Gen Cap America Acquires Challenger Lifts
BUYER: Gen Cap America (www.gencapamerica.com) – Nashville, Tennessee
Gen Cap America, founded in 1985, is one of the oldest and most respected middle market private equity groups in the South that acquires and partners with the management of companies with revenues between $5 and $100 Million.
SELLER: Challenger Lifts, Inc (www.challengerlifts.com) – Louisville, Kentucky
Challenger Lifts, founded in 1992, is one of the nation's leading manufacturers, and distributors of branded high end automobile lifts, jacks, and lift accessories used in automotive service facilities across the world.
ROLE: The BowPoint team in St. Louis, MO served as the exclusive buy-side investment banker in the transaction, conducted the acquisition search, introduced the seller, and served as the M&A intermediary to Gen Cap America.