Sept. 25, 2019 —Auctus Capital Partners announced its role as exclusive advisor to Kaizen Collision Center in securing senior secured debt financing for debt restructuring, accommodating future growth and working capital needs. Funding was provided by Q2 Business Capital and the transaction—which enabled the client to restructure its balance sheet for a monthly cashflow improvement of 75 percent—was led by Auctus’ Vice President of Capital Markets Ovais Siddiqui.
“It was a pleasure supporting critical growth for Kaizen Collision Centers,” said Muhammad Azfar, CEO and managing partner of Auctus Capital Partners. “This engagement demonstrates our commitment to the lower middle market and advisory services that extend far beyond transaction-only support.”
Kaizen Collision Center is a growing automotive repair business that provides a multitude of collision repair services to individuals, insurance partners and fleet companies across many locations. Prior to its engagement with Auctus, the company had financed its rapid growth using various financing instruments and had not established a sensible long-term financing structure.
“This transaction will enable Kaizen to increase its cash flows, reduce the number of debt payments, expand overall business and explore opportunities across a growing market,” Azfar added. “Automotive collision repair is an attractive space, especially for operators with established partnerships, advanced services and multiple locations that can serve the increasing number of vehicles on the road today.”
