M&A Deal Summary

Finishmaster Acquires Hi-Tec/Professional Paint and Auto Body Supply

On February 28, 2017, Finishmaster acquired automotive company Hi-Tec/Professional Paint and Auto Body Supply

Acquisition Highlights
  • This is Finishmaster’s 4th transaction in the Automotive sector.
  • This is Finishmaster’s 18th transaction in the United States.
  • This is Finishmaster’s 1st transaction in Alaska.

M&A Deal Summary
Date 2017-02-28
Target Hi-Tec/Professional Paint and Auto Body Supply
Sector Automotive
Buyer(s) Finishmaster
Deal Type Add-on Acquisition

Target

Hi-Tec/Professional Paint and Auto Body Supply

Anchorage, Alaska, United States
Hi-Tec/Professional Paint and Auto Body Supply, Inc. is a provider of car repairing and painting services. The company was incorporated in 1989 and is based in Anchorage, Alaska.

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Buyer(S) 1

Buyer

Finishmaster

Indianapolis, Indiana, United States
Category Company
Founded 1968
Sector Distribution
DESCRIPTION

Finishmaster, Inc. is a distributor of automotive paints, coatings, and paint-related accessories.

DEAL STATS #
Overall 20 of 20
Sector (Automotive) 4 of 4
Type (Add-on Acquisition) 20 of 20
State (Alaska) 1 of 1
Country (United States) 18 of 18
Year (2017) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-31 A. D Angelo & Sons

Oxnard, California, United States

A. D'Angelo & Sons, Inc. is a provider of automotive refinish services and become synonymous with excellent service, and the business has grown to eleven locations in California including a warehouse, two locations in Nevada, and one in Arizona.

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