Clearlake Capital-backed Wheel Pros to acquire Transamerican Auto Parts from Polaris for $50m.

Clearlake Capital-backed Wheel Pros, a designer, manufacturer and distributor of proprietary branded aftermarket vehicle enhancements, agreed to acquire Transamerican Auto Parts, a manufacturer and distributor parts and accessories, from Polaris, a firm that designs and manufactures off-road vehicles, including all-terrain vehicles and side-by-side vehicles, for $50m. "We are thrilled to combine with TAP and build a vertically integrated omnichannel platform for aftermarket automotive enhancements across a wide range of vehicles. TAP's extensive product portfolio, proprietary brands, manufacturing capabilities, and omnichannel platform have resulted in an automotive and off-roading enthusiast following that we have long admired. We look forward to working with the TAP team as we undertake new initiatives to accelerate the growth of the combined business and continue to drive value for our customers, suppliers, and partners," Randy White, and Brian Henderson Wheel Pros Co-Founder & CEO and Chief Strategy Officer.