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Announced

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Genstar Capital completed its investment in Truck-Lite.

Synopsis

Genstar Capital completed its investment in Truck-Lite, a provider of safety lighting, filtration systems and telematics services for commercial vehicles. As part of its investment, Genstar acquired BDT and Koch's ownership interests. Financial terms were not disclosed. "Truck-Lite has a leading position in attractive market segments, with a history of innovation, product development and industry superior technology. For over 60 years they have worked to build strong brand recognition and we see opportunity to support the continued expansion of the business through growth in new products, technologies, and Truck-Lite's Road Ready telematics systems and look to further expedite that growth by pursuing strategic acquisitions," Rob Rutledge, Genstar Managing Director.

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