Generational Equity Advises Compressed Air Technologies in Sale to Lane Industrial Supply

By Generational Equity

12/12/2019

Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Compressed Air Technologies, Inc., to Lane Industrial Supply Company. The acquisition closed September 6, 2019 and details were not disclosed.

Compressed Air Technologies sells and services air compressors for commercial and industrial businesses. The Company is a certified Kaeser distributor located in Monroe, Ohio, providing service, sales and rentals across Ohio, Kentucky, and Indiana. Kaeser is one of the most highly respected compressor manufacturers in the world.

Lane Industrial Supply Company is a wholesale distributor of general manufacturing, industrial, millwork and construction supplies and is located in Denver, Colorado. With over 60 years of industry experience, Lane Supply Company is a customer-driven company, specializing in the wholesale distribution of trusted supply brands for a wide range of industries.

Generational Equity Executive Managing Director of M&A – Central Region, Michael Goss, and his team, led by Managing Director, Jerry Yocum, with support from Managing Director, Ryan Johnson, successfully closed the deal. Senior Managing Director Rick Buchoz established the initial relationship with Compressed Air.

“The buyer and seller were both very committed and actively working to complete this transaction in a timely and friendly manner. They were able to close it very smoothly,” said Jerry Yocum. “It was a pleasure to work with both of them.”


About Generational

Generational Group, headquartered in Dallas, is a leading, award winning, full-service M&A advisory firm. With more than 350 professionals located throughout 16 offices in North America, the company helps business owners release their business’ wealth by providing growth consulting, merger, acquisition, and wealth management services. The Generational suite of advisory services includes strategic growth consulting, exit planning education, business valuation, value enhancement strategies, M&A services, digital services, and wealth management.

The M&A Advisor named Generational Group Investment Banking Firm of the Year in 2016, 2017, 2018, 2022 & 2024. They also awarded us Valuation Firm of the Year and M&A Consulting Firm of the Year in 2022 and 2023. For more information, visit: https://www.generational.com.