Zabel completed the investment in SVI.

Zabel, an investment firm, completed the investment in SVI, supplier of aftermarket repair parts and accessories for automotive lifts, wheel service and automotive shop equipment, and other specialty applications. Financial terms were not disclosed. “For over 30 years, SVI has been serving its loyal customer base with quality parts and accessories. Zabel’s approach resonated with us from the very beginning as we sought to identify the right partner for SVI’s next chapter of growth and prosperity. They understand family businesses, have a strong track record of accelerating growth in industrial aftermarket parts companies, and represented the best overall fit for our company and employees,” Doug Climenhaga, SVI International President.