Generational Group Advises Icing on the Cake in its Sale to Private Investor
02 Julio 2024 - 2:10PM
Business Wire
Generational Group, a leading mergers and acquisitions advisory
firm for privately held businesses, is pleased to announce the sale
of its client Icing on the Cake, Inc. to a Private Investor. The
acquisition closed April 19, 2024.
Located in Los Gatos, California, Icing on the Cake (IOTC), is
an ultra-premium, made-from-scratch retail dessert bakery,
including sale of gifts, greeting cards and seasonal merchandise.
With nearly 40 years in the market, IOTC holds a dominant market
share, and is a beloved and iconic local institution and a regional
destination thanks to its considerable brand equity and appeal of
its carefully curated social media presence.
Generational Group Executive Managing Director, M&A –
Western Region, Lori Galloway, and her team led by Senior Vice
President, M&A, Amy Wall closed the transaction. Executive
Managing Director, Tom Braun established the initial relationship
with Icing on the Cake.
“Icing on the Cake is a beloved business in Los Gatos, built by
Lynn over three decades. The community is thrilled that the
business will continue on,” said Wall.
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 17 offices in North America, the
company helps 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.
For more information visit https://generational.com/
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Jenna Gaston 469-694-8764 jgaston@generational.com