Entrepreneur opens door to exit strategy

FORT MYERS — A Texas company, DuraServ Corp., acquired Fort Myers-based Action Automatic Door & Gate.

Financial terms of the deal weren't disclosed.

Action Automatic founder George Ebel IV will continue to work for the company in a marketing and consulting capacity until he retires, according to a statement. Former President and CFO Walter Sprenger has been named vice president and divisional manager, still overseeing Action Automatic's daily operations.