Add-on Acquisition • E-Commerce

Nivel Parts & Manufacturing Acquires Performance Plus Carts

On June 2, 2021, Nivel Parts & Manufacturing acquired e-commerce company Performance Plus Carts

Acquisition Context
  • This is Nivel Parts & Manufacturing’s 1st transaction in the E-Commerce sector.
  • This is Nivel Parts & Manufacturing’s 6th transaction in the United States.
  • This is Nivel Parts & Manufacturing’s 1st transaction in Florida.

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M&A Deal Summary

Date June 2, 2021
Target Performance Plus Carts
Sector E-Commerce
Buyer(s) Nivel Parts & Manufacturing
Deal Type Add-on Acquisition

Target Company

Performance Plus Carts

Auburndale, Florida, United States
Performance Plus Carts an operator of an e-commerce platform offers customers a seamless digital experience when searching online for PTV parts and accessories. Performance Plus Carts was founded in 2010 and is based in Auburndale, Florida.
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Buyer Overview 1

Buyer

Nivel Parts & Manufacturing

Jacksonville, Florida, United States

Category Company
Founded 1968
Sector Automotive
DESCRIPTION

Nivel Parts & Manufacturing is an independent manufacturer and distributor of aftermarket golf car replacement parts and accessories. Nivel Parts & Manufacturing was founded in 1968 and is based in Jacksonville, Florida.


Deal Context for Buyer #
Overall 6 of 9
Sector: E-Commerce 1 of 1
Type: Add-on Acquisition 6 of 9
State: Florida 1 of 2
Country: United States 6 of 9
Year: 2021 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-19 High Lifter Products

Shreveport, Louisiana, United States

High Lifter Products, Inc. is an ATV/UTV performance accessory manufacturer and pioneer in the ATV/UTV off-road market. Business operations are carried out at our 52,000 square foot. This building includes a retail showroom, a manufacturing, and fabrication facility, a performance shop, executive offices, and is surrounded by 3 large warehouses. High Lifter Products was founded in 1996 and is based in Shreveport, Louisiana.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-17 Snorkel Your ATV

Waxahachie, Texas, United States

Snorkel Your ATV is a manufacturer that engineers, fabricates, and directly sells 160+ proprietary accessories for most all-terrain vehicles (ATVs) and utility-terrain vehicles (UTV's). The primary products are snorkel kits allowing the ATV/UTV to operate with its engine underwater. Snorkel Your ATV was founded in 2008 and is based in Waxahachie, Texas.

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