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Wheel Pros acquires TSW Alloy Wheels

Wheel Pros acquires TSW Alloy Wheels Print SANTA MONICA, Calif. — Aftermarket wheel distributor Wheel Pros has acquired Just Wheels & Tires Co. Inc., d.b.a. TSW Alloy Wheels, a Brea, Calif.-based designer and distributor of custom wheels focused on the luxury and off-road markets. The acquisition is Wheel Pros 11th in the past six years — and eighth under the ownership of Clearlake Capital Group L.P. — reflecting Wheel Pros commitment to grow the business through strategic acquisitions...
Just Wheels Tires Co Clearlake Capital Group Wheel Pros Just Wheels Wheel Pro வெறும் சக்கரங்கள் டயர்கள் இணை

Risky Loans Secure Private-Equity Payouts Despite Downturn

Updated Dec. 17, 2020 2:29 pm ET When the economy struggles, businesses typically hunker down and preserve cash by cutting spending and dividends. During the Covid-19 slowdown, companies controlled by private-equity firms have often gone the other way, borrowing heavily to pay big dividends to their owners. The payouts boost returns for private-equity firms but can load their companies’ balance sheets with heavy debt at a precarious moment. The maneuvers can leave companies in weaker ...
United States Clear Lake Rhode Island Brian Spegele Laura Cooper Leonard Green
Source: wsj.com

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