Classic Industries Acquires Parts Unlimited Interiors

PAI Partners to Acquire Pasubio from CVC Capital Partners

June 23, 2021

Manufacturing

PAI Partners has agreed to acquire Pasubio, a Vicenza-based specialist in premium automotive leather, from CVC Capital Partners VI. Pasubio employs around 1,000 people, operates six facilities across Europe and North America, and supplies premium OEMs; PAI plans to support further consolidation of the fragmented automotive leather market and diversify Pasubio's interior-materials offering. The deal is expected to close in October 2021 and financial terms were not disclosed.

CarUX (Innolux) Acquires Pioneer Corporation from EQT for USD 1.1 billion

June 26, 2025

Automotive

EQT agreed to sell Pioneer Corporation, a Japanese leader in in‑car sound, navigation and automotive multimedia systems, to CarUX (a smart‑cockpit subsidiary of Innolux Corporation) for USD 1.1 billion. The deal, expected to close in Q4 2025, pairs Pioneer's hardware, manufacturing and growing software capabilities with CarUX/Innolux's smart‑cockpit and panel expertise to drive product and geographic expansion.

Extra Mile Brands Acquires Mustangs Unlimited

October 14, 2020

Automotive

CID Capital portfolio company Extra Mile Brands has acquired the assets of Mustangs Unlimited, a Mustang parts distributor founded in 1976 by Chris Hoverman. Mustangs Unlimited's operations have been relocated to Reedsville, Pennsylvania, and Extra Mile Brands said it will continue the company's product quality and service while integrating the business into its aftermarket parts platform.

Maupin Metal Acquires Brunner's Trim and Glass

August 23, 2022

Automotive

Maupin Metal, a Dallas-based custom car restoration shop founded by Brian Maupin, has acquired Brunner's Trim and Glass, a nearly 50-year-old Dallas automotive trim and glass business. The purchase expands Maupin Metal's in-house capabilities (glass, upholstery and convertible-top work), increases shop capacity with a new 15-bay garage on Garland Road, and retains Brunner's staff as the founders retire.

WAI Global Acquires ACI Automotive from Standard Motor Products

January 31, 2025

Automotive

WAI Global has acquired ACI Automotive, a supplier of washer pumps, window regulators and door components, from Standard Motor Products, Inc. The deal expands WAI Global’s aftermarket product portfolio and leverages its global distribution network to broaden ACI’s customer reach while ensuring a seamless transition for customers and employees.

Capital Partners Acquires Majority Stake in Universal Woods

March 15, 2019

Building Products

Capital Partners Private Equity Income Fund III, LP completed a majority-equity investment in Universal Woods on March 15, 2019, partnering with CEO and long-time shareholder Paul Neumann and management. The investment will provide Universal Woods — a Louisville-based manufacturer of hard-surface coated substrates for image sublimation and mezzanine decking — with additional resources to support growth, new product development and hiring; debt financing was provided by PNC.