Major Aftermarket Fabricator to Join Growing Lineup of Autotech Brands Benefitting from Industry-Leading Distribution Network
Clackamas, OR | June 14, 2021 — In a move designed to expand the market reach of one of the top autotech brands for suspension systems, off-road racing, lift kits, control arms, performance shocks and leveling systems, Fabtech Motorsports has been sold to Warn Industries, a subsidiary of LKQ Corporation. LKQ is a leading distributor of specialty automotive equipment and accessories with a focus on premier brands servicing RV, truck, off-road, towing, speed & performance, wheels, tires, and performance handling. The deal means that Fabtech’s entire product line will now be available through LKQ’s extensive distribution network – effectively increasing the market availability of Fabtech throughout the U.S. and Canada.
Capstone Financial Group served as the exclusive financial advisor to Fabtech. The sale brings together two of the strongest technology names in the auto aftermarket through a strategic alignment and acquisition.
“Fabtech has long been recognized as a preferred name in vehicle modifications for Ford, Dodge, Chevy, Toyota, Nissan, GMC Trucks and Jeeps,” said Dan Smith, CEO of Capstone. “It is a company which is ideally positioned to leverage LKQ’s resources to scale production and reach a larger customer base through its new distribution network. Facilitating this sale to LKQ Corp means Fabtech becomes a subsidiary of a substantial publicly traded company with the funding and connections to ensure Fabtech reaches its potential in the quickest time frame possible.”
Capstone orchestrated a highly competitive bidding process for Fabtech, which garnered a lot of interest from many different buyers in the truck and off-road racing space, including Warn Industries, the world’s top manufacturer of winches. Warn was recently acquired by LKQ, and came to the table quickly with an offer as the official buyer of Fabtech. The final details of the sale are not being disclosed to the public.
FOR MORE INFORMATION CONTACT:
Chandler Kohn | 843.548.0601 | firstname.lastname@example.org for Capstone Financial Group