Generational Group Facilitates Sale of Cambrian Granite & Stone II, Inc.
DALLAS-- Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the successful sale of its client, Cambrian Granite & Stone II, Inc., to Ownershift, Inc. This dynamic acquisition comes as a testament to the solid strategies employed by Generational Group in connecting businesses with motivated buyers.
Cambrian Granite & Stone II, Inc.
Founded in 1997 and located in Cedar Falls, Cambrian Granite & Stone II, Inc. specializes in providing top-quality natural stone countertops. The company serves a diverse clientele in eastern Iowa, southwest Wisconsin, and northern Illinois. Their projects range from residential to commercial sectors, including installations in hospitals and schools. With a reputation for excellent service and a skilled workforce, Cambrian Granite integrates advanced technologies while focusing on the utmost care for their clients.
A Legacy of Quality Service
Marc Schweer, President of Cambrian, reflects on the company’s journey, stating, “When my brother Brent and I bought Cambrian 15 years ago, our goal was to become a premier supplier of natural stone countertops in our area by emphasizing quality service, and we achieved that.” The inspiration to pass this legacy to a new generation arose as they decided to focus on their passion for the family farm. Ownershift was selected as the preferred buyer, valuing employee involvement in ownership.
Ownershift's Innovative Approach
Ownershift, Inc., based in Denver, Colorado, centers its mission around facilitating post-retirement transitions for small business owners. They acquire companies and empower their employees through ownership programs. This strategic model not only builds wealth for employees but fosters an environment of shared responsibility and growth. Ownershift is dedicated to matching established companies with capable leaders, ensuring continuity and long-term success for all parties involved.
Commitment to Employee Ownership
Through their unique approach, Ownershift offers businesses a seamless succession plan that emphasizes financial education and support, vital for fostering a thriving workplace environment. As small business owners plan their futures, Ownershift strives to ensure their legacy continues through capable employee leadership.
Role of Generational Group in this Transition
The successful transition of Cambrian Granite & Stone II, Inc. was made possible by the expertise of Generational Group’s Executive Managing Director of M&A – Central Region, Michael Goss, along with his powerful team. Senior Managing Director, Cory Strickland, and Managing Director, Ryan Johnson, played critical roles in this transaction. Together, they worked diligently to establish the initial rapport with Cambrian, ensuring a smooth and successful deal.
Pursuing Lasting Value
Ryan Binkley, the CEO of Generational Group, expressed pride in their part of the transaction. He noted, "This transaction showcases our commitment to facilitating deals that create lasting value for both parties, reinforcing our dedication to connecting established businesses with innovative successors.”
About Generational Group
Headquartered in Dallas, Generational Group is a premier business advisory firm with an award-winning history. The firm boasts over 350 professionals distributed across 16 offices in North America. They assist business owners in optimizing their company’s wealth through growth consulting, mergers, acquisitions, and wealth management services. Offering a wide array of advisory solutions, Generational Group provides strategic growth consulting, valuation services, and long-term wealth planning. Their team is devoted to helping business owners thrive and maximize their exit potential.
Frequently Asked Questions
What is the significance of the sale of Cambrian Granite & Stone II, Inc.?
This sale marks an important transition for Cambrian, emphasizing employee ownership and succession planning.
Who facilitated the transaction for Cambrian Granite & Stone II, Inc.?
The process was led by Generational Group, an M&A advisory firm specializing in private businesses.
What are the core services provided by Generational Group?
Generational Group offers numerous services including mergers and acquisitions, growth consulting, and wealth management tailored to business owners.
What is Ownershift's mission?
Ownershift aims to help small business owners transition into retirement while empowering employees through ownership opportunities.
How does Cambrian Granite & Stone II, Inc. ensure quality service?
The company combines skilled staff and advanced technology to deliver quality natural stone countertop solutions for various projects.
