Wheel Pros (Clearlake-backed) Acquires Driven Lighting Group from Kian Capital
August 25, 2021
Clearlake Capital-backed Wheel Pros has acquired Driven Lighting Group (DLG), an Atlanta-based designer and online retailer of aftermarket automotive lighting products, from Kian Capital Partners. Terms were not disclosed; Wheel Pros said the acquisition expands its enthusiast aftermarket lighting portfolio and will leverage Wheel Pros' scale and operations to accelerate DLG's growth.
- Buyers
- Wheel Pros, Clearlake Capital Group
- Targets
- Driven Lighting Group
- Sellers
- Kian Capital Partners
- Platforms
- Wheel Pros
- Industry
- Automotive
- Location
- Georgia, United States
- Transaction Type
- Addon
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Clearlake-backed Wheel Pros Acquires throtl
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Wheel Pros (Clearlake-backed) Acquires TSW Alloy Wheels
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Clearlake-backed Wheel Pros Acquires TeraFlex
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Wheel Pros (Clearlake-backed) Acquires Performance Replicas
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Clearlake-backed Wheel Pros Acquires Borbet Auburn Manufacturing Facility
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Wheel Pros, a Clearlake-backed designer and distributor of automotive aftermarket wheels, has acquired the assets of the Borbet manufacturing facility in Auburn, Alabama. The acquisition converts the plant to aftermarket cast wheel production, expands Wheel Pros' domestic manufacturing footprint alongside its York, South Carolina facility, and is expected to create over 300 full-time jobs while helping reach a run-rate of ~1.5 million wheels annually across the company's U.S. operations.
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