Wheel Pros (Clearlake-backed) Acquires TSW Alloy Wheels

Clearlake-backed Wheel Pros Acquires TeraFlex

April 1, 2022

Automotive

Wheel Pros, a designer and distributor of aftermarket vehicle enhancements backed by Clearlake Capital, has acquired TeraFlex, a Utah-based manufacturer and distributor of aftermarket suspensions, shocks and related components. The founders of TeraFlex will remain with the business; financial terms were not disclosed. The acquisition expands Wheel Pros' suspension and performance shock product offerings and broadens the combined company's distribution footprint.

Wheel Pros (Clearlake-backed) Acquires Transamerican Auto Parts (TAP) from Polaris

June 16, 2022

Automotive

Clearlake Capital-backed Wheel Pros has entered a definitive agreement to acquire Transamerican Auto Parts (TAP), the owner/operator of 4 Wheel Parts, from Polaris Inc. The deal creates a vertically integrated, omnichannel aftermarket automotive platform combining Wheel Pros' branded product portfolio and distribution network with TAP's retail, e-commerce, manufacturing and installation capabilities.

Wheel Pros (Clearlake-backed) Acquires Performance Replicas

November 9, 2020

Automotive

Clearlake Capital-backed Wheel Pros has acquired the assets of Performance Replicas, Inc., a distributor of factory reproduction wheels. The add-on acquisition expands Wheel Pros' product offering and leverages its global distribution network to grow Performance Replicas' reach; financial terms were not disclosed.

Clearlake-backed Wheel Pros Acquires throtl

January 6, 2021

Automotive

Clearlake Capital-backed Wheel Pros has acquired throtl, an e-commerce and digital media marketplace for automotive and off-roading enthusiasts. The acquisition strengthens Wheel Pros' digital, direct-to-consumer and content-driven commerce capabilities; throtl's founding team will remain with the combined company.

Clearlake-Backed Wheel Pros Merges with Hoonigan

September 2, 2021

Automotive

Wheel Pros, a Clearlake Capital-backed designer and distributor of aftermarket vehicle enhancements, has merged with automotive lifestyle brand Hoonigan to create a combined digital platform for automotive enthusiasts. The combination aims to expand digital media, ecommerce and branded merchandise capabilities while leveraging Wheel Pros' product and distribution network to scale the Hoonigan brand globally.

Wheel Pros (Clearlake-backed) Acquires Driven Lighting Group from Kian Capital

August 25, 2021

Automotive

Clearlake Capital-backed Wheel Pros has acquired Driven Lighting Group (DLG), an Atlanta-based designer and online retailer of aftermarket automotive lighting products, from Kian Capital Partners. Terms were not disclosed; Wheel Pros said the acquisition expands its enthusiast aftermarket lighting portfolio and will leverage Wheel Pros' scale and operations to accelerate DLG's growth.