DALLAS–(BUSINESS WIRE)–Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client R&F Industries, Inc. to Candler Industries, Inc. The transaction closed December 7, 2023.
R&F Industries, Inc. (R&F), located in Luling, Texas, is dedicated to the development, manufacturing, and marketing of specialty chemicals for the drilling and mining industries. Established since 1990 in the Houston and San Antonio, Texas areas, the Company has continually developed products that increase efficiency and lower production costs in large scale markets.
R&F’s niche is in custom blends of specialty oilfield chemicals and lubricants for specific customer requests or applications. In recent years its largest volume products have been its proprietary clay control/clay suppressant blends, lubricants, and scale inhibitors. Other products include a range of other additives and solvents.
Generational Equity Executive Managing Director of M&A – Central Region, Michael Goss, and his team led by Vice President, M&A, Jacob Mangalath successfully closed the deal. Executive Managing Director – North America, Edward G. Weber established the initial relationship with R&F.
“We are so blessed and happy that R&F Industries found the perfect buyer in Candler Industries. This transaction highlights the achievement of a substantial legacy, rooted in decades of diligent effort and sacrifice,” said Mangalath.
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.
