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Generational Equity Advises Fastco in its Sale to Private Investor
By Generational Equity
04/14/2022
Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, JLL49RS, L.L.C. (dba Fastco of Charlotte), to a Private Investor. The acquisition closed April 7, 2022.
Founded in 1980, and located in Charlotte, North Carolina, Fastco of Charlotte (Fastco) is a tool and fastener distributor. The Company works with most commercial construction trades, as well as industrial and government agencies. Fastco’s primary market and product focus is the commercial glazing industry, which includes fabrication and installation of storefronts, curtain walls, and unitized glazing.
Its product line includes not only fasteners but cutting tools, safety products, access equipment, and specialty tools used in the glazing trades. Fastco has a long-standing reputation for providing quality products, reliable expertise, and superior customer support.
Generational Equity Executive Managing Director, M&A-Technology Practice Leader, David Fergusson, and his team, led by Senior M&A Advisor, Gene Gall, with the support of Managing Director, M&A, Alex Mironov, successfully closed the deal. Executive Managing Director Tom Braun established the initial relationship with Fastco.
“The buyer and seller worked together to make this deal happen; CIBC was extremely helpful in getting the acquisition funded,” said Gall.
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.