DALLAS–(BUSINESS WIRE)–Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client Gulf States Mobility, Inc. to Superior Van and Mobility. The transaction closed June 30, 2023.
Gulf States Mobility (GSM), located in Wetumpka, Alabama, is a leading provider in sales, service, and repair of wheelchair accessible vehicles. This includes sales, installation, service and repair of wheelchair/scooter carriers, hand controls, wheelchair securement systems, high tech adaptive driving controls, stairlifts, vertical platform lifts, and ceiling track systems. The Company also does wheelchair and scooter repair and commercial transit bus wheelchair lift, electrical system, and air conditioning repair and services. In operation since 2010 the Company has developed a broad market presence.
Superior Van & Mobility (SVM), headquartered in Louisville, Kentucky is the largest family-owned mobility dealer in the nation. SVM is an industry leader with unparalleled customer service, providing state-of-the-art mobility solutions for the consumer and commercial transportation industry. They are a proud member of the National Mobility Equipment Dealers Association (NMEDA) and a participant in NMEDAs Quality Assurance Program (QAP), a recognition reserved only for the highest quality mobility dealers in the country.
SVM has 17 locations throughout Indiana, Kentucky, Tennessee, Louisiana, Arkansas, Alabama, Nebraska, Michigan, and Florida. Their primary business is providing customers with an extensive selection of new & used wheelchair vans, wheelchair-accessible SUVs, wheelchair & scooter lifts, and adaptive equipment.
The Company also provides wheelchair van rentals and state-of-the-art service centers at each location. Each facility is staffed by factory-trained technicians who provide 24/7 emergency roadside services.
Generational Equity Executive Managing Director of M&A – Central Region, Michael Goss, Sam Sumner, a Generational Group Authorized Affiliate and Vice President, M&A, Lance Thomasson successfully closed the deal. Senior Managing Director, Doug Morrow established the initial relationship with GSM.
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 350 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. The Generational suite of advisory services includes strategic and tactical growth consulting, exit planning education, business valuation, value enhancement strategies, M&A services, wealth management and digital services.
The M&A Advisor named Generational Equity Investment Banking Firm of the Year three years in a row, Valuation Firm of the Year in 2020, and North American Investment Bank of the Year in 2022 as well as Consulting Firm of the Year. The Global M&A Network named Generational USA Investment Bank of the Year in 2023. For more information visit https://www.genequityco.com/ or the Generational Equity press room.
Contacts
Carl Doerksen
972-342-0968
cdoerksen@generational.com
