Wheel Pros Acquires Gorilla Automotive Products
Wheel Pros has completed the acquisition of Amcor Industries Inc. which does business as Gorilla Automotive Products. Gorilla Automotive Products designs and distributes lug nuts and wheel locks for the aftermarket. Financial terms of the transaction were not disclosed.
“We are excited to welcome Gorilla to the Wheel Pros family,” said Jody Groce and Randy White, co-founders and co-CEOs of Wheel Pros. “Gorilla has spent more than 40 years building its brand into the leader in aftermarket lug nuts and wheel locks with an unparalleled focus on quality. We look forward to offering enhanced services to Gorilla’s existing customers, as well as introducing new customers to Gorilla’s high-quality products through our global network of distribution centers.”
Wheel Pros currently serves more than 10,000 retailers with a global network of 33 distribution centers spanning North America and Australia. The company has a portfolio of 12 proprietary brands with more than 300 custom wheel styles.
“Wheel Pros is a clear market leader in automotive aftermarket wheels, and the acquisition of Gorilla is highly complementary to Wheel Pros’ existing products,” said José E. Feliciano, co-founder and managing partner. “With this acquisition, Wheel Pros adds another iconic brand to its broad portfolio. This acquisition illustrates how Clearlake partners with world class management teams to deploy its O.P.S. approach and execute on an accretive acquisition strategy.”
William Blair served as financial advisor to Wheel Pros.