M&A Deal Summary

Bestop Acquires Softopper

On June 4, 2019, Bestop acquired automotive company Softopper

Acquisition Highlights
  • This is Bestop’s 4th transaction in the Automotive sector.
  • This is Bestop’s 5th transaction in the United States.
  • This is Bestop’s 2nd transaction in Colorado.

M&A Deal Summary

Date 2019-06-04
Target Softopper
Sector Automotive
Buyer(s) Bestop
Deal Type Add-on Acquisition

Target

Softopper

Boulder, Colorado, United States
Softopper LLC is a designer, manufacturer, and distributor of convertible soft tops for light-duty pickup trucks and SUV’s. Softopper’s spotlight product is the folding truck cap made from heavy-duty sailcloth which is ideal for replacing heavy, fiberglass or caps. Softopper LLC was founded in 2000 and is based in Boulder, Colorado.

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Buyer(S) 1

Buyer

Bestop

Louisville, Colorado, United States

Category Company
Founded 1954
Sector Automotive
DESCRIPTION

Bestop is a manufacturer of soft tops and fabric accessories for Jeep vehicles and the sole supplier of OEM soft tops for Jeep Wranglers. Bestop has been a premier brand in the Jeep and 4x4 industry for over 60 years, producing a large variety of accessories including soft tops, doors and windows, powerboards, seats, storage and racks, bumpers, floor liners, tonneau covers and bed covers that are sold through both OE and aftermarket channels. Bestop was founded in 1954 and is based in Louisville, Colorado.


DEAL STATS #
Overall 5 of 8
Sector (Automotive) 4 of 7
Type (Add-on Acquisition) 5 of 8
State (Colorado) 2 of 2
Country (United States) 5 of 8
Year (2019) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-21 BullRing

Boerne, Texas, United States

BullRing is a designer, manufacturer, and distributor of patented, BullRing branded, tie-down anchors and ratchet straps for light-duty pickup trucks. BullRing provides the best-selling and strongest tie-down anchor to the light-duty pickup truck market. BullRing’s installations are unique in that they require no drilling to anchor to the truck. Upon acquisition, BullRing’s operations will be overseen by PRP Seat’s CEO, Aaron Wedeking. PRP Seats is the manufacturer of SpeedStrap, the innovative weavable recovery straps, plus premium tie-downs and accessories for Jeeps, trucks and UTV’s.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-03 MGP Caliper Covers

Chula Vista, California, United States

MGP Caliper Covers is a manufacturer of high-performance, easy-to-install brake caliper covers for automotive enthusiasts. MGP has secured licenses with top brands in the industry including Ford, MOPAR, GM, Honda, and Acura. MGP Caliper Covers is based in Chula Vista, California.

Buy -