Generational Group completed the acquisition of Precocity from Chenega.

Generational Group, a middle market investment bank and advisory services firm, completed the acquisition of Precocity, a tech consulting firm, from Chenega, an IT services and IT consulting company. Financial terms were not disclosed. “This is a significant day for Generational and our clients. As a growing professional services and advisory firm, our reputation is built on meeting the needs of our clients. Whether they are looking to grow or eventually exit, we recognize the major role technology plays in building a successful business. That is why we are excited to partner with the experienced team at Precocity, whom we look forward to working with for years to come. Together, we are confident that we will build the leading middle market technology consulting practice,” Ryan Binkley, Generational Group President and CEO.