HOLLAND, MI — Qualitor, Inc., parent company of Sloan Transportation Products, has announced the recapitalization of its business. Based in Southfield, Mich., Qualitor was previously a Wind Point Partners portfolio business, and is now owned by Thayer Capital Partners, Baird Capital Partners and American Capital, along with Qualitor’s senior management team.
“The recapitalization of our parent company is a strong endorsement of our business and provides us with a solid financial foundation to pursue future growth in the heavy duty industry,” said Scott Bye, president, Sloan Transportation Products. A 25-year industry veteran, Bye is a member of Qualitor’s management team. He came to Sloan in 2003 from Magna Donnelly.
Qualitor’s management team is led by Kevin Baird, CEO, and Mike Borellis, CFO. Baird is a 20-year veteran of the industry, having spent many years at Federal-Mogul where he rose to the position of senior vice president before leaving to take the helm at Qualitor. Borsellis came to Qualitor four years ago from Textron Automotive, where he was vice president of finance for the fastening systems group. Other management team members include: Robert Bosco, president of Qualitor’s hydraulic brake group since 2001, and Chuck Fessler, president of Qualitor’s wiper business, Pylon, since 1999.
In addition to heavy duty replacement products sold through Sloan, Qualitor is a leading supplier of automotive replacement products.
For more information about Qualitor, visit www.qualitorinc.com.
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