Kinderhook Industries Acquires Leonard (LAUB Holdings)
March 4, 2021
Kinderhook Industries acquired LAUB Holdings, LLC (doing business as Leonard), a leading retailer of truck accessories, trailers, and sheds headquartered in Mount Airy, North Carolina, from Copeley Capital Management. Leonard operates 59 retail locations in the U.S. Southeast, manufactures sheds at its Mount Airy facility and sources trailers via contract manufacturing; financial terms were not disclosed and financing was provided by Twin Brook Capital Partners.
- Buyers
- Kinderhook Industries, LLC
- Targets
- LAUB Holdings, LLC (Leonard)
- Sellers
- Copeley Capital Management
- Industry
- Automotive
- Location
- North Carolina, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Kinderhook Industries Acquires Continental Auto Parts
July 24, 2023
Automotive
Kinderhook Industries has acquired Continental Auto Parts, a Newark-based distributor of aftermarket collision automotive parts, in partnership with management. The transaction will support CAP's next phase of growth — both organic and via acquisitions — with financing provided by Truist Bank; financial terms were not disclosed.
-
Kinderhook Recapitalizes Auto‑Wares; Auto‑Wares Acquires Lafayette Warehouse
March 8, 2023
Transportation
Kinderhook Industries recapitalized AWI Holdings (Auto‑Wares) in partnership with management and provided financing through a Truist‑led debt syndicate. Following the recapitalization, Auto‑Wares acquired Lafayette Warehouse, a regional OEM and aftermarket parts distributor in North Central Indiana, as an add‑on to its platform.
-
Leonard Group Acquires Cook Portable Warehouses
April 12, 2022
Manufacturing
Leonard Group, Inc., a Kinderhook Industries-backed specialty retailer and manufacturer, acquired Cook Portable Warehouses, a Cobden, Illinois-based manufacturer and retailer of prefabricated storage sheds. The add-on expands Leonard's corporate retail footprint and provides manufacturing capabilities across the Midwest, Texas, and Gulf Coast; financial terms were not disclosed.
-
Kinderhook Recapitalizes Coleman Powersports
October 13, 2021
Consumer Products
Kinderhook Industries completed a recapitalization of Coleman Powersports in partnership with the company's management team. The transaction will support Coleman's growth and distribution expansion while founder and CEO Rich Godfrey remains in place; financing was provided by Twin Brook Capital Partners.
-
Kinderhook Industries Acquires Adell Corporation
March 19, 2019
Manufacturing
Kinderhook Industries acquired Adell Corporation, a Sunnyvale, Texas-based manufacturer of protective door edge guards and other automotive OEM accessories. Kinderhook plans to use Adell as a platform for a buy-and-build strategy targeting OEM parts and aftermarket accessories, with J. Pearson joining as CEO and Michael Adell remaining as President.
-
Kinderhook Industries Acquires Intergulf Corporation
December 22, 2017
Industrial Services
Kinderhook Industries, a New York-based private equity firm, acquired Intergulf Corporation, a Baytown, Texas-headquartered industrial liquids management company. Several Intergulf executives (including Brandon Velek and Marc Sansom) retained ownership stakes and will continue to lead the company post-transaction; financial terms were not disclosed.
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.