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New Deal


Announced

Tailwind Capital to invest in RANDYS Worldwide Automotive

Synopsis

Tailwind Capital, a middle-market private equity firm investing in targeted sectors within healthcare, business services, and industrial services, to invest in RANDYS Worldwide Automotive, a designer and asset-light supplier of highly-engineered drivetrain products to the automotive aftermarket. Financial terms were not disclosed. RANDYS caters to all channels in the aftermarket, including installers, big-box retailers, remanufacturers, e-commerce retailers and enthusiasts. RANDYS employs over 200 team members across seven warehouses and facilities, and the company continues to grow as it adds new product lines, brands, and applications. “RANDYS has created a portfolio of brands and products known for their quality, consistency and customer satisfaction. Tailwind looks forward to working with the RANDYS team to leverage its impressive customer loyalty and leading brands to continue growing the company.” Jeff Calhoun, Tailwind Partner.

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