Announced
Synopsis
Century Park, a Los Angeles-based private equity group, agreed to invest in CJ Pony Parts, an e-commerce platform that sells restoration and performance parts. Financial terms were not disclosed. "We couldn’t be happier to be partnering with Jay, Mike and the rest of the talented CJ Pony Parts team in this recapitalization. CJ Pony Parts is the most respected name in the Classic Mustang aftermarket and with our involvement, we hope to make it an even larger player in the broader automotive e-commerce space," Guy Zaczepinski, Century Park Managing Partner.
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