DALLAS, Aug. 12, 2014 (GLOBE NEWSWIRE) -- Generational Equity, a leading mergers and acquisitions advisor for privately-held, middle-market businesses, is pleased to announce the acquisition of its client, Colorado WaterJet Company, headquartered in Berthoud, Colorado, by MJJ Incorporated, headquartered in Johnstown, Colorado. The acquisition closed on June 2, 2014.
Colorado WaterJet is Colorado's oldest, largest, and most experienced job shop specializing in abrasive waterjet shape cutting. The Company performs specialized metal cutting work primarily for manufacturers and machine shops in the Rocky Mountain Region with most of the business being generated in the Colorado Front Range. The Company has extensive expertise working with ferrous, non-ferrous, and specialty exotic metals, as well as other materials. Prototype, short-run, and production services are available.
Managing Director Stephen Crisham, his Vice President Mike Meredith, and their affiliate Donald Beezley led the Generational Equity deal team that advised Colorado WaterJet on the transaction. Mr. Beezley commented, "The engineering background and expertise of the buyer makes this a tremendous fit and creates an opportunity for significant growth and success."
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 M&A Consulting Firm of the Year. For more information visit the following websites at www.genequityco.com, www.gecpress.com or http://blog.genequityco.com/.