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Generational Equity Advises Fab Weld Steel in its Sale to Pilot Point Steel
By Generational Equity
02/02/2023
Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client Fab Weld Steel, Inc. to Pilot Point Steel, LLC. The transaction closed December 2, 2022.
Fab Weld Steel (FWS), located in Randolph, Alabama, provides structural steel fabrication, metal deck, and bar joist services. The Company specializes in commercial and municipal works for shopping centers, office buildings, warehouses, grocery stores, hospitals, and grocery stores. FWS’ success is due to its well-known name and reputation, built from a strong work ethic, great results, and excellent customer service.
Located in Pilot Point, Texas, Pilot Point Steel is a subsidiary of Dakota Holdings II, LLC of Dallas, Texas.
Generational Equity Executive Managing Director of M&A – Central Region, Michael Goss, and his team, led by Senior M&A Advisor, Sam Sumner, with the support of Vice President, M&A, Lance Thomasson, successfully closed the deal. Senior Managing Director Doug Morrow established the original relationship with FWS.
“The acquisition of FWS provides Dakota Holdings with significant fabrication capabilities in the Southeast,” said Sumner.
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.