Bank of America and Svoboda Capital have sold Parts Now! to Counterpoint Capital Partners
Lincoln International, a leading global mid-market investment bank, is pleased to announce that Parts Now!, L.L.C. (“Parts Now” or the “Company”) has been sold to CounterPoint Capital Partners, L.L.C., a Los Angeles-based investment firm. Parts Now was a portfolio company of Bank of America’s Global Principal Investments Group, and Svoboda Capital L.L.C. (“Svoboda Capital”), a private equity firm. Terms of the transaction were not disclosed.
Founded in 1989 and based in Middleton, Wisconsin, Parts Now is North America’s largest value-added supplier of consumable printer parts and related accessories. The Company’s primary product lines include genuine OEM and refurbished parts for printers; additionally, it is a growing supplier of OEM and compatible toner. In addition to printer consumables and aftermarket repair parts, Parts Now also is an award-winning industry leader in providing managed print services. Additional information is available at www.partsnow.com.
Lincoln International acted as the exclusive financial advisor to Parts Now, working closely with management, Bank of America and Svoboda Capital throughout the sale process. This included providing advisory expertise and managing the marketing, negotiation and due diligence phases of the transaction.
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