We are thrilled to announce that Calvetti Ferguson has been nominated as a deal finalist for the 2024 D CEO Awards in partnership with ACG DFW in the Under $50 Million M&A Deal Category for the Marco 4M Auto Parts (4M) Acquires Texas Assets from IEH Auto Parts Holdings LLC (Autoplus) transaction. For the eleventh consecutive year, the D CEO Awards, in partnership with ACG DFW, recognizes the top mergers, acquisitions, and dealmakers in North Texas who’ve impacted the community.
Seeking growth opportunities, 4M seized the chance to acquire Texas assets from Auto Plus through the expertise and support of Calvetti Ferguson in a bankruptcy auction. 4M was by far the smallest qualified bidder in the auction. The second smallest bidder was over four times larger in revenues than 4M. Through the strategic deal support from Calvetti Ferguson and legal from RMWBH (Buyer’s Counsel), 4M prevailed as the winner of securing Autoplus.
“We are grateful for 4M’s trust and collaboration during this uniquely challenging deal,” says Chin Yu, advisory partner in charge. “This recognition is another great testament to our commitment to excellence and our impactful work in mergers and acquisitions.”
By acquiring the Auto Plus assets, 4M ensured the preservation of jobs that would have otherwise been lost through bankruptcy. Over 100 livelihoods were safeguarded, and a family-run enterprise was given the opportunity to thrive and grow under new ownership. This outcome underscores our belief in the power of business to impact our North Texas communities and support economic resilience positively.
At Calvetti Ferguson, we understand the importance of strategic partnerships and expert guidance in achieving success. Our collaboration with 4M was instrumental in navigating the intricacies of the acquisition process, ensuring a smooth transition and a favorable outcome for all stakeholders involved. This nomination reflects not only our dedication to our clients but also our unwavering commitment to excellence in every endeavor we undertake.
Being recognized as a deal finalist for the 2024 D CEO Awards is a significant milestone for Calvetti Ferguson. Still, it also serves as a reminder of the work that lies ahead. We remain steadfast in our pursuit of excellence, continuously striving to innovate and deliver value to our clients and communities. This nomination is a testament to the hard work and dedication of our team, whose expertise and passion drive our success each day.
We look forward to the opportunity to share our journey and celebrate alongside our fellow nominees at the 2024 D CEO Awards ceremony on May 2, 2024, at On the Levee.
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