VSSTA, Inc., a SaaS Platform for Remote ADAS Diagnostics and Calibrations, Has Been Acquired by Greybull Stewardship

20.06.2025

HOUSTON, TEXAS (June 20, 2025) – Statesman Corporate Finance, LLC (“Statesman”) is pleased to announce the recent acquisition of VSSTA, Inc. (“VSSTA” or “the Company”) by Greybull Stewardship, Jackson, Wyoming, (“Greybull”). The transaction closed on May 23, 2025, and Statesman served as the exclusive sell-side financial advisor to VSSTA.

Founded in 2020 by industry veteran Bobby Beason, VSSTA is a disruptive SaaS platform purpose-built to provide remote post-collision diagnostics, programming, and calibrations of Advanced Driver Assistance Systems (“ADAS”) features in passenger vehicles. With ADAS features now standard across virtually all modern makes and models, the collision repair industry is undergoing significant transformation as it adapts to increasingly complex technology requirements and seeks to capture meaningful new service revenue streams from these changes. Mr. Beason originally developed the VSSTA platform to support ADAS diagnostics and calibrations across his own portfolio of auto body shops. However, growing demand from other operators led him to commercialize the platform under a scalable SaaS model. Today, VSSTA supports over 400 active subscriptions from collision repair shops across 37 states and continues to expand its footprint as a mission-critical solution in the evolving automotive repair landscape.

Mr. Beason commented, “As the growth of VSSTA accelerated, I recognized the need for a strategic partner to help scale and capture critical early market share in this rapidly emerging service segment. While I had been approached by a potential partner, I quickly realized I was navigating in a world I didn’t fully understand and I needed guidance. We were referred to Statesman, and their expertise proved invaluable—first in preparing us for engagement with the capital markets, and then in running a professional, competitive process that helped us identify, evaluate, and differentiate among a broad field of interested parties. The outcome far exceeded our expectations, and I can’t say enough about the dedication, professionalism, and insight the Statesman team brought to the table. Everyone at VSSTA is incredibly excited about joining forces with Greybull and embarking on this next phase of growth.”

Mr. Mason Myers, Founder and CEO of Greybull, stated “Amid ongoing innovation in the automotive industry, VSSTA meets a critical market need for advancing safety technologies through its software-based solutions. Our partnership with VSSTA represents a continuation of the key elements of Greybull’s strategy. We look forward to leveraging our resources and operational capabilities in close collaboration with the VSSTA team to bring essential services to this fast-growing market.”

About the other transaction participants 

Statesman Corporate Finance, LLC (Houston & Austin, TX) is the FINRA-licensed broker dealer affiliate of Statesman Business Advisors, LLC. Celebrating its 30th year in 2025, Statesman provides merger and acquisition, capital formation, valuation, and other general corporate financial advisory services to leading middle-market companies. The Statesman team advising on this engagement included Walter Tomlinson, Managing Member, Director David Carrasco and Vice President Nathan Hurst.

Chamberlain Hrdlicka (Houston, TX) provided legal counsel to VSSTA, led by Shareholder Jack Najarian and included Shareholder Katherine Noll and Associates Jack Li and William Cowan.

Maynard Nexsen (Birmingham, AL) provided legal counsel to Buyer, led by Shareholder Mike Evans and Associate Benjamin Rosen.

Eide Bailly (Fargo, ND) provided accounting and tax counsel to Buyer, led by Partner Matt Labernik, Manager Jeffrey Pool and Senior Associates Tom Schwartz and Ayasha Subudhi.

Cuesta Partners (Chicago, IL) provided technology counsel to Buyer, led by Partner Christopher Steiner, Manager Kristi Kozubal and Consultant Nosh Petigara.

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