M&A Deal Summary

Kian Capital Partners Acquires T Sportline

On June 17, 2021, private equity firm Kian Capital Partners acquired automotive company T Sportline

Acquisition Highlights
  • This is Kian Capital Partners’ 1st transaction in the Automotive sector.
  • This is Kian Capital Partners’ 22nd transaction in the United States.
  • This is Kian Capital Partners’ 2nd transaction in California.

M&A Deal Summary
Date 2021-06-17
Target T Sportline
Sector Automotive
Buyer(s) Kian Capital Partners
Deal Type Recapitalization

Target

T Sportline

Van Nuys, California, United States
T Sportline is a provider of premium-branded aftermarket parts and accessories designed specifically for Tesla vehicles. The Company has developed a full suite of custom wheels and interior and exterior accessories that inspire customers interested in upgrading their Model S, Model 3, Model X, Model Y and Roadster with modifications that not only enhance the look of their cars but also provide tangible performance gains.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Kian Capital Partners

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2011
PE ASSETS 825M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Kian Capital Partners is a private equity firm focused on providing equity and junior capital to support growth, buyouts, shareholder liquidity needs, recapitalizations, divestitures, and refinancings of profitable lower middle-market companies with up to $150 million in revenue. Kian will consider opportunities throughout the US and seeks businesses operating in the business services, distribution, healthcare services, and niche manufacturing sectors. Kian Capital Partners was formed in 2011 and is based in Charlotte, North Carolina.

DEAL STATS #
Overall 22 of 27
Sector (Automotive) 1 of 1
Type (Recapitalization) 8 of 8
State (California) 2 of 2
Country (United States) 22 of 27
Year (2021) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-04 Smart Choice

Greensboro, North Carolina, United States

Smart Choice is an insurance distribution company with a network of more than 4,000 independent agents and 80 insurance carriers with markets in nearly 40 states. Smart Choice was founded in 1997 and is based in Greensboro, North Carolina.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-17 SPATCO

Charlotte, North Carolina, United States

SPATCO is a distributor and service of liquid handling equipment to the petroleum and industrial market. SPATCO was founded in 1953 and is based in Charlotte, North Carolina.

Buy -
Mergr

Product

Company

Legal