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Transom Capital Group Acquires Franchisors of US Repair Chains AAMCO, Cottman Transmission, Total Auto Care.

M2 EQUITYBITES-January 10, 2017-Transom Capital Group Acquires Franchisors of US Repair Chains AAMCO, Cottman Transmission, Total Auto Care

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10 January 2017 - US-based private equity firm Transom Capital Group has acquired US-based auto repair franchisor American Driveline Systems from American Capital, Ltd. (NASDAQ: ACAS), the company said.

ADS is the franchisor of the AAMCO and Cottman Transmission and Total Car Care brands.

With nearly 700 franchisee owned and operated locations, AAMCO and Cottman Transmission are the #1 and #2 transmission repair retail chains in North America, respectively, operating in 47 states and three provinces.

Transom Capital Group is a Los Angeles-based private equity firm with an operational focus to private equity investing in the lower-middle-market.

Buy-side advisors to the transaction included Schwartz Advisors, O'Melveny and Myers as M/A counsel and Greenberg Traurig as debt counsel.

Prudential Capital Group provided financing for the transaction, and Rothschild, Inc. served as sell-side M/A advisory.

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Publication:M2 EquityBites (EQB)
Date:Jan 10, 2017
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