Generational Equity Advises American Material Services in its Sale to AGI International

Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client American Material Services, Inc. to AGI International, Inc. The acquisition closed November 17, 2023.

Located in Macon, Georgia, American Material Services (AMS) provides transportation services for dry bulk and liquid bulk customers located throughout the eastern and southeastern U.S. In 2000, AMS expanded its operation through the purchase of the assets of Site Services Corp. This strengthened its position in the dry bulk market and diversified operations into the liquid bulk transportation market.

AGI International, Inc. (AGI) headquartered in Indianapolis, Indiana, was founded in 2003, by E. Jerome Agnew. AGI provides domestic sourcing, global sourcing, contract manufacturing & assembly, warehousing and distribution, supply chain risk mitigation, material cost improvement, and product development for U.S. based companies and key automotive and industrial customers.

AGI continues to strengthen its commercial division, providing quality services in supply chain management, and transportation & logistics. AGI is a certified DBE in AZ, CA, GA, IN and OR. AGI is also a Service-Disabled Veteran Owned Small Business Enterprise (SDVOBE).

Generational Equity Executive Managing Director, M&A-Technology Practice Leader, David Fergusson, and his team led by Managing Director, M&A Barry DeWitt, with the support of Vice President of M&A, Emil Nirkis successfully closed the transaction. Senior Managing Director James Carr established the initial relationship with AMS.

"AMS has significant expertise and experience in large-and-small scale regional projects. The Company has built a solid reputation for competitive pricing and on-time delivery for its projects, which is in line with AGl's core values. This acquisition gives AGI a strong presence in the Georgia and North Florida market," said DeWitt.

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 growth consulting, exit planning education, business valuation, value enhancement strategies, M&A services, digital services, and wealth management.

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.