Charger Investment Partners announced that one of its affiliates has completed the acquisition of PerTronix. As part of the transaction, PerTronix’s leadership team will remain in place. Financial terms of the transaction were not disclosed.
Headquartered in San Dimas, California, PerTronix is a leading designer and manufacturer of performance aftermarket automotive products with market-leading brands in Ignition, Exhaust and Fuel Systems categories including PerTronix Ignition, Aeromotive Fuel Systems, Waterman, Taylor Cable Products, Doug’s Original Headers, JBA Performance Exhaust, Patriot Exhaust, Compu-Fire and Spyke. PerTronix and its brands have a rich, long-standing history of contributing to the automotive performance, restoration, and racing culture through a reputation of quality, innovation, and customer service.
Robyn Hetland, CEO of PerTronix, commented, “We are thrilled to enter into this partnership with Charger. PerTronix has a deep-rooted culture of developing and manufacturing quality performance products to its passionate and loyal customers and we look forward to extending that tradition. Building on the recent acquisitions of two industry-leading brands, Aeromotive Fuel Systems and Taylor Cable Products, we have a number of organic growth and strategic M&A-driven initiatives we believe will be accelerated with Charger’s investment success, operational knowledge and industry relationships within the performance automotive aftermarket industry and will allow us to continue to deliver for our loyal customers and be an even better partner to our key stakeholders.”
“We are excited to continue PerTronix’s remarkable heritage in both motorsport and the broader performance automotive category. The company’s talented leadership team has built an exceptional platform and we look forward to providing the resources to capitalize on numerous growth opportunities ahead,” said Kimberly Pollack, partner at Charger Investment Partners.
