AUTOMOTIVE AND TRANSPORTATION
Uncommon Approach
As the automotive/transportation industry continues to experience sweeping consolidation, companies are increasingly recognizing that they must expand, modernize, or partner with other firms to achieve scale, acquire technological capabilities, and develop proprietary, value-added products.
Our Automotive and Transportation industry specialization includes:
- Aftermarket parts manufacturers/distributors
- Agricultural/heavy duty equipment manufacturers and suppliers
- Airlines
- Automotive dealership retailers
- Automotive OEMs and Tier I, II, and III suppliers
- Motorsports
- Trucking, intermodal, and rail
Uncommon Results
Wachovia is a leader in the automotive and transportation industry:
- Successfully completed over 30 mergers and acquisitions and hundreds of financing transactions during the past five years
- Executed over a dozen non-transaction advisory assignments
- Committed over $3.5 billion in capital to more than 100 automotive/transportation companies
- Currently provide financial services for over 3000 dealers of automobile, boat, recreational vehicle, and other durable goods dealers
The Wachovia Advantage
Wachovia's dedicated team of commercial, corporate, and investment banking professionals bring local, national, and international expertise to all facets of this complex industry. We can help you with a wide range of needs, from day-to-day cash management and financing needs to more complex advisory services.
Capital Markets
Mergers and acquisitions advisory, equity, and debt offerings
Cash Management and Deposit Services
Payables, receivables, and merchant services
Wachovia Dealer Services
Including services such as floorplanning and indirect retail financing, term loans, and commercial mortgage
Risk Management
Financial and operating risk management tools
Sales and Trading
Money market and fixed income