 |
ABOUT US
|
|
|
|
|
|
|
|
LUND INTERNATIONAL, INC. ACQUIRED |
December 03, 2007 -
Suwanee, Georgia, December 3, 2007 - Lund International, Inc., a leading manufacturer and marketer of automotive accessories, announced today that it has entered into an agreement to be purchased by Linsalata Capital Partners and Resilience Capital Partners, both based in Cleveland, Ohio. Terms of the agreement were not provided.
Linsalata Capital and Resilience bring additional management resources to the company and industry veterans to the Board of Directors. "We are pleased with the transition. Both firms bring a strong history of supporting growth of quality companies" said George Scherff, CEO of Lund.
About Lund International
Lund International manufactures automotive accessories under the AVS, Lund, Nifty, Deflecta-Shield Aluminum and Belmor brands. Headquartered in Suwanee, Georgia with manufacturing facilities in Lawrenceville, Georgia; Hamilton, Ohio; Howe, Indiana; and Chicago, Illinois, Lund International has annual sales in excess of $130 million.
About Linsalata Capital Partners
Located in the Cleveland suburb of Mayfield Heights, Ohio, Linsalata Capital Partners was founded in 1984 and has combined its strong financial capabilities with operational experience to accelerate the growth of middle-market companies. In its more than 23 years of investing, the firm has completed 84 buy-side transactions totaling more than $2 billion.
About Resilience Capital Partners
Resilience Capital Partners LLC is a private equity firm focused on lower middle market underperforming companies that have solid fundamental business prospects. Resilience typically invests in basic industry businesses with revenues of $25 million to $250 million.
|
|
|
|
|
|
|
