BB&T Capital Partners Backs Baird Eckler’s Acquisition

BB&T Capital Partners Mezzanine Fund II has invested subordinated debt and preferred and common stock to support the acquisition of Eckler’s by Baird Capital Partners. Titusville, Fla.-based Eckler’s is a marketer of restoration parts and accessories for classic and enthusiast vehicles. Terms of the deal were not released.

PRESS RELEASE

Eckler’s is the premier multi-channel,
direct-to-consumer marketer of restoration parts and accessories for classic and enthusiast vehicles. Based in Titusville, Florida, Eckler’s holds the top market position in six of the eight primary product lines in which it competes, including Chevrolet Corvette, Classic Chevy’s from the 1950’s, Camaro, Impala, El Camino and Ford Sedan.

BB&T Capital Partners Mezzanine Fund II, L.P. invested subordinated debt and preferred and common stock to support the acquisition of Eckler’s by Baird Capital Partners.

For additional information on this transaction, please contact Brent Kulman at BKulman@bbandt.com .

About BB&T Capital Partners

BB&T Capital Partners manages committed capital across three fund strategies, all of which are focused on the middle market. The firm makes direct equity investments in control transactions of privately-held companies; provides subordinated debt or mezzanine capital in support of transactions led by financial sponsors and others; and invests in other private equity funds. Since 1998, BBTCP has invested in over 45 privately-held, middle-market companies in a variety of industries, providing patient capital to facilitate buyout, acquisition, growth and recapitalization transactions. BBTCP’s investing strategy focuses on a partnership approach with management with a common goal of long-term value creation.

For additional information on BBTCP, please visit our website at www.bbtcp.com or contact Brent Kulman at 336-733-0354 or bkulman@bbandt.com.
BB&T Capital Partners
101 N. Cherry St.
Suite 700
Winston-Salem, NC 27101-4019