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Dorman Products, Inc. Completes Acquisition Of Superatv, A Leading Supplier To The Powersports Aftermarket

PUBLIC · DORMOct 04, 2022

Acquiring Company

Dorman Products

Acquired Company

SuperATV

PennsylvaniaManufacturingAutomotiveManufacturingFashion

Description

Dorman Products, Inc. (the “Company” or “Dorman”) (NASDAQ:DORM), a leading supplier in the motor vehicle aftermarket industry, today announced that it completed the acquisition of Super ATV, LLC (“SuperATV”) for $490 million in cash at closing, plus an earn-out of up to $100 million in the aggregate payable over two years subject to certain performance targets being achieved in 2023 and 2024. The closing payment is subject to customary purchase price adjustments. The transaction was financed with a five-year $500 million incremental term loan facility obtained in connection with an amendment to the Company’s existing credit agreement.

Quick answer

Dorman Products is acquiring SuperATV, announced October 4, 2022. Dorman Products is based in Pennsylvania, United States.

How much did Dorman Products pay for SuperATV?
The deal value was not disclosed.
What does Dorman Products do?
Dorman gives repair professionals and vehicle owners greater freedom to fix cars and trucks.
Where are Dorman Products and SuperATV based?
Dorman Products is based in Pennsylvania, United States.

Source: Fundz verified event record.

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Company Information

Company

Dorman Products

Location

Vaughn Parkway

Pennsylvania, United States

About

Dorman gives repair professionals and vehicle owners greater freedom to fix cars and trucks. For over 100 years, we have been driving new solutions for the motor vehicle aftermarket, releasing tens of thousands of replacement products engineered to save time and money, and increase convenience and reliability. Founded and headquartered in the United States, we are a pioneering global organization offering an always-evolving catalog of parts, covering light-, medium- and heavy-duty vehicles, from chassis to body, from underhood to undercar, and from hardware to complex electronics. See our full offering and learn more at DormanProducts.com.

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Frequently asked

Who acquired SuperATV?

SuperATV was acquired by Dorman Products, based in Pennsylvania. The deal was reported on October 4, 2022. Dorman gives repair professionals and vehicle owners greater freedom to fix cars and trucks. Dorman Products is publicly traded (DORM) and operates in Manufacturing.

When did Dorman Products acquire SuperATV?

Dorman Products's acquisition of SuperATV was reported on October 4, 2022. Dorman Products, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does SuperATV do?

Founded in 2004, SuperATV employs highly skilled and industry expert men and women in all facets of design, manufacturing, sales and distribution. It is privately held, operating in Manufacturing.

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