M&A Deal Summary

Drake Automotive Group Acquires Addictive Desert Designs

On December 18, 2018, Drake Automotive Group acquired automotive company Addictive Desert Designs

Acquisition Highlights
  • This is Drake Automotive Group’s 4th transaction in the Automotive sector.
  • This is Drake Automotive Group’s 4th transaction in the United States.
  • This is Drake Automotive Group’s 1st transaction in Arizona.

M&A Deal Summary

Date 2018-12-18
Target Addictive Desert Designs
Sector Automotive
Buyer(s) Drake Automotive Group
Deal Type Add-on Acquisition

Target

Addictive Desert Designs

Mesa, Arizona, United States
Addictive Desert Designs is a designer, manufacturer, and distributor of the truck, SUV, and Jeep accessories for the off-road aftermarket. ADD was founded by Jared Hare in 2007 with the desire to push the limits of design, a passion for customizing vehicles and a love for the desert. ADD currently makes off-road bumpers and other accessories for a wide range of truck models including those produced by Chevrolet, Ford, Jeep, Nissan, Ram and Toyota. Addictive Desert Designs was founded in 2007 and is based in Mesa, Arizona.

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Buyer(S) 1

Buyer

Drake Automotive Group

Henderson, Nevada, United States

Category Company
Founded 2005
Sector Automotive
DESCRIPTION

Drake Automotive Group is a manufacturer and marketer of auto parts and components in Nevada. Drake Automotive Group was founded in 2005 and is based in Henderson, Nevada.


DEAL STATS #
Overall 4 of 4
Sector: Automotive M&A 4 of 4
Type: Add-on Acquisition M&A Deals 4 of 4
State: Arizona M&A 1 of 1
Country: United States M&A 4 of 4
Year: 2018 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-06-19 DV8 Offroad

Riverside, California, United States

DV8 Offroad is a designer and distributor of off-road accessories and wheels. DV8 has provided consumers and specialty retailers in the off-road, modern muscle and classic vehicle markets with high-quality wheels and accessories, including bumpers, hard tops, fenders and hoods.

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