Announced
Financials
Sources
Tags
Single Bidder
Private Equity
United States
Auto Parts
Private
Majority
aftermarket electronic devices
Acquisition
Pending
Domestic
Friendly
Synopsis
Kinderhook-backed Repairify, a provider of remote diagnostic solutions and services to the collision industry, agreed to acquire Red EU and Red Autocentres, distributors of aftermarket electronic devices designed to run diagnostic tests and calibration services on automotive electrical systems. Financial terms were not disclosed. "The merger between Red and Repairify will provide tremendous value and benefits to all our of our Red global customers. Red customers will benefit from having access to a complete portfolio of world class tools, products, and services rapidly being integrated under the Repairify global solutions platform," Martin Brown, Red EU CEO.
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