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Insights > Generational Equity Advises MS Rubber Company in its Sale to TRG

Generational Equity Advises MS Rubber Company in its Sale to TRG

By Generational Equity

MS Rubber Company

We are pleased to announce the sale of Generational Equity client MS Rubber Company to TRG, LLC. The transaction closed September 12, 2023.

Founded in 1963, and located in Jackson, Mississippi, MS Rubber Company (MS Rubber) is an industrial supplier and fabricator of rubber products including hydraulic hoses, fittings, belts, gaskets, rubber sheeting, expansion joints, plastic sheets and related products. The Company is an authorized dealer of Danfoss Hydraulics products.

MS Rubber maintains excellent relationships with commercial industrial businesses in Mississippi and the Southern United States. The Company’s products are used by a variety of industries including manufacturing, public administration, waste disposal, construction, mining, agriculture, and more.

Headquartered in Appleton, Wisconsin, TRG provides maintenance services, critical equipment (new and restored), and the distribution of sealing solutions for various United States and Canadian industrial facilities.

Generational Equity Executive Managing Director of M&A – Central Region, Michael Goss, and his team, led by Senior Managing Director, Cory Strickland, with the support of Vice President, M&A, Lance Thomasson, closed the deal. Senior Managing Director Doug Morrow established the initial relationship with MS Rubber.

“This was one of those rare instances where the perfect seller and the perfect buyer came together at the same time. MS Rubber, run by sisters Sandy and Rhonda were ready to exit the family’s industrial supply business and along came TRG who is also in the industrial supply business and wanting to expand, and we made a deal,” said Strickland.

Strickland added, “It is great to know that we have found the perfect fit to take MS Rubber into the future and to carry on the family’s legacy.”

If you would like to explore other transactions our associates have supported in this industry, visit our dedicated Industrials M&A Deals page.

Carl Doerksen is the Director of Corporate Development at Generational Equity.

© 2023 Generational Equity, LLC All Rights Reserved

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Thanks to you, the entire GE team and especially Michael Goss for driving a great valuation, coaching me and driving the process across the finish line. Please let me know if there is anything I can do to support GE going forward.
Tom Currier, Former President & CEO, Rackmount Solutions
I must say that I have never worked with a more driven, competent and focused individual as Don Ho.
Jay Dinnison, Owner of Sharpe Mixers
I quickly recognized that Don was working for Sharpe Mixers above all else, and held our interests above others.
Jay Dinnison, Owner of Sharpe Mixers
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Rick Nowak, President/CEO, Kurz Electric Solutions, Inc.
We were represented by Michael Goss with Generational. The due diligence was grueling and exhausting, but Michael propped us up and kept us motivated throughout the process. Debi and I continued to ask each other how we could possibly make it through this process without the assistance of Michael. Michael's professionalism and knowledge is absolutely amazing, and we are so blessed to have had him by our side as we made our future dreams come true.
Bob and Debi Lee, Owners of BL Technology, Inc and BL Tl Services, LLC
I decided to attend the conference and hopefully receive some guidance on how to structure an exit plan of my business. Upon arriving at the conference, I was so impressed with the presentation given by Generational Equity that I set a future appointment that week to discuss the possibility of selling my business with their Senior Managing Director David Robinson.
JoAnn Ellis, Owner of Fondren 5 Star Kennels
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Pete L.
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Terry D. Wickman, President, Keytroller
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Bryan D. Horn, Owner, Over Under Clothing
After attending a conference with GE, I decided that the value they bring would be worth the expense and as soon as I started working with them, I realized that was the right decision. When we started to get LOIs, Fred Zweifel took the lead on the communication and supported negotiations throughout the process, which got tricky as we moved forward. I learned that it can be common for companies to make a great offer then work to erode that price with their discoveries, but Fred and the GE team kept that from happening.
Caroline Connelly, CEO, OptoTest
We were happy to see the interest in our company and what we cherished has not just a valuable company but an important company to the communities we served in.
Larry Moore, Owner, A Company Portable Restrooms
The help you provided us during each step of this process made us feel very comfortable and confident we were selecting the right approach to transition our Company.
Andy Graham, Vice President, Modern Heating & Plumbing
The process was much more involved than I expected and your help, experience and advice was a big factor in making the negotiations go as smoothly as possible.
Terry D. Wickman, President, Keytroller
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Bil MacLeslie, CEO, ipHouse
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Bil MacLeslie, CEO, ipHouse
I wanted to take this opportunity to thank you for all that you have done for us. Not only did you take care of all the aspects of the sale but took extra care to make sure we knew what it looked like every step of the way. I will definitely recommend your company to anyone that is in a position to or looking to exit their business.
Shane and Johanna Kline, Owners of Vision Upfitters
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Rick Nowak, President/CEO, Kurz Electric Solutions, Inc.
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Rick Greene of Dobbs Equity Partners LLC
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Larry Moore, Owner, A Company Portable Restrooms
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Rick Nowak, President/CEO, Kurz Electric Solutions, Inc.
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Bil MacLeslie, CEO, ipHouse
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Eric Erlandson, Owner, Action Fastenings, Inc.
I need to say an immense thank you to Don Ho for his stellar work ethic, attention to detail, and tireless effort. Also thank you to the whole crew at GE! Without you, Don could not do such a phenomenal job. We were shooting for closing and funding before the end of 2020, due to the uncertainty of the political landscape and taxes. I am happy to report we closed last week and will be funding tomorrow.
Dr. Caty J. Catron PhD, RN, VA-BC – Owner, Vic The Picc, LLC
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Robert Evans, President and CEO of Mealtracker Dietary Software
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Robert Evans, President and CEO of Mealtracker Dietary Software
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Betty L. Brennan, President, Taylor Studios
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