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Client: Four Wheel Drive Hardware LLC
Business: Founded in 1977 in Columbiana, Ohio, Four Wheel Drive is the leading catalog and Internet retailer of Jeep, Porsche, Mercedes and Toyota truck aftermarket parts and accessories in the United States.
Client Objective: Four Wheel Drive was a portfolio company of Pfingsten Partners LLC and Svoboda, Collins LLC. The private equity owners engaged BGL to manage the sale process due to BGL's extensive experience in speciality distribution and direct marketing.
Results: After a broad marketing effort, which generated several interested parties, Four Wheel Drive was sold to Transamerican Auto Parts, a portfolio company of Bear Stears Merchant Banking. Four Wheel Drive will provide a strong catalog and Internet presence, a broad product portfolio and dominant market share positions in Jeep, Porsche, Mercedes and Toyota Truck to complement TAP's established bricks-and-morter retail presence.
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