HAS BEEN ACQUIRED BY
Safelite AutoGlass® (“Safelite”) Acquires Reliable Glass LLC (“Reliable”) Automotive Glass, division to Safelite® Group, Facilitated by Hexagon Capital Alliance LLC (“HCA”)
Headquartered in Phoenix, Arizona, Reliable’s Automotive Glass division is a leading provider of vehicle glass repair, replacement and recalibration services to Arizona customers for over 20 years.
“We’re happy to have Reliable Glass associates join the Safelite family,” said Renee Cacchillo, President and CEO of Safelite Group. “Founded in 2001, their focus on providing remarkable customer service and high-quality fits with our mission and values, making this acquisition a terrific addition to our business.”
Greg Tornga, Owner, Reliable – “I enjoyed working with the Hexagon Capital Alliance team in this once in a lifetime event . HCA negotiated excellent terms and end-to-end managed a complex transaction that separated the Automotive Glass division from the Residential & Commercial Glass operations.”
Andrew Suen, a Managing Director at HCA, stated, “Reliable has garnered an impeccable reputation in Arizona over the decades. We’re excited for the business to continue its growth alongside a blue-chip owner in Safelite. It was an honor to assist Greg and his family in a process that ultimately achieved the stated goals and objectives.”
For additional information, please contact:
Andrew Suen – Managing Director
“We were impressed
with the Hexagon team’s strategic advice and skills in negotiating and managing the diligence process. With their guidance, we were able to achieve a strong valuation and successful outcome for our team and shareholders.”
Flavor Infusion International, S.A.