Audax Group has purchased Denver, Colo.,-based Wheel Pros from Platinum Equity.
“Wheel Pros is a market leader in the automotive aftermarket industry. We look forward to partnering with Randy White, Jody Groce and the Wheel Pros team to grow the business organically and through strategic add-on acquisitions,” said Geoffrey Rehnert, co-CEO of Audax Group.
Founded in 1995, Wheel Pros designs, markets and distributes aftermarket wheels and also distributes performance tires and accessories. The company has 25 distribution centers in the U.S.
Audax Group has more than $6 billion in assets under the management in its private equity, mezzanine and senior debt businesses.