Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of its client, Smith Equipment Solutions, to Brixey & Meyer Capital (“BMC”). The acquisition closed on October 31, 2024.

Located in Raleigh, North Carolina, Smith Equipment Solutions (“Smith”) is a second-generation family business specializing in the commercial equipment sector, with a primary focus on the automotive industry. The company sells, maintains and installs automotive service equipment, compressed air and fluid transfer systems for clients across various industries.

As a leading provider of industrial equipment, sales, service, and preventative maintenance, Smith supports automotive repair centers and dealerships throughout the Carolinas.

BMC is a private investment firm headquartered in Cincinnati, Ohio that specializes in investments across the manufacturing, healthcare, distribution, and business services sectors. The Smith transaction represents BMC’s second investment into the automotive aftermarket equipment industry. Smith’s previous owners will retain an ownership stake alongside BMC.

Jack Sluiter, Generational Managing Director of M&A, stated, “This was a classic situation where a great 2^nd generation business had reached its max growth under its own power. What was needed was a qualified buyer who understood their niche industry and had the human and financial resources to grow. That’s what they found with BMC.”

Ryan Binkley, CEO of Generational Group, added, “This transaction highlights our commitment to facilitating deals that create lasting value for both parties. At Generational Group, we are proud to facilitate such impactful transactions.”

Generational Group Executive Managing Director, M&A, David Fergusson, and his team led by Managing Director, M&A, Jack Sluiter, with the support of Senior Vice President, M&A, Tristan Keeffe, successfully closed the deal. Senior Managing Director, Doug Morrow established the initial relationship with Smith Equipment Solutions.

About Generational Group

Generational Group, headquartered in Dallas, is a leading, award winning, full-service business advisory firm. With more than 350 professionals located throughout 16 offices in North America, the company helps business owners release their business’ wealth by providing growth consulting, merger, acquisition, and wealth management services. The Generational suite of advisory services includes strategic growth consulting, exit planning education, business valuation, value enhancement strategies, M&A services, digital services, and wealth management.

For more information visit https://generational.com/

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