M&A Deal Summary

DeMonte Motorsports Acquires Skip Barber Racing School

On December 19, 2017, DeMonte Motorsports acquired leisure company Skip Barber Racing School

Acquisition Highlights
  • This is DeMonte Motorsports’ 1st transaction in the Leisure sector.
  • This is DeMonte Motorsports’ 1st transaction in the United States.
  • This is DeMonte Motorsports’ 1st transaction in Georgia.

M&A Deal Summary
Date 2017-12-19
Target Skip Barber Racing School
Sector Leisure
Buyer(s) DeMonte Motorsports
Deal Type Special Situations/Distressed

Target

Skip Barber Racing School

Braselton, Georgia, United States
website
Skip Barber Racing School LLC is a road track racing school, offering programs such as a national race series, corporate events, original equipment manufacturer events, and racing and driving schools. Skip Barber Racing School LLC was founded in 1975 and is based in Braselton, Georgia.

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Buyer(S) 1

Buyer

DeMonte Motorsports

New York, New York, United States

website

Category Company
Sector Automotive
DESCRIPTION

DeMonte Motorsports specializes in the restoration and repair of Classic Cars, Trucks, Hot Rods, and Muscle Cars. DeMonte Motorsportsoffer repair needs and road track racing school services. While some dealerships might have an auto body repair facility, dealerships mainly specialize in car sales.

DEAL STATS #
Overall 1 of 1
Sector (Leisure) 1 of 1
Type (Special Situations/Distressed) 1 of 1
State (Georgia) 1 of 1
Country (United States) 1 of 1
Year (2017) 1 of 1
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