Generational Group Advises Smith Equipment Solutions in Sale to Brixey & Meyer Capital
Generational Group, a premier mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the successful sale of its client, Smith Equipment Solutions, to Brixey & Meyer Capital (BMC). The transaction was finalized on October 31, 2024.
Based in Raleigh, North Carolina, Smith Equipment Solutions is a second-generation family-owned business specializing in commercial equipment, with a strong emphasis on the automotive sector. Smith provides sales, maintenance, and installation services for automotive service equipment, as well as compressed air and fluid transfer systems, serving a diverse range of industries. The company is recognized as a leading provider of industrial equipment, offering service and preventative maintenance to automotive repair centers and dealerships throughout the Carolinas.
Brixey & Meyer Capital, headquartered in Cincinnati, Ohio, is a private investment firm that focuses on investments in manufacturing, healthcare, distribution, and business services sectors. This acquisition marks BMC’s second investment in the automotive aftermarket equipment industry. Following the sale, Smith’s previous owners will retain an ownership stake in the company alongside BMC, continuing to be involved in its growth.
Jack Sluiter, Managing Director of M&A at Generational Group, explained, “This was a classic case of a successful second-generation business that had reached its growth potential on its own. The company needed a qualified buyer who understood the niche industry and had the resources to scale further. BMC was the perfect fit.”
Ryan Binkley, CEO of Generational Group, commented, “This transaction underscores our commitment to facilitating deals that create long-term value for both parties. We are proud to have played a role in this meaningful transaction.”
The deal was led by Generational Group’s Executive Managing Director, M&A, David Fergusson, along with Managing Director, M&A, Jack Sluiter, and Senior Vice President, M&A, Tristan Keeffe. Doug Morrow, Senior Managing Director, was instrumental in establishing the initial relationship with Smith Equipment Solutions.
This successful sale illustrates Generational Group’s expertise in guiding businesses through the M&A process, helping clients achieve strategic growth and ensuring a smooth transition of ownership.
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.
