Announced
Completed
Synopsis
Fox Factory, which designs and manufactures performance-defining products primarily for bicycles, on-road and off-road vehicles and trucks, completed the acquisition of SCA Performance, an OEM authorized speciality vehicle manufacturer, from Kinderhook Industries, a private equity firm, for $341m. “We are excited to announce the acquisition of SCA, and believe it presents a substantial opportunity for FOX to further expand its performance-defining aftermarket solutions and continue to drive growth in our Powered Vehicles Group. We look forward to further accelerating our already significant presence in the growing specialty vehicle manufacturing market. We welcome the experienced SCA leadership team and believe they will play an integral part in our Company’s growth going forward,” Mike Dennison, FOX's Chief Executive Officer.
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