Capital Towing and Recovery Inc

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Capital Towing and Recovery Inc - overview

Established

2012

Location

Columbus, OH, US

Primary Industry

Transportation Services

About

Capital Towing and Recovery Inc offers a range of towing and roadside assistance services, focusing on efficiency and customer satisfaction in Columbus, Ohio and surrounding regions. Founded in 2007 by Brandon Harris, Capital Towing and Recovery Inc provides towing and recovery services. The company was acquired by City Wide Towing & Recovery Service Ltd. , a portfolio company of Signal Hill Equity Partners, in October 2017.


Headquartered in Columbus, US, it has completed one deal since its founding. Capital Towing & Recovery specializes in a comprehensive suite of towing and recovery services designed to meet various roadside assistance needs. Their core offerings include light-duty towing, heavy-duty towing, roadside assistance, mobile diesel repair, equipment transport, rotator services, and accident recovery. The company serves a diverse client base, including individual motorists and commercial vehicle operators, primarily in the Columbus, OH area and extending to other regional markets across the Midwest.


Capital Towing & Recovery generates revenue through direct service transactions with clients, employing a transactional structure that includes both business-to-business (B2B) and direct-to-consumer models. Clients are charged based on specific services rendered, with pricing based on the complexity and urgency of the situation, ensuring that individual motorists and commercial entities are adequately met. Following its acquisition in October 2017, Capital Towing and Recovery Inc is expected to leverage new resources for potential expansion into markets beyond the Midwest. Specific plans for product development or service offerings are not detailed at this time, and the future use of capital from the acquisition is yet to be disclosed.


Current Investors

City Wide Towing & Recovery Service Ltd./ULS Maintenance & Landscaping Inc

Primary Industry

Transportation Services

Sub Industries

Public Transit/Transportation

Website

www.capitaltowing.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Capital Towing and Recovery Inc - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedCapital Towing and Recovery Inc-

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