DALLAS, Aug. 11, 2015 /PRNewswire/ — Generational Equity, a leading mergers and acquisitions advisor for privately-held, middle-market businesses, is pleased to announce the acquisition of its client, DJ’s Autobody, Inc. dba Wheeler’s Autobody Supply (Wheeler’s), headquartered in Waterloo, Iowa, by LKQ Corporation (LKQ) headquartered in Chicago, Illinois. The acquisition closed on April 20, 2015.
Founded in 1985, Wheeler’s sells aftermarket sheet metal, which includes: Bumpers, headlamps, fenders, hoods, grilles, brackets, absorbers, tailgates, valances, rebars, header panels, gas tanks, radiators, condensers, cooling fans – products primarily for the outside of cars and trucks. The Company also sells automotive paint, and associated products such as sand papers, waxes, compounds, cleaners to collision centers, body shops, parts stores, dealerships, and salvage yards.
Managing Director Michael Goss and his team, including affiliate Michael O’Malley and Ms. Jene’ Hong, and Vice President Julie Sandoval, led the Generational Equity deal team that advised Wheeler’s on the transaction. “Both parties saw the fit and were committed to make the deal happen,” said lead dealmaker Jene’ Hong.
LKQ ( www.lkqcorp.com) is a leading provider of alternative and specialty parts to repair and accessorize automobiles and other vehicles. LKQ has operations in North America, the United Kingdom, the Netherlands, Belgium, France, Scandinavia, Australia and Taiwan. LKQ offers its customers a broad range of replacement systems, components, equipment and parts to repair and accessorize automobiles, trucks, recreational and performance vehicles.
About Generational Equity
Generational Equity provides mergers, acquisitions, strategic growth advisory services, and information for privately held and family-owned businesses to exit their companies successfully. Generational Equity uses a four-phase approach that includes education, financial analysis and reporting, sales documentation and deal-making ability to offer business owners an unparalleled level of commitment and experience, all focused on helping to release the generational equity and wealth in every business. Generational Equity is headquartered in Dallas, TX, has more than 200 professionals in North America, and was recently recognized by the M&A Advisor as the Valuation Firm of the Year. For more information visit the following websites at www.genequityco.com, www.gecpress.com or http://blog.genequityco.com/.
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