Continental Batteries, a portfolio company of Incline Equity Partners, has acquired Battery Sales & Service, an aftermarket battery distributor to the automotive, commercial, solar, golf and marine markets. No financial terms were disclosed.
Incline Equity Partners (“Incline”), a Pittsburgh-based lower middle-market private equity firm, is pleased to announce Continental Batteries’ (“Continental”) sixth acquisition in just over seven months. Continental has acquired Battery Sales & Service (“BSS” or the “Company”), a full-service aftermarket battery distributor to the automotive, commercial, solar, golf and marine markets.
Headquartered in Memphis, TN, BSS has been serving the Mid-South and Gulf Coast markets since 1995. BSS is a well-recognized name in the battery industry built through a commitment of providing superior products and quality, high-touch service. The Company also offers route services to customers where they inventory batteries, rotate stock and dispose of junk batteries in accordance with EPA guidelines.
“The geographic footprint and assortment of reputable brands of BSS are the perfect complements to our network and fit our overall strategic growth plans,” said Eric Royse, CEO of Continental. “The acquisition of BSS adds eight branch locations, expanding Continental’s market presence to forty-two branches across fifteen states.”
“We remain enthusiastic about the ability to continue consolidating the highly fragmented aftermarket battery industry. Through partnerships with companies like BSS, we can quickly strengthen product and service offerings while more effectively serving customers,” said Jack Glover, Managing Partner of Incline.