August 28, 2019 (ANAHEIM, CA) – McLeod Racing’s President, Paul Lee, has acquired FTI Performance Converters. Through the acquisition, Lee will be working closely with FTI Performance founders, Greg & Phaedra Samuel. With the purchase and agreement of the established driveline company, Lee & Samuel plan to continue to dominate the aftermarket and racing industry with manual, torque converters, and automatic transmission drivetrain components.
FTI Performance is no stranger to the fast-paced world of racing and aftermarket. Having started in 1992 by husband and wife duo, Greg and Phaedra, FTI flourished on its innovative designs and the ability to cater to each customer’s needs when it comes to their torque converters and transmissions. The company prides itself on its customer oriented technical support, which shares the same standards as McLeod Racing.
“Being that FTI is the leader in racing automatic and torque converter technology, it is fitting to align ourselves with McLeod, the leading performance clutch manufacturer,” says Greg Samuel. “I am excited to bring even better customer service than the unprecedented service we provide with more shipping locations to better serve our valued customers. Paul Lee of McLeod shares the same passion and love of racing and family values we do here at FTI and that makes an unbeatable team.” Greg will continue his role at FTI as Chief Technology Officer.
Paul Lee has always been inventive to find the next component to expand the McLeod Racing brand.
“Greg, Phaedra, and the whole FTI Performance team have done an outstanding job providing sportsman and professional racers the highest quality and cutting-edge technology in racing transmissions and torque converters,” says Paul Lee. “With increased distribution, back office and inventory infrastructure provided by McLeod, we as a team plan to help FTI Performance continue its dominance in racing transmissions and converters. This is the next necessary step for both brands to continue to provide our customers with the best products as well as the best service.”
And, of course, it is no coincidence that both companies share an equal passion for the racing community. Paul Lee, driver of a NHRA Nitro Funny Car, and the Samuel family who have deep roots in drag racing, will share each’s enthusiasm to improve products and to have quick delivery to keep pace with the needs of drag racers.
The Spartan Group acted as exclusive financial advisor to McLeod Racing.