BUSCO ENTERPRISES

Quazar is pleased to announce that Busco Enterprises, Inc. (“Busco”) has been acquired by an International Ecommerce Company. Quazar advised Busco in the transaction.

The Shareholder of Busco made a strategic decision to transition the business to new ownership in order to create liquidity and to find a partner who could continue to grow the business. They chose Quazar as their M&A Adviser primarily due to Quazar’s industry experience, extensive network, and reputation for successfully working with privately held businesses in the brokerage marketplace.

Quazar received national and international interest from many strategic buyers. The Shareholder ultimately decided that a large, international company with industry and ecommerce expertise would be the best fit to continue to grow the business and create new opportunities for its employees.

Busco Enterprises Inc. is an online distributor of automotive, truck, agricultural, autobody, marine, small engine and industrial tools, equipment and shop supplies.  Its website is directed to commercial, professional, individual and institutional users of these products.  The company is based out of Vadnais Heights, Minnesota.

Quazar (quazarinc.com) is a Minneapolis-based Investment Bank founded in 1990. Quazar specializes in working with privately-held businesses within various industries, including: manufacturing, distribution, business services, technology, and consumer. Quazar provides both sell-side and buy-side advisory services to companies in the lower middle and middle-market.