K1 Speed Inc Acquires Race Place Motorsports (RPM Indoor Kart Racing)
November 16, 2012
K1 Speed Inc., the largest national operator of indoor kart racing facilities, announced it will acquire Race Place Motorsports, Inc. (RPM Indoor Kart Racing) in Sacramento, California. The transaction adds K1 Speed’s 13th nationwide location (and its 3rd in Northern California); the Sacramento facility will convert from gas karts to electric karts and is scheduled to close on December 1, 2012.
- Buyers
- K1 Speed Inc.
- Targets
- Race Place Motorsports, Inc. (RPM Indoor Kart Racing)
- Industry
- Restaurants & Hospitality
- Location
- California, United States
- Transaction Type
- Buyout
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