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The Wheel Group Acquires Tuff Stuff Overland - Vimarsana News

The Wheel Group Acquires Tuff Stuff Overland

Press release content from Business Wire. The AP news staff was not involved in its creation. The Wheel Group Acquires Tuff Stuff Overland February 9, 2021 GMT ROSEMONT, Ill.--(BUSINESS WIRE)--Feb 9, 2021-- The Wheel Group (“TWG”), a portfolio company of Wynnchurch Capital, L.P. (“Wynnchurch”), announced the acquisition of Tuff Stuff Overland (“Tuff Stuff” or the “Company”). Tuff Stuff is a direct-to-consumer (“DTC”) e-commerce platform of outdoor accessory products. The Company offers a comprehensive suite of high-quality overland adventure gear at affordable prices, incl...

Source: apnews.com
Minneapolis IT firm acquires Digital Defense, its second San Antonio tech company in 6 months - Vimarsana News

Minneapolis IT firm acquires Digital Defense, its second San Antonio tech company in 6 months

A Minneapolis-based software firm has bought two San Antonio cybersecurity companies in...

Wynnchurch Capital Acquires The Wheel Group - Vimarsana News

Wynnchurch Capital Acquires The Wheel Group

Posted on 200 Wynnchurch Capital, L.P. (“Wynnchurch”) announced today that it has acquired The Wheel Group (“TWG” or the “Company”). The Wheel Group is a leading designer and distributor of branded aftermarket wheels, specialty tires, and related accessories serving the truck, SUV and car markets. Founded in 1997, the Company offers 16 proprietary brands and serves its customers through 20 sales and distribution centers located throughout the U.S. and Canada. TWG is well-positioned to benefit from growing automotive aft...

Private equity firm Wynnchurch Capital L.P. acquires California-based Wheel Group - Vimarsana News

Private equity firm Wynnchurch Capital L.P. acquires California-based Wheel Group

The Wheel Group headquarters in Ontario, Calif. ROSEMONT, Ill. — Private equity firm Wynnchurch Capital L.P. has acquired the Wheel Group (TWG), an Ontario-Calif.-based distributor of aftermarket wheels, specialty tires and accessories for the truck, SUV and car markets. The value of the transaction was not disclosed. Boston-based Stifel Financial Corp. said it served as the sole placement agent for the acquisition. TWG offers 16 brands through 20 sales and distribution centers in the U.S. and Canada. According to Wynnchurch, TWG is positioned to grow due to increased demand for automotive ...

Global E-Bike Market (2021 to 2028) – E-Bikes as a Solution to Rising Fuel Prices Present Opportunities – ResearchAndMarkets.com - Vimarsana News

Global E-Bike Market (2021 to 2028) – E-Bikes as a Solution to Rising Fuel Prices Present Opportunities – ResearchAndMarkets.com

ResearchAndMarkets.com’s offering. According to this report, the global e-bike market is anticipated to progress at a CAGR of 9.95% during the projected period of 2021-2028. Factors such as government incentives and consumer preference towards e-bikes, are motivating the growth of the studied market during the forecast period. Additionally, the rise in usage of e-bikes for delivery purposes, coupled with e-bikes posing a solution for the rising fuel prices, are likely to offer multiple growth opportunities for the e-bike market. However, problems pertaining to the distribution and high cost...