February, 2017. Peakstone served as advisor to Kinderhook Industries on its December 2016 acquisition of NitroFill. Headquartered in Pompano Beach, FL, NitroFill is a leading developer and marketer of patented nitrogen generation and inflation systems for passenger and truck tires as well as related tire warranties, customer benefit programs and reseller customer retention programs. NitroFill’s flagship product offering is a Tire Protection Plan program, sold primarily to and through new car dealerships, leveraging the Company’s patented nitrogen tire inflation product and unique product warranty, which includes: tire repair and replacement coverage, roadside assistance and other benefits, a comprehensive CRM solution to increase customer traffic and tire and service sales while providing significant value to end user consumers.
Peakstone has built a leading Automotive Finance & Insurance industry practice led by Brad Curtis, Managing Director. Brad has advised on many Automotive Finance & Insurance industry transactions for clients including agencies, third-party administrators, and specialty product companies.
Terms of the transaction were not disclosed.
The Peakstone Group is a leading investment bank that specializes in mergers and acquisitions advisory and capital raising for middle market clients. Our team is comprised of senior investment banking professionals who have decades of experience and have executed hundreds of transactions totaling billions of dollars. For additional information, visit www.peakstone.com.