Scaffidi Motors, Inc. sells its heavy truck business to Kriete Truck Centers
Learn how Baker Tilly Capital along with Baker Tilly US’s dealership practice identified a list of potential buyers they believed would be a good fit for Scaffidi Motors, Inc.
Client need
Sam Scaffidi Sr. founded Scaffidi Motors, Inc. (Scaffidi) in 1966, after acquiring a former car dealership. He expanded Scaffidi in 1972, by adding the Mack heavy truck franchise. When Sam passed away in 1989, his sons, Don and Sam Jr., assumed ownership of the Wisconsin-based company. Scaffidi continued to be a premier new and used auto dealer, heavy truck dealer and service provider. In 2017, Don bought out his brother Sam Jr. and became the sole shareholder. Recently, Don sought to sell the heavy truck dealership and associated real estate in order to transition out of that part of the business. Don had previously discussed dealership services with Baker Tilly US, LLP (Baker Tilly US), and reached out for assistance with the sale.
