Company Type

Autos & Products


$10 Million

Investment Type


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Beacon Auto Repair


Beacon Auto Repair is seeking $10 million in debt/equity to acquire and operate single-owned Meineke franchise auto repair shops

Beacon has acquired the exclusive rights to expand its Meineke franchise throughout key counties in the Chicagoland Area, Upper Indiana and Upper Illinois

Currently operates six auto repair stores in the Chicagoland area, and anticipates significant scale over time (up to 50+ shops)

Beacon is like no other franchisee, with the means to leverage valuable branding, training best practices, and advertising support available within the Meineke ecosystem

Team is composed of key value-add roles including recruiting, consolidated back office, operations, fleet sales/CRM and retail marketing to provide economies of scale

Beacon Auto Repair


The automotive repair and maintenance market continues to expand as vehicles are becoming more advanced and efficient

The average age of vehicles in the US has increased to 12.2 years, according to S&P Global Mobility

The average age of light vehicles in operation in the US rose to 12.2 years this year, according to new research from S&P Global Mobility, the fifth straight year it has risen

Automotive repair tends to remain steady through economic cycles – when the market is down people many hold onto their vehicles longer

Beacon Auto Repair

Buy the Shop Stategy

Beacon acquires only tier-1 shops doing $1+ million in revenue with strong profit margins, with owners and teams who are willing to stay, and where a portion of the purchase price is set aside to support ongoing shop performance

By acquiring existing shops where the full team intends to stay on, Beacon expects the facilities to cash flow immediately after close

Immediate focus on improving margins by eliminating office overhead and other redundant expense

Beacon Auto Repair

Buy the Team Strategy

Beacon finds talented and dedicated management teams who are seeking to make a move, structures a strong performance-based incentive program, and finds existing real estate for them to start their shop

Beacon pays upfront only for the real estate, with no acquisition cost associated with the operating business

Customers often follow shop techs/managers

By targeting high performing teams in local micro markets, Beacon expects to take share from existing shops

Beacon Auto Repair


Michael-Bryant Hicks, CEO

Seasoned corporate executive – served as executive vice president and general counsel of four publicly traded companies

Mergers and acquisitions attorney by training. Spent 23 years negotiating the acquisition of large, multinational companies in the energy (oil, gas, electricity) and life sciences (pharmaceuticals, patient care, medical devices) spaces

Acquisitions expertise developed over decades – uniquely positioned to execute the auto repair center roll-up strategy. BA from the University of North Carolina at Chapel Hill and JD from Yale Law School

Richard Johnson, District Manager

Over 20 years of experience in the automotive repair industry

Started as a technician, moved to shop manager, and over the last decade was a regional manager of dozens of repair centers

Degree in automotive repair management from the Universal Technical Institute

Adeyemi Owolewa, VP, Strategy & Operations

Lead strategy officer for Beacon Auto Repair since the company’s start in March 2021

Was the Head of Corporate Strategy at pharmaceutical manufacturer Elanco Animal Health

Served as Senior Global Director of Strategy with Anheuser-Busch InBev

Also served as a business management consultant with The Boston Consulting Group. BA and MBA from Harvard University

Krystal Montemayor

Head of Administration

Leads all administrative functions of the Beacon Auto Repair corporate team, including human resources, recruiting, and state and local government compliance

Served as the director for Kiddie Academy, a franchised group of childcare centers

BA and MBA from Dominican University

Luis Ordenes

Property, Plant & Equipment


Maintenance coordinator of Beacon Auto Repair’s real estate and equipment

Interacts with local and state governments to make sure the company complies with all regulations applicable to the business, especially environmental ordinances

20 years of experience managing auto wash and detailing operations

High level of skill ensuring that equipment failures don’t endanger people or put operations at risk

Beacon Auto Repair

Learn More About This Transaction: Beacon Auto Repair
Thank you for your interest in Beacon Auto Repair. Please fill out your information and we will contact you shortly with more information about Beacon Auto Repair.


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Hi. We're not around right now. But you can send us an email and we'll get back to you, asap.

Thanks, Ken

Ken Margolis | Managing Partner Castle Placement, LLC
1460 Broadway Street, Rte 400
New York, New York 10036
(212) 418-1188 | C: (516) 712-7784


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