Announced
Completed
Financials
Tags
Auto Services
Completed
Majority
Friendly
automotive
Acquisition
Private Equity
Private
Single Bidder
United States
car manufacturing
Domestic
Synopsis
Industrial Opportunity Partners, a private equity firm, completed its acquisition of Competition Cams, a manufacturer of auto parts. Financial terms were not disclosed. “The COMP Cams management team and I are looking forward to our partnership with IOP and Edelbrock. We believe IOP’s operations-focused approach will assist us in optimizing all aspects of our business to support continued growth and better serve the automotive aftermarket and racing communities," Chris Douglas, Competition Cams President.
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