Rob Wagman Appointed Chairman Of Repairify, Parent Company Of asTech
Wagman previously served as the president and CEO of LKQ Corp., from 2012 to 2017, overseeing the company’s revenue expansion from $4.1 billion to $9.7 billion.
Race Winning Brands Acquires MGP Connecting Rods
MGP represents the fifth add-on acquisition for Race Winning Brands.
Race Winning Brands Acquires Falicon Crankshaft Components
Falicon represents the fourth add-on acquisition for Race Winning Brands, a manufacturer of high-performance and racing related components sold to the automotive and powersports markets.
Dart Machinery Acquired By Race Winning Brands; Ted Keating Returns As President
Dart’s founder, Richard Maskin (pictured center), will continue to play a leading role within the organization as a partner and chairman of R&D.
Rick Keister Joins The Board Of Collision Diagnostic Services
Keister will help guide the company as it expands its remote diagnostic solutions and services to the collision industry.
Bestop Acquired By Kinderhood/Magna Joint Venture
Headquartered in Louisville, Colorado, Bestop is a leading manufacturer of soft tops and fabric accessories for Jeep vehicles and the sole supplier of OEM soft tops for Jeep Wranglers since 1986.
Advantage Truck Accessories and Torza Inc. Acquired by THI
Formed in November 2007 by Kinderhook Industries LLC, a New York-based private equity firm, THI is a growing family of respected aftermarket truck product brands.
GAAS 2008: Private Equity and the Aftermarket
“You can hardly pick up a newspaper without reading about the multi billion dollar funds buying up everything, everywhere, in every country,” said Dan Smith, president of Capstone Financial Group. Smith led a panel discussion on private equity at the 2008 Global Automotive Aftermarket Symposium in Chicago.
Truck Accessory Companies Extang and TruXedo Acquired
Capstone Financial Group has completed the sale of its client, Extang Corp., a manufacturer of soft tonneau covers for light trucks, to an affiliate of Kinderhook Industries. In addition, Capstone represented Kinderhook in the purchase of TruXedo, another manufacturer of soft tonneau covers. Both transactions took place on Nov. 16.