August 10, 2016

Capstone Financial Group Opens New Silicon Valley Office

Aftermarket M&A Firm Leverages Opportunities in Burgeoning High Tech Auto Industry Capstone Financial Group, Inc., an investment banking firm specializing in the auto aftermarket, is pleased to announce the opening of its new Silicon Valley office at 6203 San Ignacio Avenue, Suite 110, in San Jose. The office will serve an automotive industry that is rapidly expanding in the area, spurred by some of the Valley’s most iconic companies. “Silicon Valley has become a hotbed of automotive development with Apple, Tesla, Google and others all entering the fray,” said Dan Smith, president of Capstone. “We anticipate that very soon much of the automotive industry will be centered here, so we wanted to be the first investment banking firm to establish this kind of local automotive presence.” Since 1999, about 75 percent of Capstone’s 40 M&A transactions have been in California. The San Jose office provides clients and prospective clients with the insight and connections needed for this new wave of auto aftermarket transactions. With its headquarters in South Carolina, Capstone Financial Group now has a presence on both the East Coast and the West Coast. Drawing on his experience and knowledge, Smith sees a game-changing trend in the auto aftermarket. […]
August 1, 2016

Capstone Financial Group Announces First Deal in Silicon Valley

Assists Autologue in DMS purchase from eBay San Jose, Calif., July 7, 2016 — Capstone Financial Group, an investment banking firm specializing in the auto aftermarket, has announced its first deal in Silicon Valley, facilitating an acquisition for Autologue Computer Systems, Inc. The deal, in which Autologue purchased three distribution management systems from eBay, Inc., makes Autologue the second largest player in its industry. The transaction also marks Capstone’s first foray into software, a significant step in a segment of the aftermarket that is expected to grow exponentially with the advent of driverless cars. Capstone provided key guidance across several aspects of the Autologue/eBay deal. “This was a complicated transaction, for a number of reasons,” said Jim Franco, Autologue’s president and CEO. “Capstone not only helped us structure a deal that allowed for an attractive interest rate, but helped us determine the boundaries for proceeding on a reasonable basis for getting the deal closed.” Autologue closed the deal to purchase the three distribution management systems — PartsWatch, AutoEase, and Maccel — from eBay early this month. Capstone’s presence in Silicon Valley sends a strong signal about how important the Valley will be to next-generation auto technology. Revenues from the sale […]