DALLAS--(BUSINESS WIRE)--Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of its client, Leading Edge Associates, Inc. and Leading Edge Aero Technologies, Inc (together, Leading Edge), to Central Garden & Pet ("Central"). The acquisition closed November 6, 2024.
Located in Daytona Beach, Florida, Leading Edge is a manufacturer of large commercial drones used for mosquito/vector control, weed control, and precision farming. They are also a software developer for applications that serve the operations of their drones as well as asset management for municipalities and large landowners.
Based in Walnut Creek, California, Central is a market leader in the pet and garden industries. With over 40 years of experience, the company offers a diverse portfolio of more than 65 trusted brands, including Amdro, Aqueon, Cadet, C and S, Farnam, Ferry Morse, Four Paws, Kaytee, Nylabone, and Pennington. Employing approximately 6,700 team members primarily across North America, Central is dedicated to helping lawns grow greener, gardens bloom bigger, and pets live healthier.
"This is a perfect outcome for the two brothers who founded Leading Edge. Central will now be able to take their business to levels they never thought possible just a short time ago. I'm extremely excited to see where this goes, and it's been a privilege to work with them," said Jack Sluiter, Managing Director of M&A, Generational Group.
Ryan Binkley, CEO of Generational Group, added, "At Generational Group, we are proud to facilitate such impactful transactions."
Generational Group Executive Managing Director, M&A, David Fergusson, and his team led by Managing Director, M&A, Jack Sluiter, with the support of Senior Vice President, M&A, Tristan Keeffe, successfully closed the deal. Executive Managing Director, Ed Weber, and Senior M&A Advisor, Dave Heymann, established the initial relationship with Leading Edge Associates, Inc.
About Generational Group
Generational Group, headquartered in Dallas, is a leading, award winning, full-service business advisory firm. With more than 350 professionals located throughout 16 offices in North America, the company helps business owners release their business' wealth by providing growth consulting, merger, acquisition, and wealth management services. The Generational suite of advisory services includes strategic growth consulting, exit planning education, business valuation, value enhancement strategies, M&A services, digital services, and wealth management.
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Contacts
Jenna Gaston
469-694-8764
jgaston@generational.com
