Eckler’s, a Titusville, FL-based marketer of restoration parts and accessories for classic vehicles, has been acquired by Baird Capital Partners, for an undisclosed sum.
The company intends to use the proceeds from the investment to expand its market position.
Led by CEO Matt Jordan, Eckler’s offers automotive enthusiasts with a wide product line including replacement and restoration parts, performance upgrade parts and accessories holding a leading market position in products lines including Chevrolet Corvette, Classic Chevy’s from the 1950’s, Camaro, Impala, El Camino and Ford Sedan.
In conjunction with the transaction, Baird Capital Partners Chairman and Partner Gordon Pan and Operating Partner Harry Schulman will join the company’s Board of Directors.
Baird Capital Partners is the US-based buyout fund of Baird Private Equity.
FinSMEs
22/07/2012