Vehicle Accessories, Inc. Acquires SOCKS, LLC
August 17, 2020
Vehicle Accessories, Inc. (VAI), a portfolio company of Kinderhook Industries, acquired SOCKS, LLC, a web-based application that facilitates the sale of OEM accessories through automotive dealerships. The acquisition is VAI's fourth add-on (Kinderhook's 91st automotive-related transaction); financial terms were not disclosed and VAI plans to leverage OEM relationships to grow SOCKS' dealer customer base.
- Buyers
- Vehicle Accessories, Inc., Kinderhook Industries, LLC
- Targets
- SOCKS, LLC
- Platforms
- Vehicle Accessories, Inc.
- Industry
- Automotive
- Location
- United States
- Transaction Type
- Addon
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