Brookside Mezzanine Partners has made an undisclosed investment to support Sentinel Capital Partners’ acquisition of Driven Performance Brands Inc. No financial terms were disclosed. Based in Santa Rosa, California, Driven Performance is a maker of drivetrain, exhaust and BMW tuning parts.
PRESS RELEASE
Brookside Mezzanine Partners is pleased to announce its investment in Driven Performance Brands, Inc. (“Driven”). Founded in 1953 and headquartered in Santa Rosa, CA, Driven is a leading marketer and supplier of drivetrain, exhaust and BMW tuning parts to the $8 billion performance automotive aftermarket. Driven’s products are installed in a wide range of domestic, European and Japanese vehicles, from classic cars to off-road trucks to highly-modified race cars. It sells across “must-have” brands, including Flowmaster, B&M / Hurst Shifters, Hurst Driveline Conversions and Dinan.
Brookside Mezzanine Partners provided subordinated debt and an equity co-investment to facilitate the acquisition of Driven by Sentinel Capital Partners, a leading private equity firm focused on the lower middle market.
About Brookside Mezzanine Partners
Founded in 2001, Brookside Mezzanine Partners manages in excess of $500 million across three mezzanine funds. The Firm is a leading provider of subordinated debt and minority equity capital to small and mid-sized companies throughout the United States. We invest in both sponsored and non-sponsored transactions and provide junior capital and unitranche financing to support buyouts, leveraged recapitalizations, strategic acquisitions, dividends and growth capital.
Please contact us or visit our website at www.brooksidemp.com for additional information. We welcome investment proposals and promise a prompt and confidential response.