Transaction
Share
Generational Equity Advises Simplus Management in Sale to RTC Partners
By Generational Equity
12/20/2018
Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Simplus Management Corp., to RTC Partners. The acquisition closed June 29, 2018.
Based in Los Alamitos, Simplus Management provides professional program, project and construction management services to governmental agencies and to architect and engineering firms throughout Southern California.
RTC Partners, headquartered in New York City, is a private investment firm that partners with managers of middle market companies to unlock growth opportunities. RTC Partners combined the Simplus Management acquisition with three other businesses to form Anser Advisory, its new portfolio company that specializes in capital program funding, program management, project management, construction management and executive advisory services nationwide. RTC anticipates continuing to grow Anser through acquisitions.
Generational Equity Senior Managing Director Stephen Crisham, with support from VP Chad Comroe, carried the deal to a successful close. Executive Managing Director Randy Kamin established the initial relationship with Simplus.
“This acquisition fit nicely into the strategy being implemented by the buyer,” said Crisham. “It fit the line of business as well as the geographic market.”
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.