in a large number of transactions
across a wide spectrum of industries
FORT LAUDERDALE, Fla. -- Fort Lauderdale-based investment banking firm Farlie Turner & Co. announced today that it served as exclusive financial advisor to Forecast Trading Corporation (“Forecast”) on its recent sale to Standard Motor Products (NYSE: SMP). Forecast is a leading distributor of replacement automotive aftermarket parts and accessories including ignition coils, ignition modules, switches, sensors and filters.
“This transaction represents yet another successful sale by our distribution group. Forecast’s value-priced engine management products are a growing part of the automotive aftermarket as the vehicle population continues to age and the economic climate remains difficult” said Craig Farlie, a Managing Director of Farlie Turner. “Standard Motor Products will be able to offer a strong combination of parts to its customers by combining Forecast's value line with their top-quality line."
About Farlie Turner & Co., LLC
Farlie Turner & Co., LLC, and its affiliate Bayshore Partners, LLC, a broker-dealer registered with FINRA, provide merger and acquisition, private placement and financial advisory services to middle market companies. Please visit www.farlieturner.com for more information.