Advised on sale of leading automotive equipment manufacturer
Subscribe to Transaction NewsAdvised on sale of leading automotive equipment manufacturer
Subscribe to Transaction NewsStout served as the exclusive financial advisor to American Grease Stick Company (AGS) in connection with its acquisition by 3 Rivers Capital, LLC, a private equity firm. AGS, founded in 1931, is the leading manufacturer of branded automotive fluid transfer lines and related products to the automotive aftermarket. The company, headquartered in Muskegon, Michigan with operations in the U.S. and U.K., sells to a world-class base of customers that include all of the largest aftermarket retailers, such as Advance Auto Parts, AutoZone, and Pep Boys, national hardware retailers, and a diversified mix of wholesalers and national, regional, and program group distributors.