Generational Equity, a mergers and acquisitions advisor for privately held businesses, has announced the sale of its client, Radio Communication Service (RCS) to Mobile Communications America, Inc. (MCA), the company said.
The acquisition closed December 11, 2019 and details were not disclosed.
Founded in 1948 by Murl A. White, Sr., and located in Sumter, SC, RCS has five locations in central South Carolina. In 1951 Motorola, the provider of communications and electronics, approached White and offered an opportunity to become a Motorola Service Station (MSS). This partnering allowed RCS to service and maintain 911 systems from county-to-county and repair Motorola products enabling the user to remain in contact at all times.
MCA, located in Spartanburg, SC, is one of the largest and most trusted Motorola partners in the US offering world-class voice, data, and video solutions that enhance the quality, safety, and productivity of customers´ operations and lives. As solution providers of wireless communication technologies, MCA leverages a portfolio of products and experienced engineers, analyzes customer needs, designs and optimizes the best solutions, deploying them on time and on budget, while ensuring it performs as specified.
Generational Equity Executive Managing Director of M&A — Eastern Region, David Fergusson and his team, led by Senior M&A Advisor, Barry DeWitt, and supported by Vice President Mergers & Acquisitions, Alex Mironov, successfully closed the deal. Senior Managing Director Doug Morrow established the initial relationship with RCS.
Generational Equity, Generational Capital Markets (member FINRA/SIPC), Generational Wealth Advisors, and DealForce are part of the Generational Group, which is headquartered in Dallas and is one of the 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 merger, acquisition, and wealth management services. Their five-step approach features exit planning education, business valuation, value enhancement strategies, M&A transactional services, and wealth management.