Investment Summary

First Equity Group Exits Skip Barber Racing School

On January 1, 2009, invested in leisure company Skip Barber Racing School from First Equity Group

Investment Highlights
  • This is transaction in the Leisure sector.
  • This is transaction in the United States.
  • This is transaction in Georgia.
Investment Fate
  • Skip Barber Racing School was sold to a consortium of buyers in 2011.
  • Skip Barber Racing School went bankrupt in 2017.
  • Skip Barber Racing School was sold to a strategic buyer in 2017.

Investment Summary

Date 2009-01-01
Target Skip Barber Racing School
Sector Leisure
Sellers(s) First Equity Group
Deal Type Unknown

Target

Skip Barber Racing School

Braselton, Georgia, United States
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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Seller(S) 1

SELLER

First Equity Group

Westport, Connecticut, United States

Investor Investor


Category Private Equity Firm
Founded 1985
Size Small
Type Sector Focused
DESCRIPTION

First Equity is a private investment group that targets a variety of companies in the transportation industry. The company has a particular interest in aerospace and defense. Other areas of interest include performance driver training, and logistics and distribution serving the aerospace industry. First Equity was established in 1985 and is based in Westport, Connecticut.


DEAL STATS #
Overall 1 of 1
Sector: Leisure M&A 1 of 1
Type: M&A Deals 1 of 1
State: Georgia M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2009 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2001-12-20 Skip Barber Racing School

Braselton, Georgia, United States

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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