Announced
Completed
Synopsis
Dorman Products, a supplier of original equipment parts for automobiles, completed the acquisition of SuperATV, an independent supplier to the powersports aftermarket, for $590m. “This combination aligns with our strategy to diversify our customer base and product offering by providing a compelling entry point to the large and rapidly growing powersports industry. Not only is SuperATV a leader in their space with an extensive portfolio of widely recognized brands and proprietary products, but they also have a highly successful approach to new product innovation that aligns closely with Dorman’s business model. As a result, we are confident we can leverage Dorman’s playbook to further accelerate growth. We are excited to welcome SuperATV to the Dorman family and are excited about the value the combined company will generate for our customers and shareholders," Kevin Olsen, Dorman President and CEO.
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