SDR Ventures Advises Mastercraft Truck Equipment on Acquisition by Tsinelas, Inc.
SDR Ventures is pleased to announce that Mastercraft Truck Equipment Inc. (“Mastercraft”) has been acquired by Tsinelas, Inc. (“Tsinelas”). SDR served as the exclusive sell-side advisor to Mastercraft throughout the transaction process.
Mastercraft has been serving the Greater Denver Area for more than 30 years by providing its customers with Colorado’s best selection of truck and van accessories, backed by its industry-leading customer service.
“SDR is glad to have assisted in the navigation of this unique transaction,” stated SDR Director Mike Grande. “The nature of the industry posed a barrier, as specific information regarding the company and its consumers had to remain confidential until the transaction was nearly closed. Fortunately, we were able to successfully mediate the terms of agreement between the buyer and seller and meet our client’s goals.”
“SDR Ventures’ industry knowledge and expertise allowed its team to locate a buyer who shared the vision and approach that Mastercraft developed over many years,” explained Beth Goddard, former owner of Mastercraft. “Tsinelas’ brings experience in business and client management that will help guide Mastercraft towards its pursuit of continued growth under new ownership.”