BDO Capital Advisors Announces the Sale of Turner Motorsport to Ecs Tuning

Boston, MA - August 10, 2015 - BDO Capital Advisors, LLC (BDO Capital) is pleased to announce that Turner Motorsport, LLC (Turner Motorsport), an industry leading e-commerce retailer for BMW and Mini performance parts and accessories, has been acquired by ECS Tuning, LLC (ECS), a leading global engineering and ecommerce retailer of European automotive performance parts and accessories. As the exclusive financial advisor to Turner Motorsport, BDO Capital assisted the shareholders in structuring and negotiating the transaction.

Turner Motorsport (www.turnermotorsport.com) was founded in 1993 in Amesbury, Massachusetts, by Will Turner to provide enthusiasts with high performance BMW and Mini accessories. The company has developed a respected position in the marketplace for high-quality products, many of which are featured on the championship-winning Turner Motorsport Racing Team vehicles. Will Turner will remain with the company as President of the Turner Motorsport Division.

“Turner Motorsport has always been dedicated to providing customers with the highest quality performance parts and accessories for BMWs,” said Will Turner, founder of Turner Motorsport. “I have a lot of ideas for new products and I’m excited that as part of the ECS family, we can bring new product ideas to life more quickly and offer an even broader selection of products to BMW owners, enthusiasts and racers.”

ECS (www.ecstuning.com) is one of the web’s most popular destinations for European car enthusiasts. The company is distinguished by its highly-engineered proprietary products and comprehensive parts catalog featuring more than 1.4 million SKUs for BMW, Audi, Mercedes-Benz, Mini, Porsche and Volkswagen. The acquisition of Turner Motorsport creates a premier destination for BMW parts online and enables both companies to offer a broader selection of genuine, performance and proprietary parts to all BMW owners.

Based in Wadsworth, Ohio, ECS is owned by Bertram Capital, the company’s founders and management. The transaction represents the first add-on acquisition for the ECS e-commerce platform. 
 

ABOUT BDO CAPITAL ADVISORS, LLC
BDO Capital Advisors, LLC is a leading middle market investment bank that focuses on mergers and acquisitions advisory, capital raising, and board advisory with offices located throughout the United States. The firm has deep industry knowledge, extensive cross-border transaction experience, and superior execution capabilities. BDO Capital Advisors, LLC provides sell-side and acquisition advisory, ESOP advisory, private placements, fairness opinions, and capital markets advisory. The firm has broad industry expertise and contacts having closed transactions within the Manufacturing & Distribution, Consumer, Food & Retail, Healthcare & Life Sciences, Business Services, Energy & Natural Resources, and Technology, Media & Telecom sectors. Our seasoned investment bankers have collectively advised on hundreds of transactions for a variety of clients including family-owned businesses, entrepreneur-led companies, public corporations, and leading private equity firms.

The firm has worldwide access to buyers, sellers, and offshore investors via the Corporate Finance practices of BDO International’s network of independent member firms which have been ranked collectively as a Top 5 global M&A midmarket advisor based on total deal volume announced in 2016, according to Thomson Reuters SDC. BDO International Corporate Finance firms operate in approximately 60 countries with over 2,000 professionals who are able to meet the investment banking needs of clients across the globe.