Generational Equity Announces the Acquisition of H&S Autoshot Manufacturing by Nutec Systems Inc.
By Generational Equity
02/09/2016
Generational Equity, a leading mergers and acquisitions advisor for privately-held, middle-market businesses, is pleased to announce the acquisition of its client H&S Autoshot Manufacturing (H&S Autoshot), headquartered in Georgetown, Ontario, by Nutec Systems Inc. (Nutec), headquartered in Gurnee, Illinois. The acquisition closed on January 11, 2016.
H&S Autoshot manufactures spot welding and dent pulling equipment for the auto body repair industry. H&S Autoshot serves the automotive aftermarket, including 85 active customers across the US and 35 in Central and Western Canada. To learn more, visit www.hsautoshot.com
Managing Director Douglas Smith and his team, led by affiliate Mike Hammer and working with the support of Vice President Musa Jagne, led the Generational Equity deal team that advised H&S Autoshot on the transaction.
“The synergies provided and the tenacity of the buyer, aided by his well-informed and competent attorney, were the key elements to this successful transaction,” stated Hammer.
Nutec provides arc welding and plasma cutting equipment to the automotive aftermarket. Nutec’s main focus is to provide automotive repair professionals with the highest quality tools and systems to increase their productivity. To learn more, visit www.nu-tecsys.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.