DALLAS, Nov. 1, 2016 /PRNewswire/ — Generational Equity, a leading mergers and acquisitions advisor for privately held, middle-market businesses, is pleased to announce the sale of its client, Tiedemann-Bevs of Richmond, IN, to Strength Capital of Birmingham, MI. The acquisition closed Sept. 26, 2016. Details were not disclosed.

Tiedemann-Bevs, a 150-year-old company, acts as a distributor of textiles, fabric and other soft goods to casket manufacturers. The company is the largest domestic distributor of textiles in its space and caters to leading casket manufacturers such as Batesville Casket Company of Hillenbrand Industries and Matthews International, among many others.

Strength Capital is a private equity firm that invests in businesses with $4 million to $20 million in EBITDA, with a primary focus on platforms in the Central United States.

Musa Jagne, Vice President, Mergers and Acquisitions for Generational Equity, led the deal to a successful close.

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 M&A education, financial analysis and reporting, sales documentation and deal-making. The M&A Advisor recently recognized the team as Valuation Firm of the Year. For more, visit www.genequityco.com and the Generational Equity press room.

For more information:
Carl Doerksen
972-232-1125
cdoerksen@generational.com

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SOURCE Generational Equity