Clearlake-backed Wheel Pros Acquires TeraFlex

April 1, 2022

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.

Buyers
Wheel Pros, Clearlake Capital Group, L.P.
Targets
TeraFlex
Platforms
Wheel Pros
Industry
Automotive
Location
Utah, United States
Transaction Type
Addon

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