SOURCE: Generational Equity

Generational Equity

May 04, 2009 19:36 ET

Generational Equity Announces Sale of Libations Wine & Spirits to John A. Hunter Management Corp.

DALLAS, TX--(Marketwire - May 4, 2009) - Generational Equity, an advisor to closely held and family-owned businesses for mergers, acquisitions, and strategic growth initiatives, announced the sale of its client Libations Wine & Spirits, a high-end liquor store in the Denver metropolitan area, to John A. Hunter Management Corp. The value of the transaction was not disclosed.

After attending a seminar in October 2006, the owner of Libations retained Generational Equity to bring the store to market. Generational Equity worked on valuating the company and advised both sides during the deal's closing.

"Our staff remained focused on getting the seller the best deal we could," said David Lewis, Generational Equity managing director on the deal. "Both parties worked together to come to an agreement that would suit them well."

"We are pleased to begin a new business endeavor with the purchase of the Libations store," said April Carvatt of John A. Hunter Management Corp. With its purchase, the group is entering into the wine and beverage industry. "With Generational Equity's support, we have found a successful business that we can continue to grow."

The deal closed after nine months on the market.

About Generational Equity

Generational Equity is one of the nation's leading middle-market mergers and acquisitions companies, providing private business owners with the information and expertise they require to exit their business successfully. A unique, four-phase approach that includes education, financial analysis and reporting, sales documentation and deal-making ability combine 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 has more than 300 professionals and affiliates nationwide and is headquartered in Dallas, with affiliate offices in New York, Chicago and Irvine, Calif. For more information, contact Generational Equity at 877-213-1792 or info-us@genequityco.com, or visit www.genequityco.com.

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