Generational Group Advises Midwest Specialty Products, LLC in its Sale to Richelieu Hardware

Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of Midwest Specialty Products, LLC, to Richelieu Hardware. The acquisition closed January 13, 2025.

Located in Shakopee, Minnesota, Midwest Specialty Products, LLC is a leading provider of premium countertop and surface solutions, specializing in high-quality materials such as HanStone quartz, quartzite, soapstone and porcelain slabs. Known for its exceptional service and product offering they distribute stone slabs to a six-state area. Midwest Specialty Products continues to set the standard for excellence in the stone countertop industry.

Based in Montreal, Quebec, Canada, Richelieu Hardware is a leading North American distributor and manufacturer specializing in innovative hardware and finishing products for cabinetry, woodworking, and interior design. With an extensive catalog of over 130,000 products, the company serves a diverse clientele, including kitchen manufacturers, contractors, designers, and architects. Richelieu is committed to delivering exceptional quality, cutting-edge solutions, and unmatched customer service to help clients bring their creative visions to life.

Generational Group Executive Managing Director, M&A, Central Region – Michael Goss, and his team led by Senior Managing Director, M&A, Jerry Yocum with the support of Managing Director, M&A, Ryan Johnson successfully closed the deal. Executive Managing Director, Bill Kushnir and Senior M&A Advisor and Group Leader, Peter Stone established the initial relationship with Midwest Specialty Products, LLC.

Ryan Binkley, CEO of Generational Group, added, “This transaction highlights our commitment to facilitating deals that create lasting value for both parties. At Generational Group, we are proud to have played a role in bringing together two organizations poised for continued success.”

About Generational Group

Generational Group, headquartered in Dallas, is a leading, award winning, full-service M&A advisory firm. With over 300 professionals across 15 offices in North America, the company helps business owners unlock the full value of their businesses through a comprehensive suite of advisory services. These services include strategic growth consulting, exit planning education, business valuation, value enhancement strategies, M&A advisory, digital solutions, and wealth management.

Generational Group was honored as the 2024 USA Investment Banking Firm of the Year by the Global M&A Network and named Investment Banking Firm of the Year by The M&A Advisor in both 2024 and 2022. The firm also received recognition as Valuation Firm of the Year and Consulting Firm of the Year in 2022 and 2023, further cementing its reputation as a leader in M&A advisory services.

For more information visit https://generational.com/.

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