Generational Group Advises Chariho Furniture in Its Sale to Teamshares
Summary
Specializing in handcrafted wood furniture, they are dedicated to providing durable, customizable pieces with a focus on superior craftsmanship. By acquiring businesses from retiring owners, Teamshares empowers employees to become shareholders while providing ongoing financial education and support. The company’s goal is to create sustainable, employee-owned businesses that benefit both the former owners and the new workforce, fostering long-term success and wealth generation. Senior Managing Director, Ashok Tandon, and Chief Marketing Officer, David Ohrvall, established the initial relationship with Chariho Furniture. Ryan Binkley, CEO of Generational Group, added, "This transaction highlights our commitment to facilitating deals that create lasting value for both parties.