May 21, 2021
Mentor, OH – Race Winning Brands, Inc., (“Race Winning Brands”, “RWB”, or the “Company”) a portfolio company of Kinderhook Industries, LLC (“Kinderhook”) is pleased to announce the acquisition of Victory 1 Performance, Inc. (“Victory”), a leading supplier of manufactured and forged high-performance titanium and alloy valves. Victory represents the eighth add-on acquisition for Race Winning Brands and Kinderhook’s 111th automotive transaction. Financial terms of the transaction were not disclosed.
Headquartered and operating out of a world-class facility in Mooresville, North Carolina (f/k/a “Race City USA”) Victory has been a stable source of valvetrain components for countless engine builders, cylinder head manufacturers, and racers for nearly three decades. Victory manufactures titanium and inconel valves, custom machined retainers, lash caps, valve locks, and stainless-steel intake and exhaust valves. Victory has emerged as the industry leader in forged engine valves for the high-performance industry.
“Our goal at RWB is to provide innovative products to enthusiasts of all ages in automotive, powersports, and beyond,” said Bob Bruegging, President of Race Winning Brands. “Victory 1 is a great example of a company built by a family for those very kinds of enthusiasts – a perfect addition to our family of brands. They make a great product with applications across automotive and powersports that we are very excited to incorporate into our product line.”
“The Victory Valve is synonymous with strength, quality, and reliability,” said Derek Dahl, Chief Executive Officer of Victory 1 Performance. “We look forward to working closely with the team at RWB to continue to serve the community of enthusiasts that have relied on and enjoyed our products for nearly three decades. We are also excited about the prospect of reaching new customers through RWB’s extended platform.”
“We are very excited that Race Winning Brands has added yet another premium brand to its strong stable of products for automotive and powersports enthusiasts, said Paul Cifelli, Managing Director at Kinderhook. “This transaction represents the eighth add-on acquisition at Race Winning Brands and yet another example of the team’s ability to continue to execute effectively on the M&A strategy. We look forward to working with Victory to accelerate growth and bolster our product line at RWB with yet another best-in-class product.”
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