Industrial Opportunity Partners (IOP), an operations-focused private equity firm based in Evanston, Illinois, and owner of Edelbrock LLC, has announced the acquisition of the COMP Performance Group.
Edelbrock LLC and the COMP Performance Group and their respective management teams will currently operate as independent organizations. Both teams will continue to provide the same great designs, products and service that have made them respective market leaders as they explore opportunities to drive increased product and customer offerings.
Edelbrock is one of the nation’s top designers, manufacturers and distributors of automotive aftermarket performance parts. Edelbrock produces its core products in the U.S., using state-of-the-art equipment in world-class manufacturing facilities and in-house engineering departments. Through the Edelbrock and Russell brands, it currently provides products for numerous vehicle types, including early- and late-model performance cars, trucks, JDM and off-road applications.
Based in Memphis, Tennessee, the COMP Performance Group is a family of aftermarket performance companies that includes such brands as COMP Cams, TCI, FAST, RHS, ZEX, Inglese and many others. Winning performance, superior engineering and unmatched quality form its foundation, and from the street to the strip, circle track to road racing, the COMP Performance Group touches the lives of performance enthusiasts everywhere.