Holley Going Public Following Merger - Engine Builder Magazine

Holley Going Public Following Merger

Holley will become a public company as part of a definitive merger agreement with Empower Ltd., a publicly-traded special purpose acquisition company. As a result of the agreement, Holley will become a publicly listed company on the New York Stock Exchange (NYSE) under the new ticker symbol “HLLY.”

Holley President and CEO Tom Tomlinson and the current management team will continue to lead the combined company. Empower’s management team is led by CEO Matt Rubel and President Graham Clempson. Rubel is expected to serve as Chairman of the Board of Directors. Holley is controlled by Sentinel Capital Partners, L.L.C., a mid-market private equity firm that will remain Holley’s largest shareholder upon closing.

“Holley was built by automotive enthusiasts for automotive enthusiasts, a passionate and active market that spends on the products that they love. Today’s announcement marks the beginning of the next chapter of Holley’s journey to fuel our customers’ automotive passion,” Tomlinson said in a statement.

Founded in 1903, Holley is the designer, marketer and manufacturer of high-performance automotive aftermarket products, featuring a large portfolio of iconic brands serving car and truck enthusiasts. Holley’s brands cover electronic fuel injection (Holley EFI), electronic tuning (APR, DiabloSport, Edge, and Superchips), electronic ignition (MSD and ACCEL), carburetion (Holley), exhaust (Flowmaster and Hooker), safety (Simpson and Stilo), among other product categories. 

For more information: holley.com.

You May Also Like

2025 Daytona 500 Logo Unveiled

Logo pays tribute to iconic Harley J. Earl trophy presented to winner of The Great American Race.

Daytona International Speedway has unveiled the 2025 Daytona 500 logo, paying tribute to the design roots of speed as it features the iconic Harley J. Earl Trophy front and center. Variations of Harley J. Earl awards were presented to Daytona 500 champions for decades. But, it wasn’t until 1998 that the modern Harley J. Earl Trophy featuring Earl’s Firebird I concept automobile, hand-sculpted by artist John Lajba, atop a black trioval base, was presented in Victory Lane.

SEMA Names Ryan Stutzman as New CFO

Stutzman replaces current Vice President and CFO George Afremow, who will retire in June after 12 years with SEMA.

Liqui Moly Sponsors World’s Largest Porsche 356 Gathering

Promoted annually with the seal of Porsche AG and the Official Porsche Club, the International Porsche 356 Meeting takes place on a rotating basis in several countries.

Sick Week Wins USA Today’s Readers’ Choice for Best Motorsports Race

The week-long event held throughout Florida, plays host to over 350 street cars.

NHRA Names New South Central Division Director

Johnson will oversee NHRA member tracks in Texas, Oklahoma, New Mexico, Louisiana, Arkansas and Mississippi.

Other Posts

McLaren Racing’s Zak Brown to Receive IMRRC’s Cameron R. Argetsinger Award

Zak Brown, CEO of McLaren Racing, will receive the 10th annual IMRRC Cameron R. Argetsinger Award at a gala presented by Sahlen’s, NASCAR, Watkins Glen International and IMSA, on Thursday, September 12, 2024. The dinner and presentation will be held prior to the running of the NASCAR Go Bowling at The Glen event, September 11-15,

Schaeffler to Support Automotive Transmission Service Group Education

Schaeffler to provide ATSG members with ongoing education and technical resources.

Bryan LaFlam Secures Ownership Stake in BigStuff Total Power Management

LaFlam will work alongside Ben Davidow, who acquired the company in 2021, as co-owner and director of operations.

Mazak to Unveil New and Expanded Product at IMTS 2024

Mazak’s booth will feature a wide range of machines from its Ez, SYNCREX, QUICK TURN, NEO and INTEGREX series this year at IMTS.