Generational Equity, a leading advisor to privatelyheld and family-owned businesses for mergers and acquisitions, is pleased to announce that its client OneLife Digital, Inc. will join Lexy Pacific Corporation. The deal team on the transaction, which closed on February 14, 2011, was led by managing directors Stephen Crisham and Cole Preston, and assistant vice president Lori Galloway. “This is a great opportunity for both companies,” said Generational Equity President Ryan Binkley. “Their combined services and expertise will make them more competitive in the industry.”
OneLife Digital, located in San Clemente, California, develops eco-friendly solutions for the redistribution of distressed inventory, primarily computer hard drives and other electronics. The company has experience sourcing distressed inventory and overstock from OEM, corporate, retail, and value-added reseller (VAR) vendors. The company identifies its vendors’ unique sources of distressed inventory, determines their specific goals, and then develops a customized strategy for redistribution or disposition through its established sales channels. These sales channels include a diversified customer base of general consumers, electronics wholesalers, SMB IT consultants, and system integrators. Lexy Pacific, established in 1996 in the heart of Silicon Valley, California, has the primary mission of delivering affordable high technology computer products to major customers worldwide. Today, Lexy Pacific has become a premier and dominant partner for major brands of storage products; a strategic partner of HIS (HighTech Information Systems, Ltd, HK) of ATI graphics for the North American market; a major distributor for Cirago International in the business development of consumer electronic products; and a major supplier of OEM and retail computer products.
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