IAG is Happy to Announce the Successful Sale of Our Client Apex Collision Center in Memphis, Tennessee.
Located in a major metropolitan area market, Apex Enterprises is an auto body repair and paint shop services all types of autos, trucks, and vans. Services are performed by a skilled personnel of 11 employees with industry experience. The Company has a proven reputation, established and supported by over 18 years of successful management and customer service and has been under current ownership since 2001.
We had approximately 13 inquiries including two LOIs. The seller did not want to do any seller financing so the offers were rejected.
The buyer was Key Collision Center of Portsmouth, New Hampshire who ended up giving the seller the asking price that they wanted with no seller financing.
We closed on Dec 3, 2021 with all parties happy with the deal. A small group from Key Collision will travel to Memphis to transition the ownership.
It took just over one year to get this client sold and off to retirement! 2021 is a big year for selling businesses!
“Thanks IAG for never giving up and getting us to the finish line!”
Our Transaction Specialists work hard to ensure you cross the finish line – we have the resources, the team, and the contacts to get it done!
We can sell your business too!
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