Carolwood LP Acquires Majority Stake in Indian Motorcycle from Polaris

Sonic Automotive Acquires Black Hills Harley-Davidson

February 15, 2023

Automotive

Sonic Automotive, a Fortune 500 automotive retailer based in Charlotte, North Carolina, has acquired Black Hills Harley-Davidson, the leading Harley-Davidson dealership in Rapid City, South Dakota and host of the Rally at Exit 55. The acquisition expands Sonic's powersports portfolio and complements its strategy to grow its powersports segment and serve rally attendees and motorcycle enthusiasts.

Bison Capital Partners Makes Strategic Investment in Motorcar Parts of America, Inc.

March 31, 2023

Automotive

Bison Capital Partners VI, LP announced a strategic (growth) investment in Motorcar Parts of America, Inc., a remanufacturer, manufacturer and distributor of automotive aftermarket parts and EV testing/diagnostic equipment. The investment is intended to support Motorcar Parts of America’s product and geographic expansion and to accelerate its electrification testing and diagnostic capabilities.

Carlyle Acquires Controlling Stake in Highway Industries and Roop Automotives

February 13, 2025

Manufacturing

The Carlyle Group, with equity from funds affiliated with Carlyle Asia Partners (CAP), completed a controlling-stake acquisition of Highway Industries Limited and Roop Automotives Limited, combining the businesses into a single platform serving global automotive OEMs. Carlyle intends to scale the platform through consolidation, operational improvements and potential synergistic add-ons to deepen capabilities across forged and precision-machined components, steering assemblies and powertrain applications.

Audax Private Equity Acquires Majority Stake in Covercraft Industries

August 24, 2021

Manufacturing

Audax Private Equity acquired a majority stake in Covercraft Industries from Century Park Capital Partners. Covercraft, a Pauls Valley, Oklahoma–based manufacturer of custom vehicle protection products, will partner with Audax to pursue organic growth and buy‑and‑build add-on acquisitions.

Platinum Equity Acquires Majority Interest in Kohler Energy from Kohler Co.

November 6, 2023

Energy

Platinum Equity has closed the transaction to acquire a majority interest in Kohler Energy from Kohler Co., establishing Kohler Energy as an independent, standalone business. Kohler Co. remains an investment partner, Brian Melka will serve as CEO and David Kohler will sit on the board; financial terms were not disclosed. Platinum Equity said it will invest in growth and operational initiatives to accelerate Kohler Energy's position in the global energy resilience market.

Carousel Motor Group Acquires Hudson Ford

January 6, 2023

Automotive

Carousel Motor Group has acquired Hudson Ford, the number-one selling Ford dealership in Wisconsin, marking Carousel's first Ford franchise and entry into the Wisconsin market. The Hudson Ford location in Hudson, WI (2020 Crest View Drive) includes new and pre-owned vehicle sales, an Abra full-service collision center and on-site detail center; principals mentioned in the transaction include Mark Swelland, Gary Embretson and Jonathan Nissly.