Skylark Private Equity Partners, a private equity firm, has formed USA Automotive Partners and its acquisition Caldwell Automotive Partners. Skylark’s investment will accelerate CAP’s growth through investments in facilities, talent, and product extensions.
“CAP has proven itself to be an industry leader and we are excited about the growth opportunities as CAP expands its production capacity and customer base both in and outside of Texas,” said Skylark Partner Marshall Viney. “We look forward to working alongside the CAP team to build upon this firm foundation.”
Skylark’s Managing Partner Hunter Peterson, Principal Chase Eckert, and Associate Danny McNamara worked alongside Mr. Viney on the transaction. Foley & Lardner, LLP and Mayer Brown LLP advised Skylark on the transaction and BMO Harris provided debt financing.