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Generational Group Advises Hales Engineering in its Sale to Salt Brothers Holdings
By Generational Group
11/27/2024
Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of its client Hales Engineering, LLC to Salt Brothers Holdings, LLC. The acquisition closed April 26, 2024.
Hales Engineering (Hales), located in Lehi, Utah, specializes in providing traffic engineering and transportation planning services to clients in the public and private sectors. Importance is placed on developing creative, cost-effective, and technically sound solutions to planning and design problems associated with all modes of transportation.
Over the last 20 years the Hales’ professional staff has developed a considerable reputation in the traffic engineering and transportation planning fields. Hales’ commitment to quality and personal service is evidenced in its large number of repeat clients. The many transportation developments planned and evaluated by the Company are further testimony to the creative talent, extensive practical experience, and consensus-building ability of Hales’ staff.
Generational Group Executive Managing Director, M&A – Western Region, Lori Galloway, and her team led by Senior Managing Director, M&A, Fred Zweifel closed the transaction. Senior Managing Director, James Carr established the initial relationship with Hales
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.