Generational Equity Announces the Sale of Enterprise 24×7 to E&E Technical Consultants
By Generational Equity
10/12/2016
Generational Equity, a leading mergers and acquisitions advisor for privately held, middle-market businesses, is pleased to announce the sale of its client, Enterprise 24×7, Inc., of Tallahassee, FL, to E&E Technical Consultants, LLC, of Mechanicsburg, PA. The acquisition closed February 10, 2016. Details were not disclosed.
Enterprise 24×7 provides high quality, reliable technical assistance and IT consulting services to government agencies and private companies. Its services include database development and administration, system and network administration, and software development.
The buyer, E&E Technical Consultants, offers all levels of skilled IT professionals to clients in central Pennsylvania. The company has been recognized for six consecutive years as one of the Top 50 Fastest Growing Companies in its region.
E&E is a certified Woman Business Enterprise (WBE) for Pennsylvania, Virginia, New Jersey, and the City of Philadelphia, and is a GSA IT Services Schedule Provider.
Don Sawyer, Managing Director of mergers and acquisitions at Generational Equity; Rebecca Gruman, Vice President of Generational Equity; and affiliates Richard and Alison Estrin led the transaction.
Ms. Gruman stated, “This merger will allow the combined entity the ability to synergistically expand their service offering and grow geographically.”
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.