L Catterton-led consortium to acquire a majority stake in Truck Hero from CCMP Capital.

L Catterton-led consortium agreed to acquire a majority stake in Truck Hero, which provides consumers a full range of branded automotive accessories for trucks, from private equity firm CCMP Capital. The consortium includes a wholly-owned subsidiary of the Abu Dhabi Investment Authority, as well as Mubadala Investment Company and StepStone Group. Financial terms were not disclosed. "We are thrilled to acquire Truck Hero and partner with Bill and CCMP at this exciting moment in the Company's history of market leadership, innovation, and growth. We are especially excited about the potential for RealTruck.com, Truck Hero's direct to customer online marketplace that has become the go-to online retailer for truck enthusiasts across the country. We look forward to working with Bill and his proven team to build upon Truck Hero's position as the trusted authority in truck and Jeep personalization and utility," Marc Magliacano, L Catterton Managing Partner.