Race Winning Brands, Inc.
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Race Winning Brands, Inc. - overview
Established
1999
Location
Mentor, OH, US
Primary Industry
Automobiles, Other Vehicles & Parts
About
Based in Ohio, US, and founded in 1999, Race Winning Brands, Inc. , f. k. a.
Performance Motorsports International, operates as a manufacturer and supplier of parts, for the automotive and Powersports sectors. In February 2017, Kinderhook Industries acquired the company from Dover Corporation for USD 150 million, and in November 2021, MiddleGround Capital acquired Race Winning Brands, Inc. from Kinderhook Industries. As of November 2021, the company is being led by Bob Bruegging, as its President, and has sales offices and manufacturing facilities across the United States, Canada, Europe, and Asia.
Race Winning Brands, Inc. manufactures high-performance and racing-related components including pistons, connecting rods, crankshafts, piston rings, cylinder heads, intake manifolds, bearings, camshafts, clutches, gaskets, transmission, and other engine components. The company’s brand portfolio includes JE Pistons, Wiseco Performance Products, K1 Technologies, Diamond Pistons, Trend Performance, Rekluse Motor Sports, MGP Connecting Rods, ProX Racing Parts, and Dart Machinery, and the firm distributes its products through various OEMs, wholesale distributors, and automotive retailers across the US.
Current Investors
MiddleGround Capital
Primary Industry
Automobiles, Other Vehicles & Parts
Sub Industries
Automobiles, Other Vehicles & Parts, Industrial Wholesalers
Website
www.racewinningbrands.com
Verticals
Manufacturing
Company Stage
Mature
Total Amount Raised
Subscriber access only
Race Winning Brands, Inc. - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | TransGo, LLC | - | ||||||||
| Add-on | Completed | TMG Performance Products | - | ||||||||
| Add-on | Completed | Haltech | - | ||||||||
| Add-on, Trade Sale | Completed | TPT Solutions | - | ||||||||
| Add-on | Completed | TransGo, LLC | - |
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