Le Lézard
Classified in: Sports and recreation
Subject: Merger/Acquisition

Charger Investment Partners Completes Acquisition of PerTronix

Charger Investment Partners ("Charger") announced today that one of its affiliates has completed the acquisition of PerTronix, LLC ("PerTronix"). As part of the transaction, PerTronix's leadership team will remain in place. Financial terms of the transaction were not disclosed.Headquartered in San Dimas, CA, PerTronix is a leading designer and manufacturer of performance aftermarket automotive products with market-leading brands in Ignition, Exhaust and Fuel Systems categories including PerTronix Ignition, Aeromotive Fuel Systems, Waterman, Taylor Cable Products, Doug's Original Headers, JBA Performance Exhaust, Patriot Exhaust, Compu-Fire, and Spyke. PerTronix and its brands have a rich, long-standing history of contributing to the automotive performance, restoration, and racing culture through a reputation of quality, innovation, and customer service.

Robyn Hetland, CEO of PerTronix, commented, "We are thrilled to enter into this partnership with Charger. PerTronix has a deep-rooted culture of developing and manufacturing quality performance products to its passionate and loyal customers and we look forward to extending that tradition. Building on the recent acquisitions of two industry-leading brands, Aeromotive Fuel Systems and Taylor Cable Products, we have a number of organic growth and strategic M&A-driven initiatives we believe will be accelerated with Charger's investment success, operational knowledge and industry relationships within the performance automotive aftermarket industry and will allow us to continue to deliver for our loyal customers and be an even better partner to our key stakeholders."

"We are excited to continue PerTronix's remarkable heritage in both motorsport and the broader performance automotive category. The Company's talented leadership team has built an exceptional platform and we look forward to providing the resources to capitalize on numerous growth opportunities ahead," said Kimberly Pollack, Partner at Charger Investment Partners.

Charger Investment Partners

Based in El Segundo, California, Charger Investment Partners is a private equity firm that invests in dynamic small and mid-sized companies primarily in the industrial, services, and consumer industries that can benefit from Charger's partnership and value enhancement expertise. The firm's principals have decades of experience successfully building market-leading companies and utilizing an operationally focused, flexible capital approach that encompasses a variety of transaction types including ownership transitions, corporate carve-outs, and recapitalizations. For more information, please refer to the Charger website at www.chargerinv.com.

PerTronix, LLC

Founded in 1991 and based in San Dimas, CA, PerTronix, LLC (dba PerTronix Performance Brands) houses the automotive aftermarket's top shelf manufacturers of performance products. From ignition product to exhaust systems for Hot Rods, Custom and Muscle Cars to Trucks and Motorcycles, PerTronix Performance Brands' industry savvy and expertise provide spark, horsepower, sound, and unrivaled performance for nostalgic to modern enthusiasts alike. PerTronix Performance Brands includes: PerTronix Ignition, Aeromotive Fuel Systems, Taylor Cable Products, Doug's Original Headers, JBA Performance Exhaust, Patriot Exhaust, Compu-Fire, and Spyke.

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News published on 3 december 2021 at 14:45 and distributed by: