Date
Feb 2022
Region
Texas
We are pleased to announce the sale of our client, Majestic Turbo-Dallas, Inc., to a Private Investor. The transaction closed February 16, 2022.
Located in Irving, Texas, Majestic Turbo-Dallas (Majestic) is a wholesaler, distributor, retailer, servicer, and re-manufacturer of turbochargers for cars, trucks, and heavy equipment. Historically, sales are generated primarily from new turbochargers and service/repair.
Majestic’s target markets include trucking companies, construction-related, and the automotive industries. Geographically, the company generates most revenue in North Texas, with the remaining coming from other states including Florida, Arkansas, Oklahoma, Louisiana, New Mexico, and Mississippi.
Generational Equity Executive Managing Director of M&A – Central Region, Michael Goss, and his team, led by Senior M&A Advisor, Cory Strickland, with support from Vice President, M&A, Jacob Mangalath, successfully closed the transaction. Executive Managing Director Bill Kushnir established the initial relationship with Majestic.
“This is an excellent example of matching a perfect buyer and seller to an opportunity that you know will enable the business to thrive for years to come. I’m happy to have been able to connect the dots,” said Strickland.
If you would like to explore other transactions our associates have supported in this industry, visit our dedicated Automotive M&A Deals page.
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