Le Lézard
Classified in: Transportation, Business
Subject: TNM

Plethora Businesses Represents Shareholders in the Sale of Automated Gate Services, Inc.


ORANGE, Calif., Sept. 15, 2020 /PRNewswire/ -- Plethora Businesses, an M&A advisory firm headquartered in Orange County, CA, is pleased to announce the sale of Automated Gate Services, Inc. to Westcoast Gate & Entry Systems, a platform company of Kian Capital. Plethora Businesses was the exclusive sell-side advisor for the selling shareholders.

Automated Gate Services is a leader in perimeter security for commercial and public properties, specializing in the installation, repair, and servicing of automatic gated entry systems. The Company has been in business over 40 years and its clients include major transportation hubs, utility providers, government institutions, airports, and business complexes.

"AGS is a company with an outstanding legacy and even brighter future. It was our pleasure to have negotiated a deal that rewarded the sellers for their decades of hard work," said George Lanza, President of Plethora Businesses.

"There was strong enthusiasm and energy amongst all parties to see this union take shape. Everyone is excited to see what these two companies can accomplish together," added AGS founders Steve and Carrie Johnson, who will remain involved in the business.

Automated Gate Services will continue operations from its headquarters in Corona, CA, while working in tandem with Inglewood, CA based Westcoast Gate. The terms of the transaction were not disclosed.

About Plethora Businesses:
Plethora Businesses is a boutique M&A Advisory firm, providing sell-side and buy-side M&A, corporate strategy, valuations and consulting services to middle market businesses. For more information, visit plethorabusinesses.com or call 714-255-8862.

Contact:

Mark Para





George Lanza





Lucas Klein

Associate





Managing Director





Analyst

mark@plethorabusinesses.com





george@plethorabusinesses.com





lucas@plethorabusinesses.com

 

SOURCE Plethora Businesses


These press releases may also interest you

23 oct 2020
Today, the Honourable Bernadette Jordan, Minister of Fisheries, Oceans and the Canadian Coast Guard, and the Honourable Carolyn Bennett, Minister of Crown-Indigenous Relations, announced the appointment of Allister Surette as Federal Special...

23 oct 2020
Families in the Albany area in search of a brand-new crossover may find what they are looking for at Hyundai of Albany. With more and more 2021 Hyundai cars and crossovers available at the dealership each day that can be paired with affordable...

23 oct 2020
Luxury car shoppers who have come to love the Genesis luxury brand are always in search of the latest and the greatest. Earnhardt Genesis of North Scottsdale is celebrating the arrival of 2021 Genesis G70 and 2021 Genesis G90 models with affordable...

23 oct 2020
Brandon Ford, a dealership in Tampa, Florida, that is the world's largest volume Ford dealer, is preparing to welcome the 2021 Ford F-150 lineup to its lot by adding multiple model research tools to its website. The Ford F-150 has long been the...

23 oct 2020
Valvoline Inc. , a leading worldwide supplier of premium branded lubricants and automotive services, today announced that the company will be presenting at the virtual Gabelli 44th Annual Automotive Aftermarket Symposium on Tuesday, Nov. 3, at 10:00...

23 oct 2020
Hagerty CEO McKeel Hagerty was named Classic Car Ambassador of the Year at the 2020 Historic Motoring Awards this week in recognition of his dedication to the classic car industry and global car community....



News published on 15 september 2020 at 21:15 and distributed by: