Press Release Excerpt
We are pleased to announce that Brookwood Associates served as the exclusive financial advisor to Challenger Lifts, Inc., and its majority shareholder, Southvest Fund VI, L.P., a private equity fund managed by Gen Cap America, Inc., on its sale to Snap-on Incorporated (NYSE: SNA). Based in Louisville, KY, Challenger Lifts designs, manufactures and distributes a comprehensive line of vehicle lifts and accessories for use in the automotive repair sector. Challenger Lifts will further Snap-on’s growth strategy of expanding with repair and shop owners and managers.
This transaction extends Brookwood’s successful track record advising privately owned clients in sell-side advisory assignments. Brookwood has successfully completed numerous transactions with businesses in the niche manufacturing, engineered products and vehicle aftermarket sectors, in addition to other industries. Buyers of Brookwood’s clients have included both financial buyers and global strategic acquirers.