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Generational Equity Advises A Better Choice Lock & Key in Sale to Anderson Lock and Safe
By Generational Equity
08/20/2020
Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, A Better Choice Lock & Key, LLC, to Anderson Lock and Safe. The acquisition closed August 3, 2020 and details were not disclosed.
Located in Chandler, Arizona, A Better Choice Lock & Key provides a full-service lock shop, knowledgeable team members, state-of-the-art equipment and an extensive inventory of locking hardware, keys, safes and security components to its clients.
Anderson Lock and Safe, located in Phoenix, Arizona, is the largest locksmith firm in Arizona. Since 1966, the Company has remained a family-owned and community-focused organization emphasizing customer service, integrity, and expertise in locks and security.
Generational Equity Executive Managing Director of M&A – Western Region, Stephen Crisham, and his team, led by M&A Advisor Jerry Glover with support from Vice President Mergers & Acquisitions Bo Zhao, successfully closed the deal. Senior Managing Director Doug Morrow established the initial relationship with A Better Choice Lock & Key.
“It was a pleasure working with the seller and the buyer in this transaction. Both were completely motivated, organized, and professional during the entire process” said Glover.
About Generational
Headquartered in Dallas, Generational is one of the leading M&A advisory firms in North America.
With more than 350 professionals located throughout 17 offices in North America, the companies help business owners release the wealth of their business by providing growth consulting, merger, acquisition, and wealth management services. Their six-step approach features strategic and tactical growth consulting, exit planning education, business valuation, value enhancement strategies, M&A transactional services, and wealth management.
The M&A Advisor named the company Investment Banking Firm of the Year three years in a row, Valuation Firm of the Year in 2020, and North American Investment Bank of the Year in 2022 as well as Consulting Firm of the Year. For more information, visit https://www.generational.com.