Announced
Completed
Synopsis
TSG Consumer Partners, a San Francisco, California-based private equity company, completed the acquisition of PowerStop, which manufactures and distributes auto parts. Financial terms were not disclosed. "TSG has long viewed the auto aftermarket category as an attractive industry with brands that have passionate and loyal consumer followings. Power Stop stood out to TSG as an omni-channel consumer-branded business, with a clear first mover advantage in the aftermarket brake category due its product strategy and roots in the e-commerce channel," TSG.
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