M&A Deal Summary

Daystar Products International Acquires HCR Racing

On September 11, 2018, Daystar Products International acquired automotive company HCR Racing

Acquisition Highlights
  • This is Daystar Products International’s 2nd transaction in the Automotive sector.
  • This is Daystar Products International’s 2nd transaction in the United States.
  • This is Daystar Products International’s 1st transaction in Utah.

M&A Deal Summary

Date 2018-09-11
Target HCR Racing
Sector Automotive
Buyer(s) Daystar Products International
Deal Type Add-on Acquisition

Target

HCR Racing

Cedar City, Utah, United States
HCR Racing LLC develops, engineers and manufactures suspension and ride control products in the USA for popular UTV platforms, including Polaris®, Arctic Cat®, Can-Am®, Yamaha®, and Kawasaki® side-by-side vehicles. HCR’s race-winning suspension products feature proprietary, high-strength steel alloys, angled catacomb design, and are precision laser cut, fit together, and welded by hand. HCR Racing LLC was founded in 2009 and is based in Cedar City, Utah.

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Buyer(S) 1

Buyer

Daystar Products International

Phoenix, Arizona, United States

Category Company
Founded 1977
Sector Automotive
DESCRIPTION

Daystar Products International is an automotive performance aftermarket parts manufacturer of lift and leveling kits and component parts for off- and on-road trucks, Jeep®, and multi-purpose vehicles. Daystar Products International was founded in 1977 and is based in Phoenix, Arizona.


DEAL STATS #
Overall 2 of 5
Sector: Automotive M&A 2 of 5
Type: Add-on Acquisition M&A Deals 2 of 5
State: Utah M&A 1 of 3
Country: United States M&A 2 of 5
Year: 2018 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-02 BumperSuperstore.com

Montrose, Colorado, United States

BumperSuperstore.com offers a wide selection of aftermarket bumpers from over two dozen manufacturers for most models of trucks and Jeeps. In addition, an extensive catalog of winches, grill guards, fog lights and light bars, running boards, and tonneau covers are offered on BumperSuperstore.com.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-01 Tuff Country

West Jordan, Utah, United States

Tuff Country, Inc. is a provider of suspension lift kits, leveling kits, and suspension components to the automotive industry. Tuff Country is based in West Jordan, Utah.

Buy -