M&A Deal Summary

Kian Capital Partners Acquires PARC Auto

On August 17, 2023, private equity firm Kian Capital Partners acquired franchising company PARC Auto

Acquisition Highlights
  • This is Kian Capital Partners’ 2nd transaction in the Franchising sector.
  • This is Kian Capital Partners’ 27th transaction in the United States.
  • This is Kian Capital Partners’ 1st transaction in Kentucky.

M&A Deal Summary
Date 2023-08-17
Target PARC Auto
Sector Franchising
Buyer(s) Kian Capital Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

PARC Auto

Louisville, Kentucky, United States
PARC Auto is a franchisee of meineke car care centers that provides general automotive repair and maintenance with services including oil changes, brake and suspension repair, exhaust services, tire replacement, fluid changes and more. PARC Auto is based in Louisville, Kentucky.

Search 201,157 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Kian Capital Partners

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2011
PE ASSETS 825M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Kian Capital Partners is a private equity firm focused on providing equity and junior capital to support growth, buyouts, shareholder liquidity needs, recapitalizations, divestitures, and refinancings of profitable lower middle-market companies with up to $150 million in revenue. Kian will consider opportunities throughout the US and seeks businesses operating in the business services, distribution, healthcare services, and niche manufacturing sectors. Kian Capital Partners was formed in 2011 and is based in Charlotte, North Carolina.

DEAL STATS #
Overall 27 of 27
Sector (Franchising) 2 of 2
Type (Buyout (LBO, MBO, MBI)) 10 of 10
State (Kentucky) 1 of 1
Country (United States) 27 of 27
Year (2023) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-17 Meineke

Charlotte, North Carolina, United States

Meineke is a franchise-based international automotive repair chain with over 750 locations and a 50-year history of delivering consistent and high-quality repair and preventative maintenance services. Meineke CARSTAR is based in Charlotte, North Carolina.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-30 Purple Guys

Metairie, Louisiana, United States

Purple Guys is an IT-managed service provider with a full suite of services and solutions for small and mid-size businesses. Purple Guys was founded in 2000 and is based in Metairie, Louisiana.

Sell -
Mergr

Product

Company

Legal