Investcorp drives away with KSI Trading, plans auto-aftermarket platform

Investcorp, KSI Trading, automotive, auto parts, merger, M&A, private equity
Reacquired Volkswagen and Audi diesel cars sit in a desert graveyard near Victorville, California, U.S. March 28, 2018. Volkswagen AG has paid more than $7.4 billion to buy back about 350,000 vehicles, the automaker said in a recent court filing, and is now storing thousands of vehicles around the United States. Picture taken March 28, 2018. REUTERS/Lucy Nicholson - RC1D6D2CA1D0
Investcorp has made another automotive-aftermarket deal. The Bahrain investment firm said April 12 that it acquired KSI Trading Corp. Terms weren’t disclosed. Wayne Jan and Nelson Rodgers, who co-founded KSI in 1984, were the sellers. Investcorp is buying all of ...

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