Generational Equity, a leading mergers and acquisitions adviser for privately held businesses, has announced the sale of its client, Tidewater Bumper Service Inc. to KSI Trading Corp. The acquisition closed Nov. 8.

Based in Mechanicsville, Virginia, Tidewater Bumper is an aftermarket automotive crash parts wholesaler serving Virginia, North Carolina and Maryland. Stocking more than 23,000 high-quality parts, the company provides local delivery within a 100-mile radius and same-day shipping on items like bumpers, outer automobile parts and auto paints.

KSI, based in South Plainfield, New Jersey, is a distributor of quality replacement auto body parts servicing more than 20,000 repair shop customers across 25 locations in 14 states. Investcorp, a global provider and manager of alternative investment products, acquired KSI in April of 2018 because it saw opportunity for KSI to grow by pursuing acquisitions, which the Tidewater Bumper deal brings to fruition.

Generational Equity Senior Managing Director Doug Smith’s team, led by trusted affiliate George Nova and assisted by Senior VP Ryan Johnson, successfully closed the deal. Senior Managing Director Terry Stidham established the initial relationship with Tidewater Bumper.

“Working with the professionals at Tidewater, KSI and Investcorp was truly a textbook example of how a deal should be structured,” said Nova. “From the beginning the three groups and our team at Generational Equity worked on each hurdle with the same goal in mind to complete a fair and equitable deal that worked for all parties.”