Fox Factory to acquire Custom Wheel House from Thompson Street Capital Partners for $132m.

Fox Factory, a company that designs and manufactures performance-defining products primarily for bicycles, on-road and off-road vehicles and trucks, agreed to acquire Custom Wheel House, a manufacturer of wheels, off-road tires, and accessories, from Thompson Street Capital Partners, a private equity firm, for $132m. “We are excited to announce the acquisition of Custom Wheel House and believe it presents a substantial vertical integration and collaborative opportunity for Fox. This will further expand our performance-defining aftermarket solutions with high-performance wheels and performance off-road tires. When pushing the limits of ride dynamics, expanding the company’s expertise from suspension to wheels and tires is a natural evolution. We welcome the experienced Custom Wheel House leadership team and believe they will play an integral part in the company’s growth going forward,” Mike Dennison, Fox Factory CEO.