Generational Equity advises Gemite Products on its sale to WR MEADOWS

DALLAS–(BUSINESS WIRE)–Generational equitya leading M&A advisor to private companies, is pleased to announce the sale of its client, Gemite Products, Inc. to WR MEADOWS, Inc. The acquisition closed on January 21, 2022.

Mississauga, Ontario, based in Canada Gemite Products (Gemite) is a leading technology manufacturer founded over 30 years ago by Igor Nikolajev, P. Eng. President, and the late Dr. Ivan Razl, Ph.D., P.Eng. who held the position of technical director of Gemite. The partners have developed an extensive range of composite waterproofing and restoration products designed to protect reinforced concrete structures around the world in the harshest environments.

WR MEADOWS, located in Hampshire, Illinois, designs, manufactures and markets high quality building materials for today’s construction professionals. The products are sold through an authorized distribution network. WR MEADOWS is a family business that has focused on product quality, exceptional service and business integrity since its founding in 1926.

WR MEADOWS remains committed to producing high quality products and systems that meet or exceed the latest regulations. From highway construction and repair, to building construction and restoration, to sealants/vapour retarders/air barriers and more, they meet the needs of both the public and private sectors of the building construction industry for over 95 years.

The acquisition complements WR MEADOWS’ extensive waterproofing and restoration portfolio. For over 20 years, WR MEADOWS has been the exclusive distributor of Gemite for Canada and the United States beyond the East Coast region.

“Having worked closely with WR MEADOWS for decades, we have found their commitment to product quality and integrity to be genuine. My late business partner Ivan Razl and I have worked hard to build Gemite up to this point , and I feel comfortable seeing WR MEADOWS continuing our legacy of innovation,” said Gemite President Igor Nikolajev.

“WR MEADOWS looks forward to advancing Gemite’s unique technologies for the repair, protection and waterproofing of reinforced concrete structures,” said Glenn Tench, Vice President of Sales and Marketing at WR MEADOWS.

Executive Managing Director Generational Equity, M&A-Technology Practice Leader, David Fergusonand his team led by Senior M&A Advisor, mike hammerwith the support of the Managing Director, M&A, Corey Painter, successfully closed the deal. Chief Executive Officer, Brian Hendershot established the initial relationship with Gemite.

“Working with this client provided a great learning experience on many fronts,” Hammer said.

About Generational Equity

Generational equity, Generational Capital Markets (FINRA/SIPC member), Generational Wealth Advisors, Generational advisory groupand AccordForce are part of the Generational groupheadquartered in Dallas, is one of North America’s leading M&A advisory firms.

With more than 250 professionals in 16 offices across North America, the companies help business owners unlock the wealth of their business by providing growth advisory, merger, acquisition and wealth management services. Their six-step approach includes strategic and tactical growth advice, exit planning training, business valuation, value enhancement strategies, M&A transactional services and wealth management. .

The M&A adviser named the company Investment Banking Firm of the Year three years in a row and Valuation firm of the year in 2020. For more information, visit https://www.genequityco.com/ or the Newsroom Generational Equity.

Comments are closed.