Announced

Completed

Genstar completed the acquisition of BBB from Pamplona.

Synopsis

Genstar, a private equity firm focused on investments in targeted segments of the industrial technology, healthcare, financial services, and software industries, completed the acquisition of BBB from Pamplona. Financial terms were not disclosed. BBB supplies non-discretionary replacement parts in the North American automotive aftermarket, primarily focused on the do-it-for-me light vehicle aftermarket and serves vehicle owners, professional technicians and franchised dealers. “BBB is an industry leader in the automotive aftermarket with a strong reputation for quality and manufacturing expertise. We believe we can partner with management to expand the product offerings for BBB’s customers through investments in new technologies, capacity expansions, and acquisitions in BBB’s current and adjacent markets. Genstar’s ability to move quickly and to provide growth capital will help to further enhance BBB’s market presence and build on its strong relationships with new and existing customers,” Rob Rutledge, Genstar Managing Director.

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