Wynnchurch Capital acquires The Wheel Group
ROSEMONT - Wynnchurch Capital said Tuesday it acquired The Wheel Group, a leading designer and distributor of branded aftermarket wheels, specialty tires and related automobile accessories based in Ontario, California. Terms of the transaction were not disclosed.
Founded in 1997, The Wheel Group offers 16 proprietary brands and serves its customers through 20 sales and distribution centers located throughout the U.S. and Canada, Wynnchurch said.
"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 The Wheel Group.
Wynnchurch Capital, headquartered in Rosemont, is a leading middle-market private equity investment firm.