Race Winning Brands Acquires RevMax, TransGo and Transmission Specialties (TSI)

CenterGate Capital Invests in TransGo

January 16, 2024

Automotive

CenterGate Capital's affiliate has made an investment in TransGo, LLC, a long-established designer and manufacturer of aftermarket automatic transmission valve body repair kits, headquartered in El Monte, California. The transaction will provide TransGo with capital and strategic resources to accelerate growth, increase speed to market and expand vehicle coverage while management, led by President John Landry, remains in place.

MiddleGround Capital / Race Winning Brands Acquires TMG Performance Products

June 30, 2022

Automotive

MiddleGround Capital, via its platform Race Winning Brands (RWB), acquired TMG Performance Products, a designer, manufacturer and distributor of branded performance exhaust and air intake systems for automotive and marine enthusiasts. The transaction is RWB's fourth add-on since MiddleGround acquired the platform in December 2021 and expands RWB's portfolio in the premium aftermarket exhaust and air-flow category.

Hidden Harbor Forms Burnout Brands; Acquires Monster Transmission and Thor Convertors

May 26, 2022

Automotive

Hidden Harbor Capital Partners (via newly formed platform Burnout Brands) has completed the acquisition of Monster Transmission LLC and Thor Convertors LLC, aftermarket automotive remanufacturers and distributors based in Brooksville, Florida. The transaction positions Burnout Brands as a platform for scaling performance auto aftermarket businesses; existing owners of Monster Transmission will retain an ownership stake and management will continue to run day-to-day operations.

Race Winning Brands (MiddleGround Capital) Acquires TPT Solutions

April 21, 2022

Automotive

Race Winning Brands, a platform company backed by MiddleGround Capital, has acquired TPT Solutions, the owner of TransGo, RevMax and Transmission Specialties. The transaction is an add-on to the Race Winning Brands platform and expands the platform's transmission-focused aftermarket product capabilities; terms were not disclosed. Prestwick served as exclusive advisor to TPT Solutions and its sponsor Five Points Capital.

Race Winning Brands (Kinderhook) Acquires Victory 1 Performance

May 21, 2021

Automotive

Race Winning Brands, a portfolio company of Kinderhook Industries, has acquired Victory 1 Performance, a Mooresville, North Carolina-based manufacturer of high-performance forged titanium and alloy engine valves. The add-on deal (eighth for Race Winning Brands) expands RWB's valvetrain and high-performance component offerings; financial terms were not disclosed.

Five Points Capital Recapitalizes TransGo

April 3, 2017

Automotive

Five Points Capital completed a recapitalization of TransGo, a Los Angeles–area specialty manufacturer of automotive transmission valve body parts, with Cascadia Capital acting as exclusive financial advisor to TransGo. A significant portion of the proceeds were distributed to selected charities and existing employees to honor the philanthropic legacy of TransGo’s late founder, Dr. Gilbert W. Younger.