SOURCE: Generational Equity

 
 
May 04, 2009 19:26 ET

Generational Equity Announces Sale of Texas Garden Services to Private Investor

DALLAS, TX--(Marketwire - May 4, 2009) - Generational Equity, an advisor to privately held and family-owned businesses for mergers, acquisitions, and strategic growth initiatives, announced the sale of its client Texas Garden Services, a Dallas-based specialty landscaping company, to a private investor based in Dallas. The amount of the transaction was not disclosed.

Since 1991, Texas Garden Services, a family-owned business, has provided landscaping for high-end residential customers in the Dallas area. The company retained Generational Equity in the summer of 2007 to market the business for sale.

"After seventeen years in the landscaping business, I am ready to explore new ventures, and I am confident I'm leaving the company in good hands," said Greg Otis, owner of Texas Garden Services. "Generational Equity worked closely with me to secure an appropriate buyer and establish an exceptional deal for myself and my employees."

Generational Equity marketed Texas Garden Services widely and received multiple inquiries before identifying a private investor who was interested in applying his managerial and executive experiences to a small business. "From the first meeting, we were confident that the buyer was a good match," said Kyle Coe, Generational Equity managing director for the deal. "We are pleased that we have a deal that benefits both parties and serves the business so well."

"I'm very happy to have found a high-growth company like Texas Garden Services," said the investor. "It's a profitable business, poised for future success. I look forward to building off the company's strong foundation in the future." The deal closed within one year of Texas Garden Services entering the market.

About Generational Equity

Generational Equity is one of the nation's leading middle-market mergers and acquisitions companies, providing private business owners with the information and expertise they require to exit their business successfully. A unique, four-phase approach that includes education, financial analysis and reporting, sales documentation and deal-making ability combine 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 has more than 300 professionals and affiliates nationwide and is headquartered in Dallas, with affiliate offices in New York, Chicago and Irvine, Calif. For more information, contact Generational Equity at 877-213-1792 or info-us@genequityco.com, or visit www.genequityco.com.

About Texas Garden Services

Texas Garden Services is a specialty landscaping company for high-end residential customers. Based in Dallas, Texas Garden Services has been providing customized landscape gardening and installation for its customers since 1991.

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