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Press releases > Generational Equity Advises Tidewater Bumper Service in Sale to KSI

Generational Equity Advises Tidewater Bumper Service in Sale to KSI

By Generational Equity

Dec 18, 2018, 14:00 et

Tidewater Bumper

Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Tidewater Bumper Service Inc., to KSI Trading Corporation. The acquisition closed November 8, 2018.

Based in Mechanicsville, VA, Tidewater Bumper is an aftermarket automotive crash parts wholesaler serving Virginia, North Carolina and Maryland. Stocking more than 23,000 high-quality parts, the company provides local delivery within a 100-mile radius and same-day shipping on items like bumpers, outer automobile parts and auto paints.

KSI, based in South Plainfield, NJ, is an industry-leading distributor of quality replacement auto body parts servicing more than 20,000 repair shop customers across 25 locations in 14 states. Investcorp, a global provider and manager of alternative investment products, acquired KSI in April of 2018 because it saw opportunity for KSI to grow by pursuing acquisitions, which the Tidewater Bumper deal brings to fruition. 

Generational Equity Senior Managing Director Doug Smith' team, led by trusted affiliate George Nova and assisted by Senior VP Ryan Johnson, successfully closed the deal. Senior Managing Director Terry Stidham established the initial relationship with Tidewater Bumper.

"Working with the professionals at Tidewater, KSI and Investcorp was truly a textbook example of how a deal should be structured," stated Nova. "From the beginning the three groups and our team at Generational Equity worked on each hurdle with the same goal in mind to complete a fair and equitable deal that worked for all parties."

About Generational Equity

Generational EquityGenerational Capital Markets (member FINRA/SIPC), DealForce and Talis Advisors are part of the Generational Group, which is headquartered in Dallas and is one of the leading M&A advisory firms in North America.

With over 250 professionals located throughout North America, the companies help business owners release the wealth of their business by providing merger, acquisition and strategic growth advisory services. Their four-step approach features exit planning education, business valuation, value enhancement strategies, and M&A transactional services.

The M&A Advisor named the company the 2016, 2017 and 2018 Investment Banking Firm of the Year. For more, visit the https://www.genequityco.com/ or the Generational Equity press room.

I must say that I have never worked with a more driven, competent and focused individual as Don Ho.
Jay Dinnison, Owner of Sharpe Mixers
We thank you Eric and Generational Equity making our dream come true.
Larry Moore, Owner, A Company Portable Restrooms
Generational Equity’s assistance was invaluable in compiling and marketing our business.
Bil MacLeslie, CEO, ipHouse
We were happy to see the interest in our company and what we cherished has not just a valuable company but an important company to the communities we served in.
Larry Moore, Owner, A Company Portable Restrooms
I wanted to write you a quick letter to express our appreciation and our delight on the outcome of helping us through the process of our recent sale. We are very happy with the end result, and are very happy to be able to move forward with all of our future growth plans.
Terry D. Wickman, President, Keytroller
I would like to thank you and your firm, Generational Equity, for being our valued advisors in our journey.
Bil MacLeslie, CEO, ipHouse
Bruce and I wanted to take this opportunity to thank Generational Equity for assigning Musa Jagne to our transaction. In Bruce’s words, “Musa did one hell of a job for us!”
Karen S. Williams, CFO, BW Manufacturing
Thanks again Phil and feel free to have a future client call me if they would like a referral. You are a true professional!
Andy Graham, Vice President, Modern Heating & Plumbing
I quickly recognized that Don was working for Sharpe Mixers above all else, and held our interests above others.
Jay Dinnison, Owner of Sharpe Mixers
We are extremely pleased with the way Generational Equity handled the sale of our company. Your associates, Tom and Chris, did an outstanding job of getting us (me) through the process.
Michael J Polarek, President, Paragon Packaging
Generational Equity educated and informed us – so that we could be on the upside of a good decision (to sell).
Bil MacLeslie, CEO, ipHouse
Your wisdom and experience were invaluable to me during this once-in-a-lifetime transaction.
Ralph Noblin, President of Noblin & Associates
The process was much more involved than I expected and your help, experience and advice was a big factor in making the negotiations go as smoothly as possible.
Terry D. Wickman, President, Keytroller
We will highly recommend Generational Equity and Musa Jagne to any business owner about to embark on the same process.
Karen S. Williams, CFO, BW Manufacturing
I couldn’t have asked for a better team than Michael and Deborah. We couldn’t have done it without them.
Robert Evans, President and CEO of Mealtracker Dietary Software
We are very happy with the end result, and are very happy to be able to move forward with all of our future growth plans.
Rick Nowak, President/CEO, Kurz Electric Solutions, Inc.
Tom Staszak is one of the most professional people I have dealt with in my last forty years of business. You’ve got a great group of people and you have built a truly professional organization.
Michael J Polarek, President, Paragon Packaging
Thank you again for all your guidance and support. Any company will achieve what they intend, if they have you on their team!
Rick Nowak, President/CEO, Kurz Electric Solutions, Inc.
The help you provided us during each step of this process made us feel very comfortable and confident we were selecting the right approach to transition our Company.
Andy Graham, Vice President, Modern Heating & Plumbing
Greetings Mike. Thank you for the captivating and compelling presentation you made at the Phoenix presentation last week. Over many years in business yours was the most informative and well-presented presentation, on any subject, that I have ever attended! Your energy and enthusiasm combined with your concise and captivating support of your positions with easily understood examples and data was compelling.
Pete L.
Michael worked tirelessly, He followed every lead meticulously and urgently to make sure nothing was missed.
Robert Evans, President and CEO of Mealtracker Dietary Software
We knew it would be a difficult task to have someone really understand our business and our market, prior to researching a possible buyer, so it was imperative that we found someone of your caliber, with definite proven experience in this area.
Rick Nowak, President/CEO, Kurz Electric Solutions, Inc.