“When I started the process of the sale of my business, I didn't fully appreciate all that was involved. The team at Zachary Scott dug into the depths of my business and developed an unexpected level of understanding that proved crucial in the sales process.

Their level of professionalism and focus on achieving our objectives drove a very complex transaction to the finish line. Bottom line, if I was going to do this again, I would hire them in a heartbeat.”
Service BusinessTransportation & LogisticsM&A: Sell-Side
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Situation

Western Peterbilt, Inc. (“WPI”) and Western Truck Parts & Equipment Co. LLC (“WTP”) operate franchised Peterbilt Motors heavy duty Class 8 truck dealerships in nearly all counties in the states of Washington, Alaska and portions of Oregon, Idaho, and Northern California. As part of a succession plan, the current owners wanted to diversify their personal wealth and take on a partner who could assist in the leadership of the organization and support its quest for growth and improvement.

ZS Role

Zachary Scott was engaged as exclusive financial advisor to assist in planning and executing a recapitalization transaction to accomplish the owners’ objectives.

Results

Zachary Scott organized a competitive, confidential sales process that attracted bids from both industry participants and selected private equity funds. WPI and WTP were sold to the Greenbriar Equity Group in a recapitalization transaction in which the current owners maintained a significant equity investment and management responsibility in the business.