DALLAS–(BUSINESS WIRE)–Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Majestic Turbo-Dallas, Inc. to a Private Investor. The transaction closed February 16, 2022.
Located in Irving, Texas, Majestic Turbo-Dallas (Majestic) is a wholesaler, distributor, retailer, servicer, and re-manufacturer of turbochargers for cars, trucks, and heavy equipment. Historically, sales are generated primarily from new turbochargers and service/repair.
Majestic’s target markets include trucking companies, construction related, and the automotive industries. Geographically, the Company generates most revenue in North Texas, with the remaining coming from other states including Florida, Arkansas, Oklahoma, Louisiana, New Mexico, and Mississippi.
Generational Equity Executive Managing Director of M&A – Central Region, Michael Goss, and his team led by Senior M&A Advisor, Cory Strickland, with support from Vice President, M&A, Jacob Mangalath, successfully closed the transaction. Executive Managing Director, Bill Kushnir established the initial relationship with Majestic.
“This is an excellent example of matching a perfect buyer and seller to an opportunity that you know will enable the business to thrive for years to come. I’m happy to have been able to connect the dots,” said Strickland.
About Generational Equity
Generational Equity, Generational Capital Markets (member FINRA/SIPC), Generational Wealth Advisors, Generational Consulting Group, and DealForce are part of the Generational Group, which is headquartered in Dallas and is one of the leading M&A advisory firms in North America.
With more than 250 professionals located throughout 16 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 and Valuation Firm of the Year in 2020. For more information, visit https://www.genequityco.com/ or the Generational Equity press room.
Contacts
Carl Doerksen
972-342-0968
cdoerksen@generational.com
