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.
RWB Acquires Haltech Engine Management Systems
Race Winning Brands, Inc. has announced another milestone in the expansion of their performance product offerings with the acquisition of Haltech Engine Management Systems (Haltech). Following the recent performance transmission ventures, this acquisition represents the thirteenth add-on for Race Winning Brands. Headquartered in the Sydney, Australia, Haltech specializes in electronic engine management systems for performance
Kenny Koretsky and Family Purchase Maple Grove Raceway (PA)
Veteran NHRA racer Kenny Koretsky and his family, including his sons Kenny Jr. and current Pro Stock driver Kyle, have purchased Maple Grove Raceway, located near Reading, Pennsylvania. The track has hosted NHRA Camping World Drag Racing Series events for nearly four decades and will host the opener to the NHRA Countdown to the Championship, the
Melling Engine Parts Acquires Casalandra Metal Stamping
Melling Engine Parts has announced its acquisition of Casalandra Metal Stamping, a manufacturer of expansion plugs based in New Castle, PA. “Casalandra has been a key vendor to Melling for years and we were excited when the opportunity presented itself,” commented CEO Mark Melling. “We are committed to becoming basic in more product lines and
Race Winning Brands Shifts into Transmission Performance
Race Winning Brands, Inc. is excited to announce the next evolution of their performance product offerings with the acquisition of RevMax, TransGo, and Transmission Specialties, Inc. (TSI). This trio of acquisitions represent the tenth, eleventh, and twelfth add-ons for Race Winning Brands. Headquartered in the performance and racing focused community of Charlotte, NC, RevMax specializes
Race Winning Brands Acquires PAC Racing Springs
Race Winning Brands, Inc. (“RWB”), a portfolio company of MiddleGround Capital, has announced the acquisition of PAC Racing Springs (“PAC”), a leading manufacturer of high-performance valve springs serving the automotive and powersports performance and racing aftermarket. PAC represents the ninth add-on acquisition for Race Winning Brands. PAC is headquartered and operates out of an industry-leading
JEGS Acquired by Private Equity Firm
Greenbriar Equity Group, a middle-market private equity firm, has acquired a majority position in JEGS Automotive, the national retailer and distributor of high-performance aftermarket auto parts and accessories based in Delaware, Ohio. JEGS, founded in 1960 by The Coughlin Family, offers more than two million product SKUs from over 800 vendors through its website and