Announced
Completed
Financials
Tags
Friendly
Acquisition
Completed
Domestic
Majority
Private Equity
Private
Auto Parts
Automotive Wholesalers
United States
Single Bidder
Synopsis
Private equity firms Greenbriar Equity Group and Tailwind Capital completed the investment in RANDYS Worldwide Automotive, a designer and asset-light national supplier of branded drivetrain, suspension, and undercar products to the vehicle aftermarket. Financial terms were not disclosed. "With its omnichannel model and portfolio of highly regarded brands, RANDYS is a truly exceptional business that is uniquely positioned for continued success in an attractive and resilient segment of the vehicle aftermarket. We are excited to partner with Kevin and the rest of the RANDYS team to further strengthen the Company's leadership position while leveraging Greenbriar's domain expertise to accelerate growth," Matt Burke, Greenbriar Managing Director.
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