Industry News

TMCNet:  Generational Equity Advises Wilmington Instrument in its Sale to Global Test Supply

[November 23, 2021]

Generational Equity Advises Wilmington Instrument in its Sale to Global Test Supply

Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client Wilmington Instrument Co. to Global Test Supply, Inc.

Wilmington Instrument Co. (Wilmington) is located in Wilmington, California and has over 70 years of experience as a distributor of process and test instrumentation. Wilmington services a broad range of industries including petrochemical, power generation, water and wastewater management, aerospace, shipbuilding and maritime, pharmaceutical, food processing, and construction. Their broad range of offered products includes gas detection, calibration, electrical and temperature instruments, and more.

Global Test Supply (Global), located in Wilmington, North Carolina, provides a wide variety of calibration services, test equipment rentals, and training. The Company offers an excellent selection of quality products while providing reliable service and competitive prices. Their ecommerce website offers customers a Secure Online Shopping and Purchasing Store 24/7 with on hand experts ready to assist purchasing decisions. They know online shopping can be a little intimidating, that's why Global's site is extremely secure and simple to navigate. With over 30 years of selling quality instrumentation, they know the importance of service, support, customer experience, inventory and price.

Generational Equity Executive Managing Director of M&A - Western Region, Stephen Crisham, led by Sr. Managing Director Mergers & Acquisitions, Fred Zweifel, with support by Sr. Managing Director - Western Region, Lori Galloway closed the transaction. Executive Managing Director, Edward Weber, established the initial relationship with Wilmington.


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 more than 250 professionals located throughout 16 offices in 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 2017 and 2018 Investment Banking Firm of the Year and Valuation Firm of the Year in 2020. For more information, visit https://www.genequityco.com/ or the Generational Equity press room.


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