“Mark Working and the team at Zachary Scott orchestrated the sale of my business in late 2007. It was a tumultuous time in the economy and financial markets, but they made the whole thing happen.

Financial modeling and quantitative analysis, managing lawyers and attorneys, keeping me rational and focused, and negotiating with the eventual buyer were all parts of their role.

Bottom line is that the deal would not have happened without Zachary Scott-- not to mention the 20% premium I believe they captured. I give an unequivocable A+!”
Stuart Engs, Former owner and CEO, Truck Parts & Equipment Company
Service BusinessTransportation & LogisticsM&A: Sell-Side
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Situation

Truck Parts & Equipment Company operates Peterbilt franchise dealerships in western and southern Nevada as a franchisee of Peterbilt Motors Company, a division of PACCAR, Inc., and a medium-duty Ford dealership in North Las Vegas, Nevada as a franchisee of the Ford Motor Company. The third-generation owner elected to sell the company as part of a succession plan to diversify personal wealth.

ZS Role

Zachary Scott was engaged as exclusive financial advisor to organize and execute the sale of Truck Parts & Equipment Company through a confidential process.

Results

Zachary Scott organized and successfully executed a confidential sale process that ultimately resulted in a sale of the two Peterbilt franchise dealerships to PACCAR, Inc. through exercise of its “right of first refusal” imbedded in the Peterbilt Motors Company franchise operating agreements for each dealership.