Schwartz Advisors (SA), an M&A advisory and strategic planning firm for the automotive aftermarket industry, has acted as the exclusive sell-side adviser to SCA Performance in its sale to Kinderhook Industries LLC.
SCA Performance, owned by the McSweeney family and headquartered in Trussville, Alabama, is an OEM authorized specialty vehicle manufacturer for light-duty trucks. The company receives new vehicles directly from the OEMs, adds specialty packages and then sells the up-fitted vehicles to new truck dealers with a full OEM warranty. According to SA, SCA’s vehicles are differentiated by their proprietary premium design packages, high-quality installations and OEM warranty. Kinderhook Industries is a private-equity firm that focuses on middle-market companies in a variety of industries.
“SCA has been in the McSweeney family for almost 40 years, and selling the business was a big step for us,” said Michael McSweeney, managing partner of McSweeney Holdings. “Schwartz Advisors understood our family’s needs and worked hand-in-hand with us through the entire process.”
“The Schwartz Advisors expertise went beyond guiding us through the mechanics of selling the business,” added Matt McSweeney, president of SCA. “Their knowledge of the automotive space was especially valuable. And through SA’s industry connections, we were introduced to Kinderhook, the perfect partner to lead SCA into the future.”
The SA team assisting SCA was led by Managing Partner Keith Zar, along with Managing Partners Rick Schwartz and Curtis Draper and Partner Rick Guirlinger.
