NEW YORK & ANN ARBOR, Mich.--(BUSINESS WIRE)--CCMP Capital Advisors, LP (“CCMP”) today announced that affiliates of CCMP have successfully completed the acquisition of a controlling interest in Truck Hero (“the company”), a leading provider of highly functional aftermarket accessories for pickup trucks and jeeps. TA Associates, the former holder of a majority interest in Truck Hero, and Truck Hero’s founding Chief Executive Officer Bill Reminder and Chief Operating Officer Kelly Kneifl, remain significant investors in the company.
Founded in 2007, Truck Hero is the market leader in providing a wide range of functional accessories that enhance customers’ use of their pickup trucks and jeeps. Through its superior engineering, successful new product introductions and the acquisition of strategically and financially attractive add-on brands and products, the company has rapidly grown and today is the market leader across all channels of distribution in the vast majority of its business segments.
About CCMP Capital
CCMP Capital Advisors, LP specializes in middle market buyouts and growth equity investments of $100 million to $500 million in North America and Europe. CCMP focuses on generating alpha through the operational transformation and growth of its portfolio companies. With offices in New York, Houston and London, CCMP invests in three primary industries: Consumer/Retail, Industrial/Chemicals, and Healthcare. Selected investments under management include: Truck Hero, Badger Sportswear, The Hillman Group, Jamieson Laboratories, Jetro Cash & Carry, Milacron, PQ Corporation, Pure Gym, and Shoes For Crews.