M&A Deal Summary

Extra Mile Brands Acquires Corvette America

On February 7, 2019, Extra Mile Brands acquired automotive company Corvette America from Restoration Parts Unlimited

Acquisition Highlights
  • This is Extra Mile Brands’ 1st transaction in the Automotive sector.
  • This is Extra Mile Brands’ 1st transaction in the United States.
  • This is Extra Mile Brands’ 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2019-02-07
Target Corvette America
Sector Automotive
Buyer(s) Extra Mile Brands
Sellers(s) Restoration Parts Unlimited
Deal Type Divestiture

Target

Corvette America

Reedsville, Pennsylvania, United States
Corvette America is a manufacturer of automotive parts and accessories in the US. Corvette America was founded in 1977 and is based in Reedsville, Pennsylvania.

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Buyer(S) 1

Buyer

Extra Mile Brands

Reedsville, Pennsylvania, United States

Category Company
Sector Automotive
DESCRIPTION

Extra Mile Brands is a manufacturer, distributor, and e-tailer of aftermarket restoration and performance products for Chevrolet Corvettes and Ford Mustangs. Extra Mile Brands is based in Reedsville, Pennsylvania.


DEAL STATS #
Overall 1 of 2
Sector (Automotive) 1 of 2
Type (Divestiture) 1 of 1
State (Pennsylvania) 1 of 1
Country (United States) 1 of 2
Year (2019) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-14 Mustangs Unlimited

Manchester, Connecticut, United States

Mustangs Unlimited is a distributor of a wide variety of 1965-present day Mustang parts. Mustangs Unlimited was founded in 1976 by Chris Hoverman and is based in Manchester, Connecticut.

Buy -

Seller(S) 1

SELLER

Restoration Parts Unlimited

Lebanon, Ohio, United States

Category Company
Sector Automotive
DESCRIPTION

Restoration Parts Unlimited is a manufacturer and distributor of classic automotive restoration parts and accessories, including custom molded carpet, emblems, lenses, trim, door handles, and sill plates. Restoration Parts Unlimited is based in Lebanon, Ohio.


DEAL STATS #
Overall 1 of 2
Sector (Automotive) 1 of 2
Type (Divestiture) 1 of 2
State (Pennsylvania) 1 of 1
Country (United States) 1 of 2
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-02 Corvette America

Reedsville, Pennsylvania, United States

Corvette America is a manufacturer of automotive parts and accessories in the US. Corvette America was founded in 1977 and is based in Reedsville, Pennsylvania.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-01 Parts Unlimited Interiors

La Grange, Kentucky, United States

Parts Unlimited Interiors is a manufacturer of aftermarket automotive interior soft goods. Parts Unlimited Interiors is based in La Grange, Kentucky.

Sell -