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 TeraFlex
April 1, 2022
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Wheel Pros, a designer and distributor of aftermarket vehicle enhancements backed by Clearlake Capital, has acquired TeraFlex, a Utah-based manufacturer and distributor of aftermarket suspensions, shocks and related components. The founders of TeraFlex will remain with the business; financial terms were not disclosed. The acquisition expands Wheel Pros' suspension and performance shock product offerings and broadens the combined company's distribution footprint.
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Clearlake-Backed Wheel Pros Merges with Hoonigan
September 2, 2021
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Wheel Pros, a Clearlake Capital-backed designer and distributor of aftermarket vehicle enhancements, has merged with automotive lifestyle brand Hoonigan to create a combined digital platform for automotive enthusiasts. The combination aims to expand digital media, ecommerce and branded merchandise capabilities while leveraging Wheel Pros' product and distribution network to scale the Hoonigan brand globally.
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Clearlake-backed Wheel Pros Acquires throtl
January 6, 2021
Automotive
Clearlake Capital-backed Wheel Pros has acquired throtl, an e-commerce and digital media marketplace for automotive and off-roading enthusiasts. The acquisition strengthens Wheel Pros' digital, direct-to-consumer and content-driven commerce capabilities; throtl's founding team will remain with the combined company.
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Wheel Pros (Clearlake-backed) Acquires TSW Alloy Wheels
December 22, 2020
Automotive
Wheel Pros, the Clearlake Capital-backed designer, manufacturer and distributor of aftermarket wheels and accessories, acquired Just Wheels & Tires Co., Inc. d/b/a TSW to broaden its luxury and off‑road product offerings. Financial terms were not disclosed; TSW (founded 1991) serves over 5,800 dealers through eight distribution centers.
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Wheel Pros (Clearlake-backed) Acquires Performance Replicas
November 9, 2020
Automotive
Clearlake Capital-backed Wheel Pros has acquired the assets of Performance Replicas, Inc., a distributor of factory reproduction wheels. The add-on acquisition expands Wheel Pros' product offering and leverages its global distribution network to grow Performance Replicas' reach; financial terms were not disclosed.
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Clearlake-backed Wheel Pros Acquires Borbet Auburn Manufacturing Facility
August 24, 2020
Manufacturing
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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