Twitter LinkedIn
    Thursday, August 18
    Login
    0 Shopping Cart
    Twitter LinkedIn
    Private Equity InsiderPrivate Equity Insider
    • About Us
    • Digital Events
    • Our Network
      • Reach
      • Sponsors
      • Members
    Private Equity InsiderPrivate Equity Insider
    Home»Deals»Clearlake Capital-Backed Wheel Pros Announces Strategic Growth Investment
    Deals

    Clearlake Capital-Backed Wheel Pros Announces Strategic Growth Investment

    March 29, 20211 Min Read
    LinkedIn Facebook Twitter Email WhatsApp
    Share
    LinkedIn Facebook Twitter Email WhatsApp

    Wheel Pros (the “Company”), a leading designer, manufacturer and distributor of proprietary branded aftermarket vehicle enhancements for light trucks, SUVs, passenger cars and ATVs/UTVs today announced that Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) raised new capital dedicated to fund the Company’s growth. Terms of the transaction were not disclosed.

    Wheel Pros is a leading proprietary branded aftermarket custom wheel platform with a portfolio of iconic lifestyle brands and a rapidly expanding presence in broader vehicle enhancements. Since partnering with Clearlake in 2018, the Company has more than doubled revenue and quadrupled its earnings.

    “We have achieved incredible growth in partnership with Clearlake over the past three years, more than doubling in size and establishing exciting new growth avenues, and we are very honored to have so many top-tier investors bring fresh capital to support our expansion,” said Randy White, Wheel Pros Co-founder and CEO.

    Read More

    Source: Cision PR Newswire

    Related

    Can't stop reading? This and all news articles are property of their creators, many are not owned or provided by Private Equity Insider. As an event organizer and community platform, we curate content from reliable sources for your suggested reading, and advise you to read the full articles from the referenced authors and sources.

    Deal PE Insider Private Equity
    Share. LinkedIn Facebook Twitter Email WhatsApp

    Related Posts

    Saudi Arabia’s PIF, Cain invest $900m in hotelier Aman Group

    August 17, 2022

    Denham Capital to sell Nexif Energy’s portfolio to RATCH Group in deal worth $1B

    August 17, 2022

    Thompson Street Capital Partners closes sixth PE fund at over $1.5B in commitments

    August 17, 2022

    KKR acquires Barracuda from Thoma Bravo

    August 17, 2022

    Comments are closed.

    Other Articles

    Parmenion sold to private equity house in £102m deal

    March 10, 2021

    BlackRock makes equity investment in Grupo Axo

    May 22, 2021

    Why Big Tech regulation is good for private equity, according to one CEO

    January 18, 2021

    Brookfield Consortium’s Improved Offer for AGL Is Rejected

    March 11, 2022

    Private Equity Insider LLC
    1212 Avenue of the Americas
    New York City 10036
    USA

    [email protected]

    Twitter LinkedIn
    © 2022 Private Equity Insider LLC. All rights reserved.
    • About
    • Terms of Use
    • Cookie Policy
    • Privacy Policy
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.

    View Cart Checkout Continue Shopping

    Sign In or Register

    Welcome Back!

    Login to your account below.

    Lost password?