Generational Group Backs Management Buyout of Precocity
February 1, 2022
Generational Group has backed a management-led buyout of Dallas-based tech consulting firm Precocity, finalizing the transaction with Precocity's parent company, Chenega Corporation, on February 1, 2022. The acquisition brings software engineering, data science/AI, cloud and UX capabilities into Generational's advisory platform to expand its technology services offering.
- Buyers
- Generational Group, Precocity management team
- Targets
- Precocity
- Sellers
- Chenega Corporation
- Industry
- IT Services
- Location
- Texas, United States
- Transaction Type
- Buyout
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