Dallas-based Generational Equity, a mergers and acquisitions advisor for privately held businesses, announced on Wednesday a management buyout of its client, Brazos Commercial Roofing, by David Galloway, previously a co-owner of the company.
In a Dec. 27 news release, Generational Equity said that moving forward, Brazos Commercial Roofing will be solely owned by Mr. Galloway. The buyout was completed on December 15, and details of the transaction were not made public.
Founded in 2017, Brazos Commercial Roofing is headquartered in the Houston suburb of Clute, Texas. The firm offers new construction, renovations, waterproofing, cleaning, and maintenance services for commercial, multi-residential, and industrial buildings. The BCR team specializes in coatings, TPO and metal roofing.
Generational Equity Managing Director Mergers & Acquisitions Don Ho was the lead dealmaker who closed the management buyout. The company said Ho acted as a mediator between all parties and guided both principals with due diligence and the definitive purchase agreement with the mediator's attorney. Vice President, M&A, Lance Thomasson supported him.
"Don Ho was instrumental in guiding the process seamlessly from start to finish, through at times troubled waters,” Galloway said after the deal was inked. “Don worked through many decision forks and made sure that all parties involved reached a mutually agreeable conclusion; I give my highest recommendation on Don Ho's abilities to make the improbable a reality."
Ho is a senior dealmaker and executive managing director of M&A - Central Region Michael Goss’s transaction group, which serves clients primarily in the Central U.S. region. Executive Managing Director – North America, Edward G. Weber, established the initial relationship with a Brazos-related entity.
“I am thankful that we were able to structure a transaction with deal terms that made sense to all parties and that allowed each person to achieve their goals,” Ho said upon execution of the deal.
“David Galloway is a brilliant and hardworking owner who holds clients and employees in the highest regard. This transaction will allow him the ability to control his own destiny and future, which is quite bright,” He added.
For more information, visit genequityco.com.