Generational Equity Announces Sale of MetalSpand, Inc. to Niles MetalSpand, LLC
By Generational Equity
12/29/2014
Generational Equity, a leading advisor to privately held and family-owned businesses for mergers, acquisitions, strategic growth initiatives, business valuation and exit planning announced the acquisition of its client, MetalSpand, Inc. (MetalSpand), headquartered in Waurika, OK, by Niles MetalSpand, LLC (Niles), a Niles International company. The transaction closed on December 5, 2014.
MetalSpand is a locally-owned and operated expanded metal manufacturer that serves customers across the South-Central U.S. The Company’s products include standard, flattened, and grating carbon steel sheets for warehouse consignment operators and industrial manufacturers.
With operations spanning over 40 years, MetalSpand’s greatest attributes are its long-term customer relationships, market location, highly-skilled employees, and quality commitment to customers.
Managing Director, Michael Goss, and Senior M&A Advisor, Fred Phillips, led the Generational Equity deal team that advised MetalSpand on the transaction.
According to Fred Phillips, “MetalSpand’s location, customer base, and experienced employees allowed Niles to quickly and efficiently expand their organization and position themselves for continued growth.”
Niles International is The Expanded Metal Company, The Advanced Composites Group and NEM Logistics. The Expanded Metal Company is focused on everything in expanded metals, plastics and gratings and all divisions are ISO quality certified under 9001:2008 and the Aerospace Division is AS 9100:2009.
The Advanced Composites Group engineers, manufactures, and develops a suite of technologies from the best available materials using Nano-enhanced resins, films, and non-woven fabrics for integration into composite materials.
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.