or proprietary information from you through our web site. Please note that any information or material sent to Generational Group will be deemed NOT to be confidential. By sending Generational Group any information or material, you grant Generational Group an unrestricted, irrevocable license to use, reproduce, display, perform, modify, transmit and distribute those materials or information, and you also agree that Generational Group is free to use any ideas, concepts, know-how or techniques that you send us for any purpose.
Our computer system protects personal information using advanced firewall technology.
Information Generational Group publishes on the World Wide Web may contain references or cross references to other products, programs and services that are not announced or available in your country. Such references do not imply that Generational Group intends to announce such products, programs or services in your country. Consult a Generational Group representative for information regarding the products, programs and services which may be available to you.
Generational Group makes no representations whatsoever about any other web site which you may access through this one. When you access a non-Generational Group web site, please understand that it is independent from Generational Group, and that Generational Group has no control over the content on that web site. In addition, a link to a non-Generational Group web site does not mean that Generational Group endorses or accepts any responsibility for the content, or the use, of such web site. It is up to you to take precautions to ensure that whatever you select for your use is free of such items as viruses, worms, Trojan horses and other items of a destructive nature.
IN NO EVENT WILL Generational Group BE LIABLE TO ANY PARTY OR ANY DIRECT, INDIRECT, SPECIAL OR OTHER CONSEQUENTIAL DAMAGES FOR ANY USE OF THIS WEBSITE, OR ON ANY OTHER HYPERLINKED WEBSITE, INCLUDING, WITHOUT LIMITATION, ANY LOST PROFITS, BUSINESS INTERRUPTION, LOSS OF PROGRAMS OR OTHER DATA ON YOUR INFORMATION HANDLING SYSTEM OR OTHERWISE, EVEN IF WE ARE EXPRESSLY ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.
Furthermore, all information contained within this website is the property of Generational Group.