DALLAS–(BUSINESS WIRE)–Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of Waldman Engineering Consultants, Inc. to Reserve Advisors. The acquisition closed December 18, 2025.
Based in Lisle, Illinois, Waldman Engineering Consultants, Inc. is a full-service engineering and consulting firm offering building evaluation, problem solving, and inspection services for residential and commercial structures of all sizes. Established in 2007, the company leverages over 40 years of structural engineering experience to deliver reserve studies, transition studies, project specifications, structural and moisture evaluations, and mechanical, electrical, and plumbing assessments. Waldman Engineering is known for detailed, user-friendly reports supported by rigorous analysis and practical recommendations, helping property owners and managers address complex building challenges with confidence.
Headquartered in Milwaukee, Wisconsin, Reserve Advisors is a national consulting firm that specializes in capital planning and property wellness solutions for homeowner associations, condominium associations, high-rise buildings and private clubs. The company provides industry-leading reserve studies, structural integrity assessments, insurance appraisals and energy services designed to help boards plan long-term repairs and budgets while complying with local laws and standards. With decades of engineering experience and tens of thousands of studies completed for community associations across the United States, Reserve Advisors positions itself as a trusted partner that offers ongoing support before, during and after reports are delivered.
Generational Group Executive Managing Director, M&A, Central Region – Michael Goss, and his team led by Generational Affiliate, Prasad Karcherla, with the support of Vice President, M&A, Madison Buckley successfully closed the deal. Senior Managing Director, Terry Stidham and Senior M&A Advisor, Bryce Gray established the initial relationship with Waldman Engineering Consultants, Inc.
Ryan Binkley, CEO of Generational Group, stated, “This transaction reinforces our commitment to meaningful partnerships that create lasting results. It brings together partners who share a common vision and are well positioned to achieve continued growth together.”
About Generational Group
Generational Group, headquartered in Dallas, TX, is a leading, award winning full-service M&A advisory firm. Generational has over 300 professionals across 16 offices in North America. The firm empowers business owners to unlock the full value of their companies through a comprehensive suite of services—including strategic growth consulting, exit planning education, business valuation, value enhancement strategies, M&A advisory, digital solutions, and wealth management.
Celebrating its 20th year, Generational has successfully closed over 1,800 transactions and has ranked #1 or #2 in all LSEG league tables for deals valued between $25 million and $1 billion in 2022, 2023, and 2024.
The firm was named 2025 USA Investment Banking Firm of the Year by the Global M&A Network and recognized as Investment Banking Firm of the Year by The M&A Advisor in both 2022, 2024, and 2025.
Contacts
Media Contact:
Catherine Binkley
469-828-2798
[email protected]
