Sunbelt Battery Systems, LLC has been sold to Battery Systems, Inc.

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Transactions

Sunbelt Battery Systems, LLC has been sold to Battery Systems, Inc.

Kerlin was engaged by the owners and management of Sunbelt Battery, LLC of Scottsdale, Arizona to sell the Company. Kerlin developed a descriptive memorandum and financial model for the company and initiated discussions with a limited group of potential buyers based on a highly controlled process. Kerlin assisted in the development and negotiation of the terms of the offer from Battery Systems, Inc. and assisted in the negotiation of a revised master distribution agreement between Trojan Battery Company and Battery Systems, Inc.