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New Deal


Announced

Completed

Centerfield Capital, Tecum Capital Partners, Provariant Equity Partners completed the acquisition of Midwest Equipment Sales

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

United States

Private

Auto Parts

Domestic

Friendly

Single Bidder

Mbo

automotive components

Completed

Private Equity

Synopsis

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Centerfield Capital, Tecum Capital Partners, Provariant Equity Partners, the US private equity firms, completed the acquisition of Midwest Equipment Sales, an automotive components provider. Financial terms were not disclosed. “I was looking for partners to provide guidance on strategic planning and organizational development who had the financial and operating resources to support our growth plans for the next several years. The Provariant-led Investor Group’s knowledge of our business, commitment to our entrepreneurial culture and experience working with teams at our stage of development is a great fit. I am excited to have them partner with us and look forward to what we can accomplish together,” James Cline, Midwest Equipment Sales Founder, will continue in his role as CEO of the company.

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