Greenbriar Equity Group Majority Recapitalizes RANDYS Worldwide

November 2, 2022

Funds managed by Greenbriar Equity Group completed a majority recapitalization of RANDYS Worldwide Automotive, with existing investor Tailwind Capital and management reinvesting and Tailwind retaining an equity stake. The transaction will support RANDYS' accelerated growth plans—including new technology, expanded product development, and selective add-on acquisitions—while CEO Kevin Kaestner remains in place at the company's Everett, Washington headquarters.

Buyers
Greenbriar Equity Group, L.P., Tailwind Capital
Targets
RANDYS Worldwide Automotive
Sellers
Tailwind Capital, Existing shareholders (including management)
Industry
Automotive
Location
Washington, United States
Transaction Type
Recapitalization

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