M&A Deal Summary

Racing & Performance Acquires Procar

On December 20, 2021, Racing & Performance acquired automotive company Procar

Acquisition Highlights
  • This is Racing & Performance’s 3rd transaction in the Automotive sector.
  • This is Racing & Performance’s 3rd transaction in the United States.
  • This is Racing & Performance’s 3rd transaction in California.

M&A Deal Summary

Date 2021-12-20
Target Procar
Sector Automotive
Buyer(s) Racing & Performance
Deal Type Add-on Acquisition

Target

Procar

Oxnard, California, United States
Procar is a designer and provider of aftermarket seats and brackets. Procar is based in Oxnard, California.

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Buyer(S) 1

Buyer

Racing & Performance

Valencia, California, United States

Category Company
Founded 2021
Sector Automotive
DESCRIPTION

Racing & Performance is a consolidation of high-performance automotive aftermarket parts businesses. Racing & Performance was formed in 2021 and is based in Valencia, California.


DEAL STATS #
Overall 3 of 5
Sector: Automotive M&A 3 of 5
Type: Add-on Acquisition M&A Deals 3 of 5
State: California M&A 3 of 4
Country: United States M&A 3 of 5
Year: 2021 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-01 SCAT Enterprises

Oxnard, California, United States

SCAT Enterprises is a manufacturer of crankshafts, connecting rods and rotating assemblies. SCAT Enterprises is based in Oxnard, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-04 Andrews Products

Mount Prospect, Illinois, United States

Andrews Products is a designer and manufacturer of camshafts, transmissions and transmission gears and related products for the performance motorsport industry. Andrews Products was founded in 1972 and is based in Mount Prospect, Illinois.

Buy -