Triad Racing Technologies, LLC

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Triad Racing Technologies, LLC - overview

Location

-, NC, US

Primary Industry

Automobiles, Other Vehicles & Parts

About

Triad Racing Technologies, LLC specializes in high-performance automotive manufacturing, focusing on stamped sheet metal and composite body panels designed for competitive racing markets. Triad Racing Technologies, LLC manufactures specialized automotive components for racing applications. The company is headquartered in Mooresville, US. Marty Gaunt leads the firm, which has undergone strategic pivots to enhance its product offerings.


The firm has successfully completed 2 deals, with the most recent occurring on August 1, 2010, when Peninsula Capital Partners provided subordinated debt financing. Triad Racing LLC specializes in the manufacture and distribution of high-performance stamped sheet metal and composite body panels for the NASCAR MENCS (Monster Energy NASCAR Cup Series) and NGOTS (NASCAR Gander Outdoors Truck Series). Each part undergoes a meticulous engineering, modeling, and testing process in a state-of-the-art facility, ensuring compliance with strict quality standards. The company serves professional racing teams, including those aligned with Toyota Racing Development and various clients beyond the Toyota network.


Triad's distribution agreements include Toyota body panels, Spectra Premium Radiators, and Technique NEXT GEN Show Car Chassis, catering to a diverse clientele across North America and beyond. The end users of these products are primarily professional racing teams and organizations seeking high-performance components to enhance vehicle performance in competitive settings. Triad Racing LLC operates a revenue model centered on B2B transactions with professional racing teams and organizations requiring specialized automotive parts. Transactions typically occur through direct sales, where clients place specific orders for body panels, radiators, or chassis.


The company has established a reputation in the industry, fostering long-term partnerships with teams relying on Triad's products for their competitive edge. Pricing details for products are not disclosed, but the structured sales approach emphasizes tailored solutions for teams. Triad Racing Technologies, LLC is focused on developing new products, with plans to launch advanced body panels and enhanced chassis designs by the end of 2023. The company aims to expand its market reach into international racing circuits, targeting regions in Europe and Australia within the next 18 months.


The funding received on August 1, 2010, will be utilized to support these initiatives, ensuring that Triad can enhance its product lineup and accelerate its expansion efforts.


Current Investors

Private Equity Sponsor Not Disclosed

Primary Industry

Automobiles, Other Vehicles & Parts

Sub Industries

Automobiles, Other Vehicles & Parts

Website

www.triadrt.com

Verticals

Manufacturing

Total Amount Raised

Subscriber access only

Triad Racing Technologies, LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Unspecified ExitCompletedTriad Racing Technologies, LLC-
Private DebtCompletedTriad Racing Technologies, LLC-

Displaying 1 - 2 of 2

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.