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SILVER SPRING, Md. (AP) — U.S. manufacturing activity grew at a faster pace in November...

SILVER SPRING, Md. (AP) — U.S. manufacturing activity grew at a faster pace in November with produce...

Greenwood Village, CO (PRWEB) October 08, 2021 -- Wheel Pros, LLC (“Wheel Pros” or the “Company”), leading designer, manufacturer, marketer, and distributor

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 and add complementary product lines. Financial terms of the transaction were not disclosed. Teren...

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 financial shape, while helping private-equity firms lock in gains, often a few years after their ini...