Oaklyn Consulting congratulates Brakequip, LLC, a Tennessee-based manufacturer of DIY systems for tubes and hoses, on its acquisition by leading aftermarket manufacturer/distributor AGS Automotive Solutions, a portfolio company of 3 Rivers Capital. Oaklyn Consulting served as a financial advisor to Brakequip in the transaction.
BrakeQuip, LLC, headquartered in Alcoa, Tennessee, leads the market in manufacturing DIY hose manufacturing systems that enable users to build and crimp rubber and stainless-steel braided brake and clutch hoses, as well as power steering hoses. BrakeQuip is also a supplier of specialty fittings and tools for brake specialists.
AGS Automotive Solutions, headquartered in Muskegon, Michigan, manufactures and distributes brake, fuel and transmission lines in the U.S. automotive aftermarket. AGS also offers a full line of automotive specialty repair products, solutions and lubricants aimed at both the professional shop mechanic and the do-it-yourselfer working out of their home garage. AGS is a portfolio company of Pittsburgh-based 3 Rivers Capital, a private equity firm specializing in acquisitions of family and entrepreneur-owned businesses.
Oaklyn Consulting is a different kind of investment banking firm for small- and medium-sized companies under private ownership. Oaklyn plans and executes its clients’ most complex transactions, including mergers, acquisitions, capital-raising, recapitalizations, and lender and investor relations. Oaklyn supports businesses, investment firms, nonprofits, co-ops and partnerships. By working as consultants, not brokers, Oaklyn helps in situations where traditional investment bankers typically cannot.