Announced
Completed
Financials
Tags
Acquisition
Friendly
automotive parts
Completed
United Kingdom
Majority
Cross Border
vehicle software
Private Equity
Auto Parts
Private
Single Bidder
Synopsis
Dubin Clark-backed EMPI, a provider of aftermarket automotive parts, completed the acquisition of RacingLine Group, a provider of premium, branded, high-performance parts and software for Volkswagen and Audi vehicles. Financial terms were not disclosed. "We’re proud of the rapid growth that our company has enjoyed over the past five years. Through this transaction, we can access resources to continue our momentum, and the ‘powerhouse’ partnership with EMPI and 034Motorsport will deliver multiple opportunities to enhance our capabilities to excite and delight our customers. For us, it’s the right step, at the right time, with the right partners," Sam Roach, RacingLine Managing Director.
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