Consumer & Retail | Debt & Equity Financings

Z1 Motorsports Completes Recapitalization

  • TM Capital served as exclusive financial advisor to Z1 Motorsports Inc. (“Z1”) in its recapitalization with Cortec Group and its portfolio company, Enthusiast Auto Holdings (“EAH”)
  • Z1 Motorsports is the leading direct-to-consumer (DTC) platform designing, sourcing and marketing performance oriented parts for enthusiast owners of Nissan and Infiniti vehicles
  • Robust content generation serves as the Company’s marketing foundation – and Z1’s enthusiast customer base drives highly compelling trends around customer acquisition, retention and unit economics
  • EAH is a leading online provider of specialty automotive aftermarket parts, both DTC and to professional installers, serving a diverse global community of auto enthusiasts
  • Cortec Group is a leading private equity firm that has acquired more than 100 middle-market companies and raised seven institutional funds with aggregate capital commitments of more than $4.6 billion

Client Testimonial

After spending the first 20 years of my working life obsessed with forming and growing a business that I love and enjoy, selecting a partner that was the right fit to work alongside our team to take Z1 Motorsports forward to the next level was a daunting task. Our decision to engage with TM Capital early, at a time seemingly prematurely, to guide us through this process was the best decision we could have made.  The TM team took the time necessary to really understand our business and, equally importantly, to understand us personally. They were able to find what we considered to be the needle in a haystack partner and then strategically coach us through the process of executing a transaction - both financially and emotionally - to a fantastic outcome.  We were thoroughly impressed with both the work ethic and mental aptitude of the TM Capital team.   I now consider Jim and the TM team not only outstanding professionals, but trusted friends. I look forward to working with TM Capital again on future endeavors.”
- Russell Floyd , President & CEO, Z1 Motorsports