M&A Deal Summary

Covercraft Acquires GT Covers

On September 19, 2017, Covercraft acquired automotive company GT Covers

Acquisition Highlights
  • This is Covercraft’s 2nd transaction in the Automotive sector.
  • This is Covercraft’s 2nd transaction in the United States.
  • This is Covercraft’s 1st transaction in Colorado.

M&A Deal Summary
Date 2017-09-19
Target GT Covers
Sector Automotive
Buyer(s) Covercraft
Deal Type Add-on Acquisition

Target

GT Covers

Aurora, Colorado, United States
GT Covers is a manufacturer of premium-quality, USA-made custom-fit vehicle seat covers. GT Covers is based in Aurora, Colorado.

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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 2 of 4
Sector (Automotive) 2 of 3
Type (Add-on Acquisition) 2 of 4
State (Colorado) 1 of 1
Country (United States) 2 of 4
Year (2017) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-03 ADCO Products

Valencia, California, United States

ADCO Products, Inc. is a provider of custom-fit recreational vehicle covers and related protection accessories. The company also provides protective covers for the lawn & garden furniture channel.

Buy -
FOLLOWING 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.

Buy -
Mergr

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