Hidden Harbor Capital Partners to acquire Dayco.

Hidden Harbor Capital Partners, a private equity firm that helps create business success stories by building teams focused on execution, agreed to acquire Dayco, an engine products and drive systems supplier for the automotive and aftermarket industries. Financial terms were not disclosed. "This is an important milestone for our business, and we are excited as we enter our next phase of growth with our new partners at Hidden Harbor. We look forward to teaming up with Hidden Harbor and drawing upon the expertise of their operating partners to build on Dayco's success. Our partnership with Hidden Harbor will enable Dayco to have greater flexibility to deliver for our customers, supply chain partners, and employees and move forward together toward a successful future," Joel Wiegert, Dayco CEO.