RaceTec Pistons Joins the AFR, Scat and Procar by Scat Family of Companies - Engine Builder Magazine

RaceTec Pistons Joins the AFR, Scat and Procar by Scat Family of Companies

RaceTec Pistons was recently acquired by Taglich Private Equity, the firm that also owns AFR, Scat Crankshafts and Procar by Scat.

RaceTec Pistons was founded in 2007 by Wayne Brooks, who was completing his second venture into the piston manufacturing industry and the automotive aftermarket as he was a former owner of JE Pistons. Wayne was instrumental in helping that company grow into one of the industry’s leaders in forged pistons.

Today, RaceTec Pistons are designed and engineered by true piston experts who understand the intricate and complex automotive aftermarket industry and high-performance engine applications. RaceTec pistons are all designed and machined in-house, allowing for complete control over every step of the piston-making process.

RaceTec continues to evolve its manufacturing processes and offers industry-leading forged pistons for street and race enthusiasts alike. Jeremy Gillum, vice president of RaceTec Pistons, will remain involved in the business going forward, and RaceTec’s management team will remain in place along with its production facility and employees located at its headquarters in Huntington Beach, CA.

Financing for this transaction was arranged by Taglich Private Equity with equity provided by Taglich and Farraqut Capital Partners, who also provided subordinated debt. Byline Bank provided the senior debt financing. Dentons Durham Jones Pinegar acted as legal advisor and Moss Adams acted as due diligence advisor to Taglich.

“RaceTec Pistons has a fantastic brand, strong team and an impressive legacy, which we are fortunate to add to our company,” says Shawn Sterling, CEO. “I am thrilled about the opportunity to work with and learn from Jeremy and the rest of the team.”

“We continue to be very interested in exploring additional add-on acquisition opportunities in the high-performance automotive aftermarket to accelerate growth and build upon our product offerings,” says Will Morris, managing director, Taglich Private Equity.

You May Also Like

Four Pikes Peak Legends to Earn Hall of Fame Status

Ari Vatanen, Beck Bechtelheimer, Clint Vahsholtz and Ted Foltz will be inducted into the Pikes Peak Hill Climb Museum Hall of Fame on June 20th in Colorado Springs.

The Pikes Peak Hill Climb Museum Hall of Fame is pleased to announce four outstanding inductees for 2024, Ari Vatanen, Beck Bechtelheimer, Clint Vahsholtz and Ted Foltz. The Hall of Fame induction ceremony will take place on June 20th in Colorado Springs.

Founded in 1997, the PPIHC Hall of Fame is committed to honoring and preserving the achievements of individuals and/or organizations who have left an indelible mark on the Race to the Clouds – whether they are competitors, organizers, officials, members of the press or volunteers. Anyone who shares a passion for speed and competition, in addition to a great respect for Pikes Peak – America’s Mountain, and plays a role as an ambassador for this famous race is eligible for a Hall of Fame nomination. A new group of inductees is welcomed every other year.

Race Winning Brands Names VP of Transmission Business

Race Winning Brands (RWB), a manufacturer of high-performance components based in Mentor, OH, has appointed Craig Stark as vice president of the transmission business unit. Stark joins the RWB team effective immediately and has experience in spearheading growth in the automotive manufacturing, distribution, and service sectors, including time as vice president of aftermarket sales at

Liberty Media Acquires MotoGP

The sale is worth $4.5 billion, according to the series.

Porsche Motorsport to Launch USAC-Sanctioned Endurance Series

Each round will feature a category for the Porsche 911 GT3 Cup car and a class for the Porsche 718 Cayman GT4 RS Clubsport.

Moser Engineering Acquires GearFX From Holley

Moser Engineering, a provider of aftermarket driveline products, has acquired GearFX Driveline and its assets from Holley Performance Brands. GearFX assets and production will relocate to Moser Engineering’s facilities in Portland, IN. Related Articles – Fight Against ICE Bans Continue Amid New Emission Laws – McLaren Racing’s Zak Brown Signs Extended Contract – Formula 1

Other Posts

Summit Has RaceTec Pistons

With almost 1,300 configurations available, Summit Racing has the RaceTec Racing or AutoTec piston that fits your engine build.

NHRA Has a New Series – Pingel Top Fuel Motorcycle

Top Fuel Motorcycles will officially compete for championship points at four NHRA Mission Food National Events in 2024.

King Bearings Adds Two to its US Sales Team

King Bearings welcomes Steven Washington as director of aftermarket sales and Shane Turner as regional sales manager.

BendPak Founder Don Henthorn Has Passed Away

Henthorn grew BendPak from a small machine shop to a global leader in car lifts and garage equipment.