Day Motor Sports has been acquired by Gen Cap America, Inc. Terms of the transaction were not disclosed.
EdgePoint initiated the above transaction, led the negotiations of the sale, and served as exclusive sell-side advisor to Day Motor Sports throughout the sale process.
Day Motor Sports is a leading distributor of automotive parts and accessories serving the circle track racing industry. Selling online and through an annual catalog, the Company offers over 11,200 SKUs and expert advice to racing enthusiasts and specialty parts dealers across North America. Day Motor Sports was founded in 1971 and is headquartered in Tyler, Texas.
Gen Cap America, Inc. is a Nashville-based private equity firm that provides equity for management buyouts and recapitalizations of profitable, well-established middle-market businesses.
EdgePoint is a leading investment banking firm focused on advising lower and middle market business owners with merger and acquisition advisory services.