![]() Read our full disclaimer policy here. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. (Reporting by Seban Scaria editing by Daniel This article is provided for informational purposes only. The transaction is expected to close in the first quarter of 2021, subject to customary closing conditions. "This transaction further strengthens our portfolio in the consumer space, and in a company that we believe has strong growth potential and is led by an exceptional management team," Mubadala said in a tweet. Truck Hero is a designer, manufacturer and marketer of branded consumer accessories for pickup trucks. It has a leading online presence selling directly to consumers through. Terms of the transaction were not disclosed, L Catterton said in a statement.įounded in 2007, Truck Hero is the manufacturer, and marketer of branded functional truck and Jeep accessories that enhance the experience for consumers' daily activities and enthusiast lifestyles, the statement said. We were formed in November 2007 with the merger of two leading. The consortium includes a wholly-owned subsidiary of the Abu Dhabi Investment Authority (ADIA), as well as Mubadala Investment Company, StepStone Group Inc and CCMP, among other shareholders, and Truck Hero's founding CEO, Bill Reminder, will remain meaningful investors in the Company. RealTruck is a leading vertically-integrated designer, manufacturer and online retailer of branded functional aftermarket accessories for pickup trucks and Jeep Wranglers as well as sport utility vehicles, crossover utility vehicles and other light vehicles. ![]() ![]() Truck Hero was founded in 2007 and is headquartered in Ann Arbor, Michigan. ![]() Abu Dhbai state investor Mubadala has invested in Michigan-based Truck Hero, as part of a consortium led by consumer focused private equity firm, L Catterton. Truck Hero provides consumers a full range of truck bed covers and other truck and Jeep accessories with market-leading functionality, engineering, quality, and design. ![]()
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