SOUTHFIELD, MI / ACCESSWIRE / November 18, 2020 / P&M Company Finance, LLC (“PMCF”) is happy to announce that it served because the unique monetary advisor to Montway, Inc. (“Montway”) and Ship.Vehicles (collectively, the “Firm”) of their sale to AEA Buyers LP (“AEA”).

PMCF Advises Montway and Ship.Vehicles in Sale to AEA Buyers.

Headquartered in Schaumburg, IL (Montway) and Sofia, Bulgaria (Ship.Vehicles), Montway and Ship.Vehicles mix to supply main automotive logistics options to shoppers, auto haulers, and car shippers throughout North America.

Montway is an asset-light, technology-enabled car dealer. It was based to supply a user-friendly, hassle-free, and dependable platform for particular person shoppers to move their automobiles. Since its founding in 2007, Montway has grown to develop into one of many largest business-to-consumer (“B2C”) car transport brokers in the USA.

Leveraging its experience in information analytics and expertise within the B2C market, Montway efficiently expanded into the business-to-business (“B2B”) sector, diversifying its buyer base to serve automotive OEMs and their monetary establishments, public sale homes, rental automotive firms, and vendor teams for his or her car transport wants. Right this moment, Montway’s service-oriented tradition and technology-backed options offered by the Ship.Vehicles expertise platform have propelled it to develop into one of many quickest rising car transport brokers in the USA.

AEA is a number one non-public fairness agency with dedicated funds focusing on center market investments. For this transaction, AEA partnered with trade veteran Tom Gartland, former President, North America for Avis Funds Group. Mihail Mihaylov, founding father of Montway and Ship.Vehicles, remarked, “We’re happy to have discovered a companion in AEA with data and sources that we will use to speed up our development trajectory. We’re wanting ahead to working with AEA and Tom Gartland as we proceed to develop and broaden the enterprise, whereas staying on the forefront of expertise.”

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PMCF served as unique funding banker to the shareholders of Montway and Ship.Vehicles, managing your complete transaction course of. Mihaylov added, “We employed PMCF to not solely lead this transaction however advise us on deal preparation and timing to launch in an effort to maximize worth. Finishing a transaction throughout a world pandemic proved to be a sophisticated and difficult train, however the management and creativity of PMCF allowed us to finish an ideal transaction for our staff.”

The transaction closed in November 2020. Freeborn & Peters served because the authorized advisor to the Firm.

ABOUT PMCF

PMCF is a center market funding financial institution offering merger and acquisition advisory companies to non-public, public, and personal fairness owned firms. PMCF supplies a broad vary of companies together with sale advisory, acquisition advisory, capital elevating, transaction planning and strategic advisory. The agency has devoted professionals centered on plastics & packaging, enterprise & expertise companies, automotive, distribution, transportation & logistics, aerospace & protection, medical expertise, and client & retail industries. PMCF has workplaces in Chicago, Detroit, Denver, and globally by way of its possession in Company Finance Worldwide™. For extra data, go to www.pmcf.com.

Media contacts

Joe Wagner, Managing Director
P&M Company Finance (PMCF)
joe.wagner@pmcf.com

Mike Congleton, Vice President
P&M Company Finance (PMCF)
mike.congleton@pmcf.com

SOURCE: P&M Company Finance, LLC

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