Wheel Pros Expands Product Portfolio with Addition of Leading Brand in Aftermarket Lug Nuts and Wheel Locks
Wheel Pros, a leading designer, marketer, and distributor of branded automotive aftermarket wheels, performance tires, and accessories, today announced that it has completed the acquisition of Amcor Industries, Inc. (d/b/a Gorilla Automotive Products) (“Gorilla”), a leading designer and distributor of branded automotive aftermarket lug nuts and wheel locks. Financial terms of the transaction were not disclosed.
Gorilla designs, manufactures, and sells branded lug nuts, wheel locks, and accessories to retailers across North America, adding a complementary portfolio of aftermarket accessories to Wheel Pros’ expanding selection of products.
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, including some of the most recognized designs in the industry.
“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.”
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“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, and Colin Leonard, Partner of Clearlake. “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.