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Press releases > Generational Equity Advises Two Clients in Sale to Baymark Partners

Generational Equity Advises Two Clients in Sale to Baymark Partners

By Generational Equity

May 3, 2021, 08:00 et

Swanson Fire Protection

Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its clients, Swanson Fire Protection, Inc., and Residential & Commercial Fire Protection, Inc., to Baymark Partners. The acquisitions both closed March 4, 2021.

Swanson Fire Protection, Inc. (SFP), located in Jacksonville, Florida, is a privately-owned designer, installer, and maintenance provider of fire and sprinkler systems within the regional marketplace. Over its longstanding history, the Company has worked on a broad set of projects within the residential and commercial industries.

SFP provides the installation of new fire protection systems such as sprinkler and fire suppression systems. SFP’s staff of designers construct fire protection and suppression systems that are specific to each facility, that will detect and respond to fire conditions to ensure the safety of occupants and reduce any potential damage.

SFP generates the majority of its revenue from sprinkler system installations and service work. The Company currently designs all fire and sprinkler systems in-house through sophisticated software, which includes AutoCAD.

Located in Waldorf, Maryland, Residential & Commercial Fire Protection, Inc. (RCFP) is a leading designer and installer of fire sprinkler systems and specializes in commercial construction, residential construction, and service, repair, and inspections. In operation for over 30 years, the Company has developed a broad set of capabilities and has completed work on a variety of projects of various sizes.

RCFP offers clients a turnkey, seamless process, from design to installation of fire sprinkler systems. Serving the greater area of Waldorf, Maryland, the Company focuses attention on serving a diverse group of clients within the commercial and residential construction segment, including custom homes.

Headquartered in Plano, Texas, Baymark Partners (Baymark) is a growth-oriented private equity firm acquiring growing middle market service (healthcare, business and IT), distribution, manufacturing and tech-enabled (SAAS and E-Commerce) companies providing owners with liquidity and companies with resources to accelerate their growth.

The professionals at Baymark Partners possess over 100 years of successful experience in acquiring, investing and operating growth companies. Their experience ranges from early-stage, high-growth to fully-developed market leaders. This experience, combined with its active Advisory Board, gives Baymark the ability to implement strategic and operational discipline required to transition middle market companies to a more mature and valuable market position.

“The combination of the Swanson Fire Protection and Residential & Commercial Fire Protection companies provides a solid foundation for our investment firm to lead the growing fire safety market”, said David Hook, Managing Partner of Baymark Partners. “Under the stewardship of SFP founder John Swanson, who will be the CEO of the new combined business, we are looking forward to growing across the eastern and mid-Atlantic region with future acquisitions.”

Generational Equity Executive Managing Director, M&A-Technology Practice Leader, David Fergusson, with the support of Vice President, Mergers & Acquisitions, Alex Mironov, successfully closed the SFP transaction. Senior Managing Director Roger Dean created the initial relationship with SFP. Fergusson’s team, led by Senior M&A Advisor, Jerry Cohen, with support from Vice President, Mergers & Acquisitions, Corey Painter, completed the RCFP deal.

“It has been a great pleasure for the Generational Equity team to collaborate with the founders of Swanson Fire Protection and Residential & Commercial Fire Protection in their sale to Baymark Partners. Both organizations were recognized as the premier provider of fire safety design, products, services, and customer support in their respective markets. With the vision and financial support of Baymark Partners, their businesses form the foundation for a new multi-regional force in the industry,” said Fergusson.

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 2017 and 2018 Investment Banking Firm of the Year and 2020 Valuation Firm of the Year. For more information, visit https://www.genequityco.com/ or the Generational Equity press room.

Bruce and I wanted to take this opportunity to thank Generational Equity for assigning Musa Jagne to our transaction. In Bruce’s words, “Musa did one hell of a job for us!”
Karen S. Williams, CFO, BW Manufacturing
Michael worked tirelessly, He followed every lead meticulously and urgently to make sure nothing was missed.
Robert Evans, President and CEO of Mealtracker Dietary Software
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
I wanted to write you a quick letter to express our appreciation and our delight on the outcome of helping us through the process of our recent sale. We are very happy with the end result, and are very happy to be able to move forward with all of our future growth plans.
Terry D. Wickman, President, Keytroller
Generational Equity’s assistance was invaluable in compiling and marketing our business.
Bil MacLeslie, CEO, ipHouse
Tom Staszak is one of the most professional people I have dealt with in my last forty years of business. You’ve got a great group of people and you have built a truly professional organization.
Michael J Polarek, President, Paragon Packaging
Thanks again Phil and feel free to have a future client call me if they would like a referral. You are a true professional!
Andy Graham, Vice President, Modern Heating & Plumbing
Greetings Mike. Thank you for the captivating and compelling presentation you made at the Phoenix presentation last week. Over many years in business yours was the most informative and well-presented presentation, on any subject, that I have ever attended! Your energy and enthusiasm combined with your concise and captivating support of your positions with easily understood examples and data was compelling.
Pete L.
I couldn’t have asked for a better team than Michael and Deborah. We couldn’t have done it without them.
Robert Evans, President and CEO of Mealtracker Dietary Software
We will highly recommend Generational Equity and Musa Jagne to any business owner about to embark on the same process.
Karen S. Williams, CFO, BW Manufacturing
Your wisdom and experience were invaluable to me during this once-in-a-lifetime transaction.
Ralph Noblin, President of Noblin & Associates
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
T.D., thank you so much! You are a great leader! I love how you are using your gifts and talents to better others. You are clearly a GREAT COACH! This 3 day session undoubtedly changed the future of our business, and very well may have been the sole catalyst to save my company, my health and my marriage! A genuine “thank you” from the bottom of my heart.
Bryan D. Horn, Owner, Over Under Clothing
We are extremely pleased with the way Generational Equity handled the sale of our company. Your associates, Tom and Chris, did an outstanding job of getting us (me) through the process.
Michael J Polarek, President, Paragon Packaging
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
We knew it would be a difficult task to have someone really understand our business and our market, prior to researching a possible buyer, so it was imperative that we found someone of your caliber, with definite proven experience in this area.
Rick Nowak, President/CEO, Kurz Electric Solutions, Inc.
I would like to thank you and your firm, Generational Equity, for being our valued advisors in our journey.
Bil MacLeslie, CEO, ipHouse
Generational Equity educated and informed us – so that we could be on the upside of a good decision (to sell).
Bil MacLeslie, CEO, ipHouse
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
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
I am pleased that I was able to work with Andrew Byrd throughout this experience. From the first meeting we had in Minneapolis I felt that I was in good hands. His knowledge and expertise is second to none. He guided the process consistently throughout. I feel lucky that I was pared with Andrew and could not be happier that I chose Generational Equity to handle this major life event. Thank you Andrew and GenEq for everything!
Eric Erlandson, Owner, Action Fastenings, Inc.
Dear Chris and Andre, I just wanted to say thanks for all your help. Even though this process was not an easy one, it was comforting to know that I had a capable team standing beside me. You made me feel like we were almost your only client or at least the most important one. Thanks again, and I will recommend your service in the future.
Shenille Engelhart, Owner – CLS Technology
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
We thank you Eric and Generational Equity making our dream come true.
Larry Moore, Owner, A Company Portable Restrooms
Thank you again for all your guidance and support. Any company will achieve what they intend, if they have you on their team!
Rick Nowak, President/CEO, Kurz Electric Solutions, Inc.
We are very happy with the end result, and are very happy to be able to move forward with all of our future growth plans.
Rick Nowak, President/CEO, Kurz Electric Solutions, Inc.