Capstone Partners Advised Calculated Risk Motorcycle Group on its Sale to Navigant Oak, LLC

Capstone Partners advised Calculated Risk Motorcycle Group—a management group operating six Harley-Davidson dealerships and two preowned motorcycle dealerships in the Dallas/Fort-Worth, TX area—on its acquisition by private holding company Navigant Oak, LLC. Terms of the deal were not disclosed.

Headquartered in Bedford, Texas, Calculated Risk is an investment company that owns and manages six Harley-Davidson dealerships and has launched the Lucky Penny Cycles pre-owned motorcycle brand. Locations include Texas Harley Davidson—the largest Harley Davidson dealership in the state of Texas. The company also offers comprehensive dealership consulting, real estate investment and development expertise, and talent development services. For more information, please visit

Capstone Senior Director Yogesh Punjabi commented, “We are honored to have advised and served Calculated Risk on a very important transaction, symbolizing both the investor interest and strong outlook for powersports dealerships. Adam is an outstanding leader who built an exceptional business and culture at Calculated Risk. This culture combined with Navigant Oak’s resources and capabilities results in a powerful partnership, unlocking significant future growth opportunities for the company.”

The Capstone team was our ideal partner. They ran a highly professional and customized sale process and were committed to achieving a successful outcome for the owners and our team members. Their consistent guidance, capabilities, and sector expertise significantly contributed to a successful transaction with the perfect partner.

Adam Smith,Founder & President, Calculated Risk

Navigant Oak, LLC is a private holding company for a southeast Michigan family’s portfolio of businesses and investments. The company actively pursues new acquisitions where it seeks to make control equity investments in lower middle market companies that can be operated autonomously. Navigant Oak’s flexible approach, patient capital, and desire to maintain what’s worked in the past often complements family- and founder-owned businesses, and its primary goal is to enable growth in our autonomous companies by offering the resources for long-term success. For more information, please visit

The expert investment banking professionals on Capstone Partners’ Consumer Investment Banking Team work with leading middle market companies operating in the Automotive market to advise with their strategic decision-making in order to maximize financial outcomes at every stage of the business lifecycle. Our firm has developed a full suite of corporate finance solutions, including M&A advisory, debt advisory, financial advisory, and equity capital financing to help privately owned businesses and private equity firms address any need, ranging from growth and financial or operational advisement to an ultimate exit transaction.  To learn more about this transaction, or about the benefits of starting a relationship with our Consumer Investment Banking Team, contact us here.