Edelbrock has announced that Industrial Opportunity Partners (IOP), a Chicago-based private equity firm, has made an investment in Edelbrock.
“This new partnership comes at a time in the automotive industry that puts Edelbrock in a prime position to capitalize on the ever-strengthening economy,” stated Vic Edelbrock, chairman of Edelbrock. “The investment from IOP will allow us to continue to [develop] new and exciting products, such as our supercharger line, across a wide range of applications.”
Vic Edelbrock, along with Edelbrock President John Colaianne, will continue to manage the company, according to a press release distributed by Edelbrock.
Founded in 1938, Edelbrock Corp. is a designer, manufacturer and distributor of performance replacement parts for the automotive and motorcycle aftermarkets. The company is based in Torrance, California.
For more information, go to www.edelbrock.com.