Kinderhook Industries

NitroFill Acquires Advanced Dealer Solutions

April 14, 2021

New York, NY – NitroFill, LLC (“NitroFill”), a portfolio company of Kinderhook Industries, LLC (“Kinderhook”), announced today the acquisition, of Advanced Dealer Solutions, LLC (“ADS”). ADS is a distributor of NitroFill’s nitrogen-based tire inflation solutions to the automotive market.  Financial terms of the transaction were not disclosed. ADS represents NitroFill’s second add-on acquisition and Kinderhook’s 107th automotive related transaction.

“The ADS team and their dealer accounts will strengthen our direct sales model in Florida,” said Boyd Lipham, CEO of NitroFill.  “Our goal is to continue to invest in the expansion of our direct sales channel, creating a platform to enhance our products and services into our valued dealership network. The addition of the ADS team will accelerate our objectives and provide more resources and talent to achieve our goals.”

The transaction bolsters NitroFill’s strategy to expand its direct sales channel. Consistently one of the largest distributors of NitroFill products, ADS brings a strong track record of sales growth and B2B sales experience to the NitroFill organization. The combined operations will continue to be supported by NitroFill’s Deerfield Beach administrative teams and will report into Greg Seefeldt, VP of Sales at NitroFill.

For additional information about this transaction, please contact: 
Paul Cifelli
Managing Director
(212) 201-6797
[email protected]
 
Sam Keenan
Principal
(212) 201-6795
[email protected]

About Kinderhook Industries

Founded in 2003, Kinderhook Industries, LLC is a private investment firm that manages over $5.4 billion of committed capital. We have made in excess of 425 investments and follow-on acquisitions since inception. Kinderhook’s investment philosophy is predicated on matching unique, growth-oriented investment opportunities with exceptional financial expertise and our proprietary network of operating partners. Our focus is on middle market businesses with defensible niche market positioning in the healthcare services, business services / environmental and light manufacturing / automotive sectors. We have a track record of successfully and consistently building industry leaders.

For more information, please visit https://www.kinderhook.com

About NitroFill

NitroFill is a leading developer and marketer of patented nitrogen generation and inflation systems, tire related warranties and customer retention programs for the automotive market. NitroFill’s flagship product offering is a Tire Protection Program, sold primarily to and through new car dealerships, leveraging the Company’s patented nitrogen tire inflation product and unique product warranty. NitroFill’s Tire Protection Plan includes tire repair and replacement coverage, roadside assistance, and a comprehensive CRM solution to increase customer traffic and service sales while providing significant value to end users.

For more information, please visit http://www.nitrofill.com