Race Winning Brands (MiddleGround Capital) Acquires TPT Solutions
April 21, 2022
Race Winning Brands, a platform company backed by MiddleGround Capital, has acquired TPT Solutions, the owner of TransGo, RevMax and Transmission Specialties. The transaction is an add-on to the Race Winning Brands platform and expands the platform's transmission-focused aftermarket product capabilities; terms were not disclosed. Prestwick served as exclusive advisor to TPT Solutions and its sponsor Five Points Capital.
- Buyers
- Race Winning Brands, MiddleGround Capital
- Targets
- TPT Solutions
- Sellers
- Five Points Capital
- Platforms
- Race Winning Brands
- Industry
- Automotive
- Location
- United States
- Transaction Type
- Addon
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