Generational Equity Advises Majestic Turbo-Dallas in its Sale to Private Investor
By Generational Equity
02/18/2022
Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Majestic Turbo-Dallas, Inc., to a Private Investor. The transaction closed February 16, 2022.
Located in Irving, Texas, Majestic Turbo-Dallas (Majestic) is a wholesaler, distributor, retailer, servicer, and re-manufacturer of turbochargers for cars, trucks, and heavy equipment. Historically, sales are generated primarily from new turbochargers and service/repair.
Majestic’s target markets include trucking companies, construction-related, and the automotive industries. Geographically, the Company generates most revenue in North Texas, with the remaining coming from other states including Florida, Arkansas, Oklahoma, Louisiana, New Mexico, and Mississippi.
Generational Equity Executive Managing Director of M&A – Central Region, Michael Goss, and his team, led by Senior M&A Advisor, Cory Strickland, with support from Vice President, M&A, Jacob Mangalath, successfully closed the transaction. Executive Managing Director Bill Kushnir established the initial relationship with Majestic.
“This is an excellent example of matching a perfect buyer and seller to an opportunity that you know will enable the business to thrive for years to come. I’m happy to have been able to connect the dots,” said Strickland.
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.