BBB Industries

BBB Industries Acquired by Private Equity Firm

Primarily focused on the do-it-for-me market, BBB Industries makes starters, alternators, brake calipers, power-steering parts and turbochargers.

Genstar Capital, a San Francisco-based private equity firm, has acquired BBB Industries, the firm said.

Primarily focused on the do-it-for-me market, BBB Industries makes starters, alternators, brake calipers, power-steering parts and turbochargers. Headquartered in Daphne, Alabama, the company sells its more than 30,000 SKUs through warehouse distributors, retailers and OEM service organizations.

“BBB is an industry leader in the automotive aftermarket with a strong reputation for quality and manufacturing expertise,” said Rob Rutledge, managing director of Genstar Capital. “We believe we can partner with management to expand the product offerings for BBB’s customers through investments in new technologies, capacity expansions and acquisitions in BBB’s current and adjacent markets. Genstar’s ability to move quickly and to provide growth capital will help to further enhance BBB’s market presence and build on its strong relationships with new and existing customers.”

BBB Industries CEO Duncan Gillis added: “Because our products are mission-critical to the operation of a vehicle, our key focus is to provide customers with quality, availability, breadth of SKUs, and service. With Genstar’s expertise and history of successfully building companies like ours, we look forward to transforming our company and taking BBB Industries to the next level while continuing to provide our customers with the highest quality products. We very much look forward to this new partnership.”

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