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Generational Equity Advises Modern Woodcrafts LLC in its Sale to Private Investor
By Generational Group
03/28/2023
Generational, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Modern Woodcrafts LLC, to a Private Investor. The deal closed March 3, 2023.
Modern Woodcrafts, located in Plainville, Connecticut, is a leading architectural millwork manufacturer that provides unique, intricate woodwork designs to contractors remodeling a myriad of commercial buildings. In operation for over 60 years, the Company has developed a broad set of capabilities and has completed work on many stunning projects that can be seen in numerous skyscrapers across New York City.
Modern Woodcrafts manufactures state-of-the-art, finely crafted millwork for the interiors of high-end commercial buildings. The Company’s finishing capabilities are unmatched in its operating region, which allows Modern Woodcrafts to stand out as a provider of the most visually elegant millwork in New York City.
The Company offers its customers end-to-end project management, from engineering and design to installation. The Company’s complete oversight of the project from start to finish and its highly experienced staff allow Modern Woodcrafts to offer a level of quality unmatched in the industry.
Generational Equity Executive Managing Director, M&A-Technology Practice Leader, David Fergusson, Jeff Carignan, a Generational Group Authorized Affiliate, with the support of Managing Director, M&A, Corey Painter, successfully closed the transaction. Senior Managing Director, Ashok Tandon, established the initial relationship with Modern Woodcrafts.
“A truly great match and welcome deal for both parties. Modern Woodcraft has a sterling reputation and a modern manufacturing plant with experienced employees. The buyer is highly motivated to enter the industry and add Modern Woodcrafts to vertically integrate its capabilities,” said Carignan.
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.