Don’s Auto Towing Ltd. has been acquired by a BC-based undisclosed buyer

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About the client

Since 1969, Don’s Auto Towing has been supporting customers throughout interior BC with 24-hour emergency towing and roadside assistance.

After building its reputation over the years as a service provider that customers in Kamloops and BC’s interior regions can rely on, the owner at Don’s Auto Towing felt it was time to retire. He was seeking a buyer that shared the same commitment to customer service and reached out to our team for advice on taking the business to market.

Our advisors facilitated the sales process including advising on the deal structure, accounting, tax, and due diligence assistance.

The transaction was finalized with both parties reaching their desired outcomes. The owner at Don’s Auto Towing can now transition into retirement with peace of mind that his business will continue under the new ownership that shares his values—and customer experience will remain a top priority.

Fast facts

Client

Don's Auto Towing

Transaction type

Divestiture

Services provided

M&A

Sector

Towing

Close date

March, 2023

The client experience

"Selling your business isn’t an easy decision—when the stakes are so high, it’s helps to have a team of professionals who can help the process run smoothly.

I appreciate all the work the Grant Thornton team put into helping close this deal and I can happily retire knowing that Don’s Auto Towing is in safe hands for the future!"

Don’s Auto Towing