Insights

Benchmark International Successfully Facilitated the Transaction of a Collection of Companies that Cater to the Automotive Space

January 25, 2022

Benchmark International successfully facilitated the transaction of a collection of companies, each offering products or services that cater to the automotive space. The group of companies provides auto collision repair, scrap metal recycling and shredding, auto impound, auto sales and rental, and towing services to the Houston market.

The companies include Sterling Interest Investment DBA Elite Collision Center, McKaskle Industrial Complex DBA Fort Bend Recycling, Stor’N Texas DBA H-Town Scrap Metal Recycling Metro, Area 5 Vehicle Storage, Athena Investments DBA Area 5 Auto Sales, Athena Auto Leasing, Lockwood Vehicle Storage, and related entities.

Elite Collision Center is an automotive body shop that offers superior service and auto body repairs. They restore all makes and models to pre-accident conditions.

Fort Bend Recycling and H-Town Scrap Metal Recycling Metro are full-service recycling centers for ferrous and non-ferrous scrap metal. They use state-of-the-art, highly accurate scales to guarantee the most competitive rates. In addition, the team is equipped to handle large volumes of recyclables.

Area 5 Vehicle Storage and Lockwood Vehicle Storage are storage lots for vehicles that have been towed from various properties throughout the Houston area.

Area 5 Auto Sales and Athena Auto Leasing are car dealerships that provide automotive sales and leasing options for the Houston market.

Beau Landry with Stella Labs Search LLC acquired the various entities through holding companies. Beau will be operating the entities and growing the company in the coming years.  

Brenda Spencer, Transaction Director, commented, "This was a complex transaction with all of the vertically aligned entities and multiple real estate properties which required the facilitation of productive conversation between buyer and seller. It was an honor to work with them toward our collective goal of completing the deal. We wish both parties the best of luck with the handover."

 

 

Americas: Sam Smoot at +1 (813) 898 2350 / [email protected]

Europe: Michael Lawrie at +44 (0) 161 359 4400 / [email protected]

Africa: Anthony McCardle at +27 21 300 2055 / [email protected] 

 

ABOUT BENCHMARK INTERNATIONAL:

Benchmark International is a global M&A firm that provides business owners with creative, value-maximizing solutions for growing and exiting their businesses. Benchmark International has handled over $11 billion in transaction value across various industries from offices across the world. With decades of M&A experience, Benchmark International's transaction teams have assisted business owners with achieving their objectives and ensuring the continued growth of their businesses. The firm has also been named the Investment Banking Firm of the Year by The M&A Advisor and the Global M&A Network as well as the #1 Sell-side Exclusive M&A Advisor in the World by Pitchbook's Global League Tables.

Share This Post
Categories

Get These Insights Delivered Directly To Your Email

Explore our curated collection today and stay ahead of the curve in M&A.

Related Posts
Is Programmatic M&A Right for My Business?Programmatic mergers and acquisitions are a strategic approach to M&A deals that companies use to acquire several smaller companies to achieve specific goals, such as growth and value creation. This strategy differs from traditional M&A transactions, which usually involve singular transactions and higher valuations.Benchmark International Rolls Out New Interactive Publication of the MarkBenchmark International has released a new publication, The Mark, which is an award-winning publication that offers exclusive insights into the world of mergers and acquisitions and specialized guidance for business owners on a wide range of important topics.
Not Finding What You're Looking For?
Ready to dive into our featured M&A content and gain valuable insights for your business?