USAuto Sales Acquired by Milestone Partners

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(June 2015) --– Comstock Capital and Advisory Group acted as exclusive financial advisor to USAutoSales in connection with its recapitalization by Milestone Partners.USAutoSales is one of the nation’s leading used car sales and finance companies, commonly known as “buy here/pay here”.  USAutooperates 17 dealerships across Georgia and South Carolina. 

The transaction, which is the eighth closed transaction in the buy here/pay here sector for the principals of Comstock Capital, highlights Comstock Capital’s deep industry knowledge and strong relationships with active acquirers in the industry, and the continued demand for subprime auto assets within the financial sponsor community. Terms of the transaction were not disclosed.

About USAutoSales

USAuto is one of the nation's leading used car sales and finance companies. Since its founding in 1992, USAutohas built a vertically integrated platform that is focused on providing customers with high quality vehicles at affordable prices. US Auto operates 17 dealerships across the southeastern United States.

About Comstock Capital & Advisory Group

Comstock Capital & Advisory Group is an Atlanta-based boutique advisory and principal investment firm with a specialized focus on financial services companies.  Comstock Capital offers both private and publicly-held clients merger and acquisition advisory services and is an active investor in privately-held growth oriented companies.