Sale: CETCON Inc. to Beacon Enterprise Solutions

CETCON IncorporatedGenerational Equity, an advisor to privately held and family-owned businesses for mergers, acquisitions, and strategic growth initiatives, announced the sale of its client CETCON Incorporated, an Ohio-based engineering firm specializing in technology-related engineering projects, to Beacon Enterprise Solutions Group, Inc., a technology and telecommunications provider headquartered in Louisville, Ky.

“This transaction resulted in a strategic fit that will facilitate the growth and success of the businesses in the future,” said Doug Smith, Generational Equity managing director in the transaction.

Headquartered in Cincinnati, Ohio, CETCON, Inc. designs and implements communications systems for high-profile companies around the world. Beacon Solutions is a leading provider of technology and telecommunications services, providing support from software development and infrastructure design to interconnect voice/data and systems integration.

“The acquisition of CETCON adds a very important element in delivering complete solutions to our clients. Their engineering expertise and solid reputation in the industry were keys factors in our decision,” said Bruce Widener, chairman and CEO of Beacon Enterprise Solutions Group, Inc. “We are confident that this new relationship will prove successful for all parties.”

“We built our business from the ground up so it was important that we find the right buyer who would continue with parallel business objectives,” said Ken Kerr of CETCON. “Beacon presented us with a great opportunity and we feel CETCON will be a perfect addition to their portfolio.

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