Wheel Pros, a truck enhancement distributor backed by Clearlake Capital Group, has purchased Transamerican Auto Parts from Polaris Inc.
TAP is a manufacturer, distributor, retailer and installer of off-road Jeep and light truck parts and accessories.
“We are thrilled to combine with TAP and build a vertically integrated omnichannel platform for aftermarket automotive enhancements across a wide range of vehicles,” said Randy White and Brian Henderson, CEO and chief strategy officer at Wheel Pros. “We look forward to working with the TAP team as we undertake new initiatives to accelerate the growth of the combined business and continue to drive value for our customers, suppliers, and partners.”
Baird acted as financial advisor to Polaris in connection with the transaction. Kirkland & Ellis LLP served as legal counsel to Wheel Pros and Clearlake.