Heritage Capital Group Facilitates AirPro's Successful Acquisition
Heritage Capital Group, Inc. is an esteemed investment banking and financial advisory firm dedicated to serving middle-market and emerging growth companies across the globe. Recently, they announced a significant milestone involving their client, AirPro Diagnostics, LLC, which has been successfully acquired by Rotunda Capital Partners.
The Role of AirPro in Automotive Diagnostics
AirPro is recognized as a frontrunner in providing automotive diagnostic scanning, calibration, and programming services. They offer innovative technology solutions, including the AirPro device and the Auggie ADAS calibration tool. These tools are essential for collision repair shops, enabling them to accurately diagnose and calibrate vehicles according to original manufacturer specifications, ensuring safety and operational efficiency.
Insights on Rotunda Capital Partners
Rotunda Capital Partners is an operationally focused private equity firm with an impressive track record of transforming family-owned businesses into high-growth, data-driven platforms. Founded in 2009, Rotunda has effectively partnered with management teams across several sectors including value-added distribution, asset-light logistics, and business services. Their commitment to achieving replicable results is evident through their Rotunda Performance System, which emphasizes strategic alignment, lean processes, and robust data-driven infrastructures.
Testimonials and Experiences
Lonnie Margol, CEO of AirPro, shared his positive experience working with Heritage Capital Group. He expressed, "Working with Howard Serkin and Bill Prescott was an exceptional experience. They guided us through the entire process with confidence, ensuring every step was smooth and well-planned. Their attention to detail and strategic insight were crucial in achieving an outstanding outcome. We could not have asked for a better partner in this journey."
Bill Prescott, the deal team lead at Heritage, also remarked, "AirPro is an innovative leader in the ADAS calibration space. It was fulfilling to collaborate with Lonnie and his team to find the ideal partner to seize the growing market potential for ADAS services."
Serving as the exclusive financial advisor and intermediary to AirPro, Heritage Capital Group, led by Bill Prescott and supported by Howard Serkin, facilitated this important transaction. The details of the financial terms were not disclosed, maintaining confidentiality regarding sensitive business information.
Heritage Capital Group's Expertise
Heritage Capital Group is well-regarded for providing strategic advice in mergers, acquisitions, divestitures, business valuations, and capital raises. Their insights are tailored to enhance the value of their clients' enterprises. Being a FINRA registered broker-dealer and a member of Oaklins, Heritage Capital Group boasts a global presence with a network of 850 professionals dedicated to mid-market M&A advisory services in 45 countries.
Contact Information for Queries
For further inquiries about Heritage Capital Group and its services, individuals can reach out directly to their contact person, Katie Quackenbush, at 904-354-9600.
Frequently Asked Questions
What was the role of Heritage Capital Group in AirPro's acquisition?
Heritage Capital Group served as the exclusive financial advisor and intermediary in the acquisition of AirPro Diagnostics by Rotunda Capital Partners.
What services does AirPro Diagnostics provide?
AirPro Diagnostics specializes in automotive diagnostic scanning, calibration, and programming services, using advanced technology solutions for accurate vehicle calibration.
Who acquired AirPro Diagnostics?
AirPro Diagnostics was acquired by Rotunda Capital Partners, a private equity firm focused on transforming family-owned businesses.
What is the Rotunda Performance System?
The Rotunda Performance System is a methodology aimed at achieving replicable growth through strategic alignment and lean processes in businesses.
How can I contact Heritage Capital Group?
For inquiries, you can contact Katie Quackenbush at Heritage Capital Group by calling 904-354-9600.