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Truck Tech Acquisition Expands Aftermarket Performance Group’s Same-Day and Next-Day Delivery Capabilities
Aftermarket Performance Group ("APG") acquired Truck Tech, LLC from co-owners, Royal Coburn and Eric Evans, on August 16, 2019. The Salt Lake City, UT business adds same-day and first-open-of-business next day shipments predominantly focused on delivery to auto dealerships, a sales channel that APG had not historically focused on. “With access to APG’s resources and inventory, Truck Tech will be able to offer more product to their shop and dealership customers. It will also help APG develop greater expertise in the expedited shipping and dealership markets so that we can roll that out across the country” noted APG CEO Matt Jordan. Truck Tech transitioned its inventory and warehousing to APG’s Salt Lake City location and will continue to operate its expedited delivery model out of that location going-forward. Mr. Coburn will join APG in a key role directing expedited shipping and dealership initiatives.About Aftermarket Performance Group
APG is an automotive performance aftermarket company with business units in direct-to-consumer online retail, wholesale and manufacturing of branded product. APG’s market expertise is focused on diesel pickup trucks, Jeep/Off-road vehicles, and Subaru/Compact-Performance Vehicles.
Please contact the following members of the investment team at Capital Partners with investment or add-on opportunities:
Russ Spieler, Managing Director
Rob Tucker, Managing Partner
John Willert, Managing Director
Chris Faux, Senior Associate
About Capital Partners
Capital Partners (www.capitalpartners.com) is a private investment firm founded in 1982. Our principals have invested in more than 100 platform and add-on acquisitions across a variety of industries. Based on the combination of solid investment discipline and our low leverage approach, we have successfully partnered with management teams through multiple economic cycles.