Wheel Pros to Acquire Transamerican Auto Parts from Polaris.
MANews-(C)2009-2022
US-based aftermarket vehicle enhancements maker Wheel Pros, in partnership with management, has entered into a definitive agreement to acquire US-based powersports specialist Transamerican Auto Parts from US-based powersports manufacturer Polaris Inc. (NYSE: PII), the company said.
TAP is a vertically integrated manufacturer, distributor, retailer and installer of off-road Jeep and light truck parts and accessories.
In 2021, TAP generated nearly USD 760m in revenue.
Headquartered in Compton, California, TAP sells and installs a line of parts and accessories for Jeep and truck enthusiasts, including products manufactured under its six proprietary aftermarket brands.
The company has a growing online presence via 4WheelParts.com and 4WD.com, and TAP's integrated platform enables buy online, pick-up, and install in store.
The transaction is expected to close early in the third quarter, subject to customary closing conditions. Baird acted as financial advisor to Polaris in...
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