Acquisition Archives - Engine Builder Magazine
Cloyes to Acquire ATI

Cloyes has announced the acquisition of ATI, a leading front-end accessory drive pulley and tensioner supplier.

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. “We are thrilled to welcome the GearFX line of products into the Moser Engineering family. Our goal is to continually expand and improve

Melling Engine Parts Acquires QualCast

Melling Engine Parts has announced the acquisition of QualCast, a manufacturer and supplier of valvetrain automotive parts based in Nashville, TN. Qualcast offers all facets of valvetrain applications including heavy-duty, industrial, light and medium-duty, marine and performance.   “QualCast will strengthen Melling’s valvetrain business and allow us to expand into market segments we do not have

Standard Drivetrain Acquires Precision Industries

Standard Drivetrain has acquired Precision Industries, a torque converter supplier based in Whiteville, TN. Founded by Terry Hedrick, Precision Industries is recognized for developing a multi-clutch performance torque converter and a one-piece billet back cover and offers a full lineup of driveline products. Standard Drivetrain, incorporated in Wilmington, DE, is led by Rob Boninfante and

Velocity Capital Management Acquires Parella Motorsports Holdings

Velocity Capital Management, a New York-based private equity firm specializing in sports, media and entertainment, has acquired Parella Motorsports Holdings, the owner and operator of the SpeedTour event series. “I’ve been seeking the right partner to help me realize my vision for Parella Motorsports Holdings and I am thrilled to be collaborating with the Velocity

Turn 14 Distribution Purchases Tucker Powersports

Turn 14 Distribution, a performance parts distribution company, has purchased Tucker Powersports, a 56-year-old leader in powersports distribution. The company, founded by Ed Tucker, is headquartered in Fort Worth, Texas and operates in Florida, Pennsylvania, Illinois, and California. Turn 14 Distribution will acquire its inventory, intellectual property and private label brands, which include well-known marques such

Taglich Private Equity Acquires Vortech Superchargers

Taglich Private Equity, the group that owns Air Flow Research, Scat Crankshafts, RaceTec Pistons and Procar seating, has announced the acquisition of Vortech Superchargers and Paxton Automotive. This new partnership opens opportunities to better serve customers by combining decades of experience in manufacturing and supplying high-quality, high-performance products. Utilizing cutting edge technology for over 30

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

IMG Acquires Majority Stake in Barrett-Jackson

MG, an Endeavor company and global leader in events, media, sports and fashion, has acquired a majority stake in Barrett-Jackson, the premier collector car auction and live events company. IMG, which owns, operates and commercially represents hundreds of events around the world, including Frieze art fairs, the Madrid and Miami Open tennis tournaments, Formula Drift,

Summit Racing Equipment Acquires Nickels Performance

Transtar Holding Company has announced the sale of its Nickels Performance business based in Kansas City, Missouri, to Summit Racing Equipment, headquartered in Tallmadge, Ohio.  Nickels Performance is a wholesale distributor of high-performance racing parts, and Summit Racing Equipment is a global retailer of performance and replacement automotive parts and accessories.  Nickels Performance will continue

Bosch Plans Acquisition of the MoTec Group

Bosch Engineering GmbH—the manufacturer of electronics for automotive and more applications based in Abstatt, Germany—has announced plans to acquire MoTeC Group, headquartered in Melbourne, Australia.  Following approval, MoTeC will become an integral part of Bosch Motorsport, a business unit of Bosch Engineering GmbH, but will continue to operate as a separate entity under its own

Melling Acquires Sigma Engineering

Melling Engine Parts acquires Sigma Engineering, a developer and manufacturer of rocker arms and shafts.