M&A Deal Summary

Wheel Pros Acquires Driven Lighting Group

On August 25, 2021, Wheel Pros acquired automotive company Driven Lighting Group from Kian Capital Partners

Acquisition Highlights
  • This is Wheel Pros’ 9th transaction in the Automotive sector.
  • This is Wheel Pros’ 8th transaction in the United States.
  • This is Wheel Pros’ 1st transaction in Georgia.

M&A Deal Summary
Date 2021-08-25
Target Driven Lighting Group
Sector Automotive
Buyer(s) Wheel Pros
Sellers(s) Kian Capital Partners
Deal Type Add-on Acquisition

Target

Driven Lighting Group

Atlanta, Georgia, United States
Driven Lighting Group is a designer, marketer, influencer, and online retailer of aftermarket enthusiasts automotive lighting products. DLG's portfolio of premium brands covers all lighting categories including complete assemblies, bulbs, offroad lighting, and accent lighting. The extensive product offerings serve a diverse customer base, all of which is fueled by its sophisticated digital marketing and white glove customer service. Driven Lighting Group was founded in 2005 and is based in Atlanta, Georgia.

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Buyer(S) 1

Buyer

Wheel Pros

Greenwood Village, Colorado, United States
Category Company
Founded 1995
Sector Automotive
DESCRIPTION

Wheel Pros is a designer, marketer, and distributor of branded automotive aftermarket wheels, performance tires, and accessories. Wheel Pros was founded in 1995 and is based in Greenwood Village, Colorado.

DEAL STATS #
Overall 9 of 13
Sector (Automotive) 9 of 13
Type (Add-on Acquisition) 8 of 11
State (Georgia) 1 of 1
Country (United States) 8 of 12
Year (2021) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-22 TSW Alloy Wheels

Brea, California, United States

TSW Alloy Wheels is a manufacturer of high-end luxury wheels for the automotive aftermarket. TSW develops highly technical products with a heavy design component, producing aftermarket wheels for automotive enthusiasts who customize their cars. TSW Alloy Wheels was founded in 1991 and is based in Brea, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-02 Hoonigan

Long Beach, California, United States

Hoonigan is a next-generation automotive enthusiast brand. Hoonigan has built a large community of passionate motorsport fans through its original content that it develops, distributes, and produces via a variety of media platforms. Hoonigan also sells a range of merchandise and performance automotive products direct to consumers. Hoonigan was founded in 2010 and is headquartered in Long Beach, California.

Buy -

Seller(S) 1

SELLER

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 6 of 11
Sector (Automotive) 1 of 1
Type (Add-on Acquisition) 1 of 4
State (Georgia) 2 of 2
Country (United States) 6 of 11
Year (2021) 2 of 4
PREVIOUS 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 -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-09 Specialized Dental Partners

Franklin, Tennessee, United States

Specialized Dental Partners is a doctor-led, doctor-driven specialty services partnership for endodontists a collaboration of endodontic specialists and business experts working together to pursue excellence and growth in patient care and business. Specialized Dental Partners was established in 2018 and is based in Franklin, Tennessee.

Sell -
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