Banyan Capital Partners

Banyan Capital Partners has acquired a majority interest in Rack Attack Products Ltd.

Industry:

Automotive

Banyan Capital Partners has acquired a majority interest in Rack Attack Products Ltd. MNP Corporate Finance Inc. acted as financial advisors and provided financial due diligence services to Banyan Capital Partners.

Transaction Brief

Banyan Capital Partners is a Canadian based private equity firm with over 50 years of private equity, investment banking and operating experience collectively. Banyan has acquired a majority interest in Rack Attack, a premier North American retailer of vehicle rack solutions. Rack Attack focuses exclusively on the sale, installation and servicing of automotive racks, mounts and hitches. Rack Attack has an established reputation in the marketplace with strong customer and supplier relationships.