DALLAS, Oct. 18, 2017 /PRNewswire/ -- Generational
Equity, a leading mergers and acquisitions advisor for privately
held businesses, is pleased to announce the sale by its client,
Power Sources Unlimited Inc. (PSUI), of PSUI's distribution and
supply business to Sager Electronics. The acquisition closed
October 2, 2017.
Power Sources Unlimited, headquartered in Wrentham, Massachusetts, is a specialty
distributor of power conversion products. It is an ISO 9001:2008
authorized stocking distributor in North America for AC-DC power supplies, DC-DC
converters, DC UPS, industrial power, medical power, LED power,
green power and telecom/wireless power for small, medium and large
quantity OEM customers. PSUI Owner and Founder Ray Newby and his inside technical sales team
will now join Sager Electronics.
"PSUI has established a niche in power supply distribution, but
the opportunity to bring our technical sales expertise to a broader
scope of customers couldn't be ignored," said Newby. "The PSUI team
is excited to join Sager Electronics and support its efforts to
expand its specialized group, Sager Power Systems."
Sager Electronics, based in Middleborough, Massachusetts, is a leading North American
distributor of interconnect, power and electromechanical components
and provider of value-add solutions. It is a wholly owned
subsidiary of TTI Inc., a Berkshire Hathaway Inc. company. Sager
operates a national network of field sales representatives and
power systems sales engineers, strategically located service
centers across North America, and
a value-add power solutions center located in Carrollton, Texas.
"PSUI is a small, but strong player in power supplies in
North America with a
well-established presence in the Northeast," said Sager President
Frank Flynn. "This acquisition
furthers our specialization in power by strengthening our technical
expertise and enhancing our depth with our power supply
manufacturers in common."
Generational Equity Managing Director Doug Smith's team, led by affiliate Ahmad Behjati with support from Generational
Equity VP Ryan Johnson, successfully closed the deal. Bill Kushnir, Generational Equity Executive
Managing Director, established the initial relationship with Power
Sources Unlimited.
"It was a great pleasure to work with both PSUI and Sager, the
leadership of both companies understand the value of Client and
Human Resources," said Behjati. "Sager is a great home for PSUI's
distribution and supply business and its employees, suppliers and
clients. I believe we found a right home for PSUI's
business and its team."
About Generational Equity
Generational Equity, part of the Generational Group
headquartered in Dallas with over
200 professionals located throughout North America, helps business owners release
the wealth of their business by providing merger, acquisition and
strategic growth advisory services. Their four-step approach
features exit planning education, business valuation, value
enhancement strategies, and M&A transactional services. The
M&A Advisor recently named the company its 2016 Investment
Banking Firm of the Year. For more, visit
http://www.genequityco.com or the Generational Equity press
room.
For more information:
Carl
Doerksen
972-232-1125
cdoerksen@generational.com
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SOURCE Generational Equity