DALLAS, June 9, 2015 /PRNewswire/ — Generational Equity, a leading mergers and acquisitions advisor for privately-held, middle-market businesses, is pleased to announce the acquisition of its client, Safety Schell Corporation (dba Special Products Group) (SPG), located in Boynton Beach, Florida, by Red The Uniform Tailor Inc. (RTUT), headquartered in Lakewood, NJ. The acquisition closed on May 12, 2015.
SPG is a head-to-toe supplier of armor, uniforms, gear and related items to public safety officers through a fully functional ecommerce website and retail outlets. SPG offers products ranging from tactical and protective gear to holsters, handcuffs and uniforms. SPG also provides full uniform customization through embroider and alteration services.
Managing Director Don Sawyer, Vice President Rebecca Gruman, and Affiliate Mike LoConte, led the Generational Equity deal team that advised SPG on the transaction. Vice President Rebecca Gruman stated, “The acquisition of SPG by RTUT was an excellent and synergistic option for both entities that will benefit all current and future agencies and customers.”
RTUT has been in the uniform industry for over 38 years. RTUT operates two domestic factories solely for the manufacturing of uniforms, and also represents over 350 other manufacturers. RTUT serves agencies throughout the United States and abroad. They currently have retail locations in GA, TX, HI, WI, and FL. To learn more, visit shop.rtut.com.
About Generational Equity
Generational Equity provides mergers, acquisitions, strategic growth advisory services, and information for privately held and family-owned businesses to exit their companies successfully. Generational Equity uses a four-phase approach that includes education, financial analysis and reporting, sales documentation and deal-making ability to offer business owners an unparalleled level of commitment and experience, all focused on helping to release the generational equity and wealth in every business. Generational Equity is headquartered in Dallas, TX, has more than 200 professionals in North America, and was recently recognized by the M&A Advisor as the Valuation Firm of the Year. For more information visit the following websites at www.genequityco.com, www.gecpress.com or http://blog.genequityco.com/.
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SOURCE Generational Equity