XPEL Acquires Assets of Its Exclusive China Distributor

XPEL Acquires Five North American Paint-Protection and Window-Film Businesses

October 1, 2021

Manufacturing

XPEL, Inc. (Nasdaq: XPEL) acquired five businesses in the United States and Canada — Shadow Shield, Shadow Tint, North 1 Technologies (FilmWraps), One Armor and Tint Net — for a combined purchase price of approximately $20.1 million. The acquisitions expand XPEL’s installer and distribution footprint in Canada and Arizona and add software/patterning capabilities (FilmWraps), with the combined businesses contributing roughly $17.0 million in annual revenue on a pro forma basis.

XPEL Acquires U.K.-based invisiFRAME Ltd.

November 1, 2021

Consumer Products

XPEL, Inc. (Nasdaq: XPEL) has acquired invisiFRAME Ltd., a United Kingdom-based maker of custom bicycle frame protection kits that sells direct-to-consumer and to bicycle shops across the UK, Europe, Australia and the U.S. The acquisition is expected to add roughly $2.7 million in incremental annual revenue and allow XPEL to leverage its global dealer and installer network to expand reach into the bicycle protection market.

Jamieson Wellness Acquires Distribution Operating Assets in China

May 4, 2023

Consumer Products

Jamieson Wellness Inc. completed the previously announced acquisition of operating assets from its distribution partner in China for approximately CAD 26 million, giving the company full value-chain ownership in the market. The move enables Jamieson to operate sales, marketing and distribution directly in China as it pursues growth; a previously announced partnership with DCP Capital to support expansion in China is expected to close shortly.

Reynolds and Reynolds Acquires Xzilon

July 13, 2023

Automotive

The Reynolds and Reynolds Company acquired Xzilon, a maker of vehicle appearance protection products known for ceramic and interior protection systems. Xzilon will continue operating under its current leadership with Kevin Kahmann remaining president; the acquisition expands Reynolds' dealership product and F&I offering capabilities across automotive, RV, marine and powersports markets.

Xcite Automotive Acquires Pinnacle Automotive

April 18, 2024

Automotive

Xcite Automotive has acquired Pinnacle Automotive, including its Diamond Dealer Services and Diamond Digital PRO platforms, to expand its reconditioning, merchandising and inventory workflow capabilities. The Pinnacle assets will be integrated into Xcite's ReconLogic and Frontline platforms; Camden Partners (a Baltimore-based private equity firm) also joined Xcite's board as part of the announcement.

POET Technologies Acquires Super Photonics Xiamen

December 31, 2024

Manufacturing

POET Technologies completed the acquisition of the remaining 24.8% equity in Super Photonics Xiamen (SPX) from Quanzhou San'an (Sanan) for US$6.5 million (payable over five years) and purchased SPX's production equipment for US$3.8 million. The deal gives POET 100% ownership of SPX, strengthens its ‘China Plus One’ manufacturing footprint and expands production capacity for 800G+ optical engines serving AI and hyperscale data center markets.