CCMP Capital Acquires Controlling Interest in Truck Hero
April 3, 2017
Affiliates of CCMP Capital have entered into a definitive agreement to acquire a controlling interest in Truck Hero, a leading supplier of aftermarket accessories for pickup trucks and Jeeps. TA Associates (the incumbent majority investor) and Truck Hero's founders will remain significant investors and management will continue to lead the company; the transaction is expected to close in Q2 2017 with terms not disclosed.
- Buyers
- CCMP Capital Advisors, LP
- Targets
- Truck Hero, Inc.
- Sellers
- TA Associates
- Industry
- Automotive
- Location
- Michigan, United States
- Transaction Type
- Buyout
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