Skylark Private Equity Partners Forms USA Automotive Partners to Investment in CAP Fleet Upfitters
DALLAS and CALDWELL, Texas, May 12, 2022 /PRNewswire/ — Skylark Personal Fairness Companions, an entrepreneur-centric reduce middle current market personal equity firm, declared right now, in partnership with management, the development of Usa Automotive Associates, LLC (“USAAP”) and its acquisition Caldwell Automotive Associates (“CAP” or the “Company”), a main upfitter and vendor of regulation enforcement and other motor vehicles for local, point out, and federal governing administration entities. Skylark’s investment decision will accelerate CAP’s progress by way of investments in amenities, talent, and product extensions.
Established in 2010 and headquartered in Caldwell, TX, CAP is a leading vehicle upfitter and the number 1 supplier in the United States for government vehicles. Led by its CEO, Zach Hester, and CFO Craig Oliver, CAP is one of the only regulation enforcement upfitters in the place that has the skill to full 2,000+ upfits for each calendar year. CAP is poised to proceed file advancement with a new 128,000 square foot manufacturing facility opening in Caldwell, TX afterwards this 12 months, which will far more than double its existing upfit footprint. In conjunction with the transaction, USAAP acquired Cameron Nation. This acquisition expanded the company’s item line to include Chrysler, Dodge, Jeep, and Ram products, together with the Dodge Charger Pursuit, the market place major sedan for law enforcement agencies across the place.
“CAP has regularly shipped large high-quality support to the certain and tailored requires of our legislation enforcement clients. We have now begun to execute our options to scale our capabilities and functions so that we can carry on to satisfy the desires of the legislation enforcement agencies and federal government customers that provide all of us each and every working day,” said Mr. Hester. “Skylark delivers important operational methods and awareness of how to dramatically scale providers like CAP which will permit us to continue to expand and deliver the maximum excellent car or truck upfitting to our federal, state, and neighborhood customers.”
“CAP has tested alone to be an sector leader and we are excited about the advancement options as CAP expands its creation capability and consumer foundation both of those in and outdoors of Texas” stated Skylark Companion Marshall Viney. “Zach, Craig, and the entire CAP group have built great relationships with law enforcement organizations and other federal government entities by offering extraordinary consumer support and foremost upfit abilities for their prospects. We search ahead to working together with the CAP group to make on this firm foundation.”
Skylark’s Controlling Associate Hunter Peterson, Principal Chase Eckert, and Affiliate Danny McNamara labored together with Mr. Viney on the transaction. Foley & Lardner, LLP and Mayer Brown LLP recommended Skylark on the transaction and BMO Harris furnished debt financing.
About United states Automotive Associates
United states Automotive Associates is a main automobile upfitter and seller servicing federal government-relevant entities at the federal, state, and regional stage. USAAP conducts small business below its models CAP Fleet Upfitters, Caldwell Chevrolet, Rockdale Ford, and Cameron Dodge. For far more data, make sure you visit www.capfleet.com.
About Skylark Private Equity Companions
Skylark Personal Fairness Partners is an entrepreneur-centric non-public fairness organization that associates with founders and administration groups of decreased middle sector companies to scale their company into marketplace primary businesses that can handle the escalating demand from customers for their merchandise and services. Skylark seeks to study from our spouse organizations and then in partnership draw upon the operational and expense encounter of our industry experts to enable push long-time period transformative modify. Skylark makes command and minority investments in advancement-oriented lessen center industry production and small business, healthcare, industrial, and client company providers. For more facts, you should visit www.skylarkpe.com.
Media Make contact with
Marshall Viney
Skylark Personal Equity Associates, LP
[email protected]
214-817-4282
Logan Melton
Caldwell Automotive Companions
[email protected]
979-567-1500
Source Skylark Private Equity Partners
