Stag-Parkway

Stag-Parkway is the leading U.S. distributor of aftermarket RV parts and accessories.  Stag and Brookwood have a relationship spanning more than 15 years with engagements for debt financings, buy-side M&A and in connection with unsolicited offers for the business.

Engagement Goals

Brookwood assisted Stag in responding to an attractive yet unsolicited offer for the business from a private equity firm focused on the transportation sector.  In addition to guiding them through the process, Brookwood’s presence served as a credible threat for a competitive bidding process.

Engagement Process and Outcomes

Complex Transaction Goals – The shareholders sought: (i) a premium valuation for the business; (ii) an attractive economic package for key managers that provided opportunity for long-term wealth creation; (iii) certainty of execution; and (iv) a partner that would provide additional capital to support the company’s growth initiatives.

Effective Positioning and Guidance – Brookwood assisted the owner in dealing with the unsolicited offer and preparing materials to highlight the growth potential in existing end markets and as a platform for aftermarket parts distribution in new transportation oriented markets. 

Excellent Outcome – The owner was able to sell a majority interest in the business to Greenbriar Equity Group at a very attractive valuation, retain a significant continuing interest in the business and reward certain of the key managers with an attractive economic package.