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PE-backed Continental Batteries makes bolt-on acquisition

Continental Batteries Co. bought Memphis, Tenn.-headquartered battery distributor Battery Sales & Service for an undisclosed sum.

Battery Sales & Service caters to the automotive, commercial, solar, golf and marine markets in the mid-South and Gulf Coast regions.

Continental CEO Eric Royse said in a release that the company's sixth add-on transaction in a little over seven months will allow it to expand its market presence to 42 branches across 15 states.

Continental is a portfolio company of Incline Management LP, operating as Incline Equity Partners, which invests in specialized light manufacturing, value-added distribution and business services, among other industry sectors in the lower middle market.