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Announced

Completed

Cortec Group-backed Enthusiast Auto Holdings completed the acquisition of RCI Metalworks.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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automotive

Completed

United States

Majority

Friendly

Acquisition

Domestic

automotive accessories

Private

Private Equity

Auto Parts

Single Bidder

Synopsis

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Cortec Group-backed Enthusiast Auto Holdings, a platform that invests in and helps operate brands in the automotive performance industry, completed the acquisition of RCI Metalworks, a banner for off-road enthusiasts looking to take their vehicles to the next level in off-road performance. Financial terms were not disclosed. EAH is seeking to strengthen the RCI Leadership team with an established President & General Manager.

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