A private investor based in Slidell, Louisiana, acquired Generational Equity client The Mell Group LLC. The deal closed December 1, 2016.
The Mell Group, based in Birmingham, Alabama, is a manufacturer representative for library furniture and shelving with exclusive rights in Alabama. The company also sells auditorium seating.
The private investor who acquired The Mell Group is a skilled and successful salesman with experience in the library furniture and shelving industry.
“This was a very good match,” said Sumner. “Finding an experienced person in this industry was a key to this successful closing.”
Read more on the acquisition here.
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