SAN RAFAEL, CA -- (Marketwire) -- 01/06/12 -- AP Exhaust Technologies, Inc. (AP Exhaust) of Goldsboro, N.C., a global leader in exhaust and emissions products, has acquired the assets of ANSA Automotive Parts Distributors, Inc. (ANSA), of Macon, Ga. The sale was finalized on December 23, 2011 and was brokered by Marx Group Advisors (MGA). Terms of the transaction were not disclosed.
All assets of ANSA, including inventory, were sold to AP Exhaust and have been relocated from Macon to Goldsboro.
ANSA is a manufacturer of OE replacement direct fit exhaust systems for import vehicles under the ANSA® brand and diesel light truck performance exhaust systems under the Silverline™ brand. Founded in 1927, AP Exhaust manufactures a complete line of OE replacement and performance exhaust and emissions products for automotive, light truck, heavy-duty, agricultural and industrial markets.
MGA was formed in early 2007 with the mission of providing full service mergers and acquisitions support for middle-market enterprises. MGA assists automotive, commercial vehicle and heavy duty aftermarket companies with strategic advisory services for mergers, acquisitions and divestitures, as well as with capital formation for private equity placements. For more information on MGA, phone (415) 453-0844, or visit www.marxgroupadvisors.com.
About Marx Group Advisors
Marx Group Advisors (MGA) was co-founded by Tom Marx and Paul Cooperstein in 2007 to provide mergers and acquisitions strategy and consulting services for the automotive and heavy duty/commercial vehicle aftermarkets. MGA focuses on providing strategic advisory services for mergers, acquisitions, rollups, and divestitures for middle market sized businesses. Additionally, MGA has the experience and resources to assist with capital formation for private equity placements. MGA has offices in Boston, Mass., Houston, Texas, and San Rafael, Calif.
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For Further Product/Service Information, Contact:
Tom Marx
CEO and Founder
Marx Group Advisors
(415) 453-0844 x106
tmarx@marxgroupadvisors.com
For Further PR Information, Contact:
Gary McCoy
PR Director
The Marx Group
(847) 622-7228
gmccoy@themarxgrp.com
