First Brands Group, LLC
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First Brands Group, LLC - overview
Established
1917
Location
Rochester Hills, MI, US
Primary Industry
Automobiles, Other Vehicles & Parts
About
Founded in 1917 and based in Michigan, US, First Brands Group, LLC, fka Trico Group is a global automotive parts manufacturer specializing in aftermarket solutions. In September 2025, First Brands Group, LLC filed for Chapter 11 bankruptcy protection, and in the same month, a consortium comprising of Beach Point Capital Management, Diameter Capital Partners, Redwood Capital Management and UBS Asset Management - Real Estate and Private Markets provided USD 1. 1 billion in Debtor-in-Possession financing to First Brands Group, LLC. The company offers a broad range of automotive aftermarket products and services through its portfolio of brands.
These include Raybestos® for brake components, FRAM® for filtration products such as oil, air, and cabin filters, TRICO® for wiper blades including beam and hybrid styles, and Autolite® for ignition products like spark plugs and coils. The firm also provides fuel delivery systems and supports caliper rebuilding through specialized catalogs. First Brands Group serves a broad customer base, including professional automotive technicians and everyday drivers while operating across both the automotive aftermarket and original equipment manufacturer (OEM) segments to deliver vehicle maintenance and repair solutions. First Brands Group generates revenue through multiple streams within the automotive aftermarket and OEM sectors.
Its primary sources include the sale of vehicle maintenance and repair products such as brake components, filters, wiper blades, ignition parts, and fuel delivery systems. The company also earns income through licensing agreements, supplying parts directly to vehicle manufacturers, and distributing products via retail channels, service centers, and online platforms. Additionally, it supports niche markets like professional rebuilders through specialized catalogs. The organization plans to use the September 2025 financing to maintain its day-to-day operations and stabilize its business.
Primary Industry
Automobiles, Other Vehicles & Parts
Sub Industries
Automobiles, Other Vehicles & Parts, Logistics & Distribution
Website
www.firstbrandsgroup.com/
Verticals
Manufacturing
Total Amount Raised
Subscriber access only
First Brands Group, LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Corporate Carve Out | Announced | First Brands Group, LLC's IP Assets | - | ||||||||
| Private Debt | Completed | First Brands Group, LLC | - | ||||||||
| Bankruptcy/Write-off | Completed | First Brands Group, LLC | - | ||||||||
| Trade Sale | Completed | Lumileds Lamps and Accessories Business | - | ||||||||
| Trade Sale | Completed | Hopkins Manufacturing Corp. | - |
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