DALLAS--(BUSINESS WIRE)--Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Douglass Safety Systems, Inc. to Municipal Emergency Services, Inc. The acquisition closed October 19, 2020 and details were not disclosed.
Douglass Safety Systems (DSS), located in Sanford, Michigan and founded in 1994, is a leading safety equipment supplier to municipal and volunteer fire departments and industrial corporations throughout the state of Michigan. DSS differentiates itself through its 25-year history, brand name, experienced sales reps, commitment to customers, and by providing industry-leading products and superior service.
Established in 2001, Municipal Emergency Services, Inc. (MES) has quickly grown to be a leading supplier of many of the best brands in the fire service, including 3M Scott, Honeywell, FireDex, Seek Thermal, Hurst Jaws of Life, Matex Hose, 5.11 Tactical, and Genesis Rescue Systems. With a national network of sales representatives, mobile service technicians, and in-house service centers strategically located around the United States, they can assure that their customers purchase quality name brand equipment. Headquartered in Sandy Hook, Connecticut, the company employees a team of over 400 dedicated employees to serve communities throughout the United States.
Tom Hubregsen, MES CEO, commented, “We are excited to welcome the DSS team into the MES family. With our shared values around customer service, knowledgeable sales professionals and service technicians, DSS is a perfect addition for MES.”
Doug Engwis, owner of DSS, remarked, “Now DSS customers will have access to MES’s extensive line of products and services. In addition, our customers will be able to leverage MES’s state of the art ordering and e-commerce platforms.”
Generational Equity Executive Managing Director of M&A – Central Region, Michael Goss, and his team lead by Senior M&A Advisor, Joe Hige, with the support of Managing Director, Ryan Johnson, successfully closed the deal. Senior Managing Director, Ashok Tandon established the initial relationship with DSS.
“The nationwide fire service distribution capability of MES will strengthen the dominant sales and service provided by the DSS brand in the state of Michigan,” said Hige.
About Generational Equity
Generational Equity, Generational Capital Markets (member FINRA/SIPC), Generational Wealth Advisors, Generational Consulting Group, and DealForce are part of the Generational Group, which is headquartered in Dallas and is one of the leading M&A advisory firms in North America.
With over 250 professionals located throughout North America, the companies help business owners release the wealth of their business by providing growth consulting, merger, acquisition, and wealth management services. Their six-step approach features strategic and tactical growth consulting, exit planning education, business valuation, value enhancement strategies, M&A transactional services, and wealth management.
The M&A Advisor named the company the 2016, 2017, and 2018 Investment Banking Firm of the Year. For more information, visit https://www.genequityco.com
