SCAT Enterprises, Air Flow Research Join Forces

SCAT Enterprises (SCAT) has been acquired by Taglich Private Equity (TPE), which also recently acquired Air Flow Research Heads, a manufacturer of cylinder heads and intake manifolds, the companies announced. SCAT is a manufacturer of high-performance crankshafts, connecting rods and rotating assemblies.

The transaction also includes the Procar by SCAT seating division, the company said.

SCAT’s management team will remain in place along with SCAT’s production facility and employees, located at its headquarters in Redondo Beach, California.

Founder Tom Lieb will remain involved in the business going forward and SCAT’s current COO, Craig Schenasi, will become CFO of the combined companies and an owner in the business.

“Completing this sale doesn’t represent the end, but merely another step in SCAT’s long and successful history,” said Lieb. “We are excited about partnering with AFR and continuing to build on the foundation that we have built over the years.”

Shawn Sterling, who will be the CEO of AFR and SCAT stated, “SCAT has a fantastic brand, strong team and an impressive legacy, which we are fortunate to add to our company. I am thrilled about the opportunity to work with and learn from Tom, Craig and the rest of the team at SCAT. We believe that the AFR, SCAT and Procar brands will create a lot of synergies for our customers while providing tremendous growth opportunities for our employees. We will focus on our customers and employee’s success, as we believe this is the key to our future growth, both organically and through acquisitions of other performance aftermarket companies.”