5 November, 2020: PerTronix Performance Brands, a portfolio company of Lineage Capital and a leader in the aftermarket ignition and exhaust segments, has completed its acquisition of Aeromotive—a highly-respected manufacturer of performance fuel systems and components. The acquisition greatly enhances the profitability, scale, and competitive position of PerTronix. With an expanded product offering that addresses a greater share of the vehicle value chain, the company is well-positioned to continue its impressive growth trajectory.
Based in Lenexa, Kansas, Aeromotive is the premier designer and manufacturer of fuel systems and components for the racing, off-road, late-model, street rod, muscle car, and sports car segments of the automotive aftermarket.
Headquartered in San Dimas, California, PerTronix Performance Brands is a premier automotive aftermarket group that manages the PerTronix Ignition, JBA Performance Exhaust, Doug’s Headers, Patriot Exhaust, Compu-Fire, and Spyke brands. These brands produce high-performance ignition and exhaust products for hot rods, muscle cars, late-model vehicles, racing, motorcycle, VW, agriculture, and industrial markets.
Lineage invests exclusively in owner-managed businesses. Lineage focuses on high-quality, lower middle market businesses with EBITDA greater than $4 million that desire a value-added partner to facilitate their future growth and success.
The Spartan Group LLC served as exclusive financial advisor to Aeromotive throughout the process. The Spartan Group LLC also served as exclusive financial advisor to Pertronix Performance Brands in its sale to Lineage Capital in 2016.