Kingswood Capital Management Completes Investment In Turbo Wholesale Tires, Providing Capital For Further Growth
Round Type
Venture
IrwindaleManufacturingAutomotiveDescription
Kingswood Capital Management, LP (together with its affiliates, "Kingswood") announced today that it has completed an investment in Turbo Wholesale Tires ("Turbo" or the "Company"), an industry-leading, designer, supplier, and wholesaler of proprietary and third-party branded tires. Kingswood is partnering with Sarkis Sepetjian and the Sepetjian family, who are retaining significant ownership in the Company and joining Kingswood on the board of directors. Veteran tire executives, Phillip Kane and Larry Jeffries, have been appointed leadership roles at the Company and will serve as Chief Executive Officer and President, respectively.
Quick answer
Turbo Wholesale Tires raised an undisclosed amount in a funding round, dated November 1, 2022. Turbo Wholesale Tires is based in Irwindale, California, United States.
- How much did Turbo Wholesale Tires raise?
- Turbo Wholesale Tires raised an undisclosed amount in a funding round on November 1, 2022.
- What does Turbo Wholesale Tires do?
- Since 1983, Turbo has been a trusted tire supplier, leading the industry with a keen focus and understanding of the independent tire dealer.
- Where is Turbo Wholesale Tires based and how big is it?
- Turbo Wholesale Tires is based in Irwindale, California, United States.
Source: Fundz verified event record.
Who else raised in Automotive and Manufacturing around the same time
Companies in the same sectors as Turbo Wholesale Tires that raised within 45 days of this round, from Fundz verified event records.
- Quantum Space raised an undisclosed amount (Funding Round) on December 13, 2022.
- Einride raised $500M (Funding Round) on December 7, 2022.
- Mullen Automotive raised an undisclosed amount (Funding Round) on November 17, 2022.
- Lion Electric Company raised an undisclosed amount (Funding Round) on November 9, 2022.
- Harbinger raised $94M on November 2, 2022.
- Ionblox raised $24M (Series B) on October 26, 2022.
Who to call at Turbo Wholesale Tires, and when
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- An alert the day Turbo Wholesale Tires raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Turbo Wholesale Tires, from your own LinkedIn network
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Turbo Wholesale Tires raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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