M&A Deal Summary

Covercraft Acquires Carver Industries

On October 26, 2018, Covercraft acquired marine company Carver Industries

Acquisition Highlights
  • This is Covercraft’s 1st transaction in the Marine sector.
  • This is Covercraft’s 4th transaction in the United States.
  • This is Covercraft’s 1st transaction in South Carolina.

M&A Deal Summary

Date 2018-10-26
Target Carver Industries
Sector Marine
Buyer(s) Covercraft
Deal Type Add-on Acquisition

Target

Carver Industries

Landrum, South Carolina, United States
Carver Industries, Inc. is a manufacturer of of boat covers, bimini tops, canoe and kayak covers as well as various ATV and UTV covers. Carver Industries was founded in 1991 and is based in Landrum, South Carolina.

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Buyer(S) 1

Buyer

Covercraft

Pauls Valley, Oklahoma, United States

Category Company
Founded 1965
Sector Automotive
DESCRIPTION

Covercraft is a manufacturer of custom-patterned vehicle covers, with a library that includes more than 80,000 distinct automotive patterns. Additional product lines include custom front and rear seat protectors, front-end masks, dashboard covers, floor mats, window heat shields, and pet protection products, among others. Covercraft was founded in 1965 and is based in Pauls Valley, Oklahoma.


DEAL STATS #
Overall 4 of 4
Sector (Marine) 1 of 1
Type (Add-on Acquisition) 4 of 4
State (South Carolina) 1 of 1
Country (United States) 4 of 4
Year (2018) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-01 Marathon Seat Covers

Bozeman, Montana, United States

Marathon Seat Covers is a manufacturer of custom-fit seat covers for the automotive industry. Marathon Seat Covers was founded in 1978 and is based in Bozeman, Montana.

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