LAKESIDE PARTNERS ADVISES DRIVESHOP ON ITS equity investment from UNION CAPITAL

Lakeside Partners (“Lakeside”), a leading boutique investment bank specializing in M&A advisory services, acted as the exclusive financial advisor to DriveShop LLC (“DriveShop”) on its equity investment from Connecticut-based private equity firm, Union Capital. DriveShop is a leading provider of fleet management and marketing services to auto makers in the United States.

 “We are thrilled for the DriveShop management team, who have built a unique, market-leading platform over the course of 30+ years,” commented Josh Garner, Managing Partner at Lakeside Partners. “We are excited to follow the team as they continue to grow under Union Capital’s partnership.”

Lakeside led a competitive marketing process and managed all stages of the transaction from preparation of marketing materials, potential buyer selection & engagement, due diligence, and negotiations, to the signing of a binding agreement with the buyer.

“It was a real pleasure working with the team at Lakeside,” said Marty Mehl, co-founder of DriveShop, “we greatly appreciated their knowledge, skill, and ability to navigate us successfully through the sale process.”

Lakeside, which has offices in Seattle, WA and Minneapolis, MN, provides M&A advisory services to privately-held businesses. The firm has extensive expertise serving businesses across multiple industry verticals including consumer products, food & beverage, industrial distribution, transportation & logistics, niche manufacturing, business services, and technology, among many others.

For more information about our firm or this transaction, please contact:

Tom Newell
Managing Partner
tnewell@lakesidepartners.com
206.295.9746

www.lakesidepartners.com