Small Business Deal Advisors, LLC is thrilled to announce the acquisition of Quality Automotive Repair of Sault Ste. Marie by an individual investor!
Quality Automotive Repair is an established complete automotive service provider located in Sault Ste. Marie. Over the last twenty-five years, the company has built a strong reputation for providing high quality automotive repairs and routine maintenance services. Quality Automotive Repair possesses notable accolades. The company is a certified AAA Professional Auto Repair Center and Gold Certified NAPA AutoCare Center.
Mark Sheppard founded Quality Automotive Repair in 1997. Mark worked diligently for over two decades to build the business into the great success that it is today. Ready to transition into retirement, Mark approached Small Business Deal Advisors to assist with the sale of the company.
Quality Automotive Repair was acquired by the individual investor, Mike Lynn, of Sault Ste. Marie. Mike boasts an extensive background in the automotive industry. He previously owned and operated Lynn Auto Parts, Inc., which features over 10 locations across Northern Michigan. Mike Lynn was looking to expand his ownership of businesses in Sault Ste. Marie when he came across the opportunity to acquire Quality Automotive.
Doug Yntema, Mergers and Acquisitions Advisor at Small Business Deal Advisors, served as the lead advisor on the transaction.
“Mike is well-suited to take over Quality Automotive with his previous experience in the field. He is excited to continue building on the outstanding business that Mark and his wife have established. Mike will be retaining the company’s current employees and Mark is ecstatic to have him as the new owner,” stated Doug Yntema.
Small Business Deal Advisors advised Quality Automotive Repair on the sale through the development of marketing materials, comprehensive marketing of the acquisition opportunity, and consulting through the negotiation, due diligence, and closing periods.
The terms of the transaction were not disclosed.