Truck hero company1/28/2024 The transaction is expected to close in the first quarter of 2021, subject to customary closing conditions. Terms of the transaction were not disclosed.įounded in 2007, Truck Hero is the industry-leading innovator, manufacturer, and marketer of branded functional truck and Jeep accessories that enhance the experience for consumers’ daily activities and enthusiast lifestyles. CCMP, among other shareholders, and Truck Hero’s founding Chief Executive Officer, Bill Reminder, will remain meaningful investors in the company. The consortium includes a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA), as well as Mubadala Investment Company and StepStone Group Inc. Kirkland & Ellis represents L Catterton, which along with CCMP Capital announced today the entry into a definitive agreement under which a consortium led by L Catterton and its affiliates will acquire a controlling interest in Truck Hero®, Inc., the leading provider of functional aftermarket accessories for pickup trucks and Jeep® vehicles.
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