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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

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.