DA Mid South Sold to Private Investor

Private Investor Acquires Midway Machine & Instrument Company

September 29, 2023

Manufacturing

Midway Machine & Instrument Company, a South Houston-based precision machine shop serving aerospace, medical, energy, government and other end markets, was sold to a private investor. The transaction, advised by Generational Equity, closed on September 29, 2023 and transfers ownership from the company's prior private owners to an individual/private investor.

Ag Express Electronics Acquires Manufacturing and Distribution Divisions of The Daugherty Companies

January 2, 2020

Manufacturing

Ag Express Electronics (Des Moines, IA) acquired the assets of the manufacturing and distribution divisions of The Daugherty Companies (Warren, IN) effective January 1, 2020. The acquired assets include Alliance Group Technologies and The Vanguard System; operations will continue at the Warren facility and current employees were retained while The Daugherty Companies corporate entity remains in business providing Ag-Serv services.

CAI Capital Partners Invests in Midwestern Electric

October 31, 2021

Electrical Services

Vancouver-based private equity firm CAI Capital Partners has partnered with Midwestern Electric, a specialty electrical infrastructure services provider headquartered in East Chicago, Indiana. Management (including Ryan Rentschler, Ryan Lepper and Lenore Obajtek) retained meaningful equity and will continue to lead the business as CAI provides capital (with debt financing from CIBC) to support platform growth and expansion of MWE's municipal and commercial electrical services.

Beaudoin Electrical Construction Sold to Private Investors

April 4, 2022

Construction

Beaudoin Electrical Construction, a Sodus, Michigan electrical contractor founded in 1972, was sold to private investors in a transaction that closed April 4, 2022. Generational Equity advised the deal; owner Jim Gunn established an ESOP as part of the transaction to provide employee ownership and retirement benefits.

JAL Equity Acquires Directional Advertising Solutions (DAS Group)

November 30, 2021

Marketing & Advertising

JAL Equity has acquired Directional Advertising Solutions, Inc. (dba DAS Group), a Weston, Florida-based digital marketing firm, in a transaction that closed on November 30, 2021. DAS Group provides local digital marketing, lead generation and web development services to franchise organizations and multi-location national and regional brands; the sale enabled one partner to retire while the other remains involved.

Majestic Turbo-Dallas Sold to Private Investor

February 16, 2022

Automotive

Generational Equity advised the sale of Majestic Turbo‑Dallas, Inc., a Dallas‑area wholesaler, distributor, servicer and remanufacturer of turbochargers, to a private investor. The transaction closed on February 16, 2022 and transfers ownership of the Irving, Texas business to the unnamed individual buyer.