Clearlake Capital-backed wheels manufacturer Wheel Pros has acquired Performance Replicas Inc., a distributor of replica wheels.
Wheel Pros currently carries Performance Replicas wheels as part of its catalogue and expects to see growth behind Wheel Pros’ distribution and marketing, according to the two companies.
“Wheel Pros has demonstrated incredible resilience this year, managing through the global pandemic and reaching new sales records while remaining vigilant for strategic and accretive acquisitions,” say Clearlake co-founder José E. Feliciano and managing partner Colin Leonard. “Furthermore, we are confident that Wheel Pros will continue its strong performance as people spend increasing amounts of time outdoors and continue to upgrade and personalize their vehicles.”
Earlier in 2020, Wheel Pros acquired the assets of the Borbet manufacturing facility in Auburn, Alabama, and also purchased Zbroz Racing, an aftermarket manufacturer of snowmobile parts.