Generational Equity advises Reilly Electrical Contractors on its sale to Crete Mechanical Group

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DALLAS–(BUSINESS WIRE)–Generational Equity, a leading M&A advisor to private companies, is pleased to announce the sale of its client, Reilly Electrical Contractors Inc., to Crete Mechanical Group, Inc. The acquisition has was finalized on September 1, 2022.

Located in South Easton, Massachusetts, Reilly Electrical Contractors (RELCO) is a full-service, licensed and bonded, family-owned and operated electrical and telecommunications contractor serving the New England area. The Company is committed to providing services with exceptional care and excellent quality by continually imagining, creating and delivering ideas to exceed customer expectations. RELCO offers the latest in innovative technology, professionally trained project and production management teams, a skilled workforce and financial stability while focusing on safety to complete any project, no matter how small. size, on time and on budget.

Crete Mechanical Group, (CMG) located in Tampa, Florida, is a leading provider of commercial HVAC, electrical, plumbing, and building automation services to the industrial, multi-family, government, building automation markets. health, education and others. CMG provides a range of corporate, financial and accounting, human resources (including recruitment and retention of technicians), procurement, sales, best practice sharing and general operational support resources to its national network of regional partners, while maintaining a degree of local autonomy that promotes cultural continuity and customer responsiveness. Crete is actively seeking new owner-operator relationships to expand the combined platform across North America.

David Fergusson, Executive Managing Director of Generational Equity, Head of M&A-Technology Practice, and his team led by Managing Director, M&A, Moses Shmueli, with support from Senior Vice President, M&A, Tristan Keeffe, successfully closed the deal. Executive Managing Director and Group Head, Randy Kamin the initial relationship with RELCO.

“This transaction immediately made sense, as both companies share the same mission of building strong and lasting relationships with their customers by providing reliable, high-quality service. It has also allowed Reilly to secure his legacy by ensuring that management, employees and customers will continue to be well taken care of,” Shmueli said.

About Generational Equity

Generational Equity, Generational Capital Markets (member FINRA/SIPC), Generational Wealth Advisors, Generational Consulting Group and DealForce are part of Dallas-headquartered Generational Group, which is one of North America’s leading M&A advisory firms.

With more than 300 professionals in 16 offices across North America, the companies help business owners unlock the wealth of their business by providing growth advisory, merger, acquisition and wealth management services. Their six-step approach includes strategic and tactical growth advice, exit planning training, business valuation, value enhancement strategies, M&A transactional services and wealth management. .

M&A adviser named Investment Banking Firm of the Year three years in a row, Valuation Firm of the Year in 2020 and North American Investment Bank of the Year in 2022. For more information, visit https://www.genequityco.com/ or the Generational Equity newsroom.

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