Triad Racing Technologies, LLC
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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 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Unspecified Exit | Completed | Triad Racing Technologies, LLC | - | ||||||||
| Private Debt | Completed | Triad Racing Technologies, LLC | - |
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