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The Wheel Group Acquisition

The Wheel Group is a leading designer and distributor of branded aftermarket wheels, specialty tires, and related accessories serving the truck, SUV and car markets. ....

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Wynnchurch Capital Acquires The Wheel Group


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Wynnchurch Capital, L.P. (“Wynnchurch”) announced today that it has acquired The Wheel Group (“TWG” or the “Company”). The Wheel Group is a leading designer and distributor of branded aftermarket wheels, specialty tires, and related accessories serving the truck, SUV and car markets. Founded in 1997, the Company offers 16 proprietary brands and serves its customers through 20 sales and distribution centers located throughout the U.S. and Canada. TWG is well-positioned to benefit from growing automotive aftermarket demand, particularly in enthusiast-oriented wheel, specialty tire, and accessory categories.
“The Wheel Group has grown into a leading automotive aftermarket business based on our best-in-class customer service, product offering and technical expertise. We look forward to working with Wynnchurch to accelerate our business plan and growth,” said David Williams, CEO of T ....

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Wynnchurch Capital Acquires Insulation Corporation of America


Wynnchurch Capital Acquires Insulation Corporation of America
01/07/2021 | 08:36am EDT
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Wynnchurch Capital, L.P. (“Wynnchurch”) announced today that it has acquired Insulation Corporation of America (“ICA” or the “Company”). ICA is a manufacturer of expanded polystyrene (“EPS”) foam products for applications including building insulation, infrastructure construction, packaging, cold chain and other applications across the northeastern U.S. ICA will unite under one platform with Drew Foam Companies, Inc. (“Drew”) and Huntington Foam, LLC (“Huntington”), both Wynnchurch portfolio companies.
Paul Ciolino, Partner at Wynnchurch, said, “The acquisition of ICA is a natural fit with Drew and Huntington and will strengthen our platform by expanding its reach into new, unserved markets. We believe ICA has a very bright future and are excited to support the Company’s future growth.” ....

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Private equity deal joins Drew Foam, Huntington Foam


Private equity deal joins Drew Foam, Huntington Foam
Two plastic foam manufacturers with multiple North American plants are uniting under one umbrella.
Rosemont, Ill.-based private equity company Wynnchurch Capital LP announced Dec. 29 that it has purchased Huntington Foam LLC and is combining the business with Drew Foam Cos. Inc., a company that Wynnchurch bought on Nov. 9.
Huntington is highly regarded across the industry as a market leader in providing custom foam fabricating solutions to a wide range of end markets, Frank Hayes, managing partner at Wynnchurch, said in a news release. The partnership between Huntington and Drew will drive significant benefits for their respective customer bases. ....

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