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Generational Equity Announces the Acquisition of Deacon Industries, Inc., by CSW Industrials, Inc.
By Generational Equity
10/20/2015
Generational Equity, a leading mergers and acquisitions advisor for privately-held, middle-market businesses, is pleased to announce the acquisition of its client, Deacon Industries, Inc. (Deacon), headquartered in Washington, Pennsylvania, by CSW Industrials, Inc. (CSWI), headquartered in Dallas, Texas. The acquisition closed on October 2, 2015.
Deacon is a leading manufacturer of high-temperature sealants and injectable packings with applications in a variety of industrial end-markets, both on an emergency and maintenance basis.
Applications include vacuum or high-pressure situations involving steam, hydrocarbons, and various chemicals. To learn more, visit www.deaconindustries.com.
“Deacon has worked hard to build a reputation in the marketplace for unmatched quality of service and superior product performance,” said Daniel Bruckner, Deacon’s president.
Managing Director Fred Zweifel led the Generational Equity deal team that advised Deacon on the transaction. “Deacon’s unique high-temperature product lines made for a natural fit for CSWI portfolio of products,” stated Zweifel.
CSWI is a diversified industrial growth company with well-established, scalable platforms and deep domain expertise across three segments: Industrial Products; Coatings, Sealants & Adhesives; and Specialty Chemicals.
CSWI’s broad portfolio of leading products provides performance optimizing solutions to its customers. To read more, visit www.cswindustrials.com.
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.