SMI Automotive Service, LLC

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SMI Automotive Service, LLC - overview

Established

1969

Location

Louisville, KY, US

Primary Industry

Retail

About

SMI Automotive Service, LLC provides expert automotive repair and maintenance services, focusing on German and Asian imports to ensure vehicles are efficiently serviced by ASE-Certified technicians in Louisville, US. SMI Automotive Service, LLC operates in the automotive repair sector, specializing in servicing various makes and models. Founded in 1969 in Louisville, US, the company has maintained a steady approach without significant pivots or changes in operations. It has one recorded deal, which occurred on May 28, 2019, when Joe Hudson's Collision Center, a portfolio company of Carousel Capital, acquired SMI Automotive Service.


Financial terms were not disclosed. SMI Automotive Service specializes in a comprehensive range of automotive repair and maintenance services, catering to various makes and models, with a particular focus on German and Asian imports. Their core offerings encompass diagnostics, minor to major repairs, oil changes, brake services, and transmission repairs, ensuring vehicles operate efficiently and reliably. The company employs ASE-Certified technicians equipped with the latest diagnostic tools and software tailored to the specific needs of each vehicle, enhancing their service quality.


Targeting a diverse clientele, SMI Automotive Service primarily serves individual car owners in the Louisville area, including surrounding regions. Additionally, the company’s commitment to excellent customer service and reliable repairs has established a loyal customer base that appreciates integrity and transparency in automotive care. SMI Automotive Service generates revenue through direct transactions with individual customers seeking automotive repair and maintenance services. The typical transaction structure involves customers visiting the facility for various services, which may include diagnostics, routine maintenance, or urgent repairs.


Pricing plans are based on the specific services rendered, with common offerings such as oil changes and brake repairs forming the backbone of their revenue streams. The company’s focus on providing dealership-quality services at competitive prices positions it as an attractive alternative for customers wary of high dealership fees. Overall, SMI Automotive Service relies on maintaining a consistent flow of customers through reliable service and a strong reputation in the local automotive repair market. Following the acquisition on May 28, 2019, SMI Automotive Service plans to leverage new investment for growth initiatives.


Specific upcoming products or services have not been detailed, but the company aims to expand its reach into additional geographic regions beyond Louisville. Further details on these plans are pending as the company integrates with Joe Hudson's Collision Center and assesses new market opportunities.


Current Investors

Joe Hudson's Collision Center

Primary Industry

Retail

Sub Industries

Automobile Repair

Website

www.smiky.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

SMI Automotive Service, LLC - 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-onCompletedSMI Automotive Service, LLC-

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