Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of B. Robinson, Inc. to GridSource, a portfolio company of Hastings Equity Partners (“Hastings”). The acquisition closed February 18, 2025.
Located in Leader, Texas, B. Robinson, Inc. is a premier infrastructure contractor focusing on communication sector services. The company provides a comprehensive range of services, including project management, design solutions, underground, aerial, and micro trenching construction, make-ready, splicing and testing, emergency rapid response, and maintenance. BRI has completed thousands of miles of plant, including fiber backhaul, telephone, electric, and CATV projects.
Bernie Robinson, Founder and CEO of BRI, said, “We view that the combined resources, fantastic cultures, and scalability we gain with our newly combined company will enable opportunities to capitalize on the growth we are seeing in our region and beyond.”
Headquartered in Baton Rouge, LA, GridSource has built a reputation for excellence over its 40+ year history. Specializing in comprehensive communications infrastructure solutions, the company provides end-to-end services, including construction, maintenance, and fulfillment, all customized to fit the unique needs of its clients. With a strong presence across the Southeast, GridSource supports a diverse range of industry leaders, including major telecommunications providers, MSOs, CLECs, FTTx networks, regional ISPs, and gas pipeline companies.
"We are honored and thrilled to have BRI join our platform. The entire GridSource team is excited to welcome a company that shares our core values and prioritizes teamwork, allowing us to work together in delivering the best and most reliable service to our customers. By bringing our companies together, we not only expand our services portfolio into the highly sought-after area of micro trenching, but we also enhance our coverage in a region experiencing explosive growth in Texas,” stated Paul Sulisz, CEO of GridSource.
Founded in 2004, Hastings Equity Partners is a private equity firm specializing in lower middle-market investments. The firm partners with North American founder-led companies in the industrial and business services sectors, leveraging its deep operational and investment expertise. As a trusted capital partner, Hastings is committed to helping businesses unlock their full potential. For nearly two decades, the firm has built lasting relationships with entrepreneurs, taking a hands-on approach to enhance operations, drive strategic initiatives, and accelerate growth.
Alex Tancredi, Principal at Hastings Equity Partners, added, "BRI's integration accelerates GridSource's growth as a top-tier provider of fiber optic and cable services. We’re excited to support the company as it embarks on this next chapter."
"After a dedicated search for the perfect match, I am delighted to have found a home for BRI. I look forward to watching this partnership blossom and am confident that it will spark innovation and growth for both organizations,” said Julio Dominguez, Managing Director, M&A of Generational Group.
Generational Group Executive Managing Director, M&A, Central Region – Michael Goss, and his team led by Managing Director, M&A, Julio Dominguez, successfully closed the deal. Executive Managing Director and Group Leader, David Robinson and Senior M&A Advisor, Dave Heymann established the initial relationship with B. Robinson, Inc.
Ryan Binkley, CEO of Generational Group, added, “At Generational Group, we are proud to facilitate such impactful transactions.”
About Generational Group
Generational Group, headquartered in Dallas, is a leading, award winning, full-service M&A advisory firm. With over 300 professionals across 15 offices in North America, the company helps business owners unlock the full value of their businesses through a comprehensive suite of advisory services. These include strategic growth consulting, exit planning education, business valuation, value enhancement strategies, M&A advisory, digital solutions, and wealth management.
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Contacts
Media Contact:
Jenna Gaston
469-694-8764
jgaston@generational.com