RANDYS Is Acquired by Greenbriar 

Industrial
Consumer

RANDYS, a portfolio company of Tailwind, sale to Greenbriar 


Summary

RANDYS Worldwide Automotive, Inc. (“RANDYS” or the “Company”), a portfolio company of Tailwind Capital (“Tailwind”), recently completed a majority recapitalization with Greenbriar Equity Group, L.P. (“Greenbriar”). Terms of the transaction were not disclosed.

Baird served as financial advisor to RANDYS on this transaction.

About

Founded in 1982, RANDYS is a national one-stop supplier of highly engineered branded drivetrain, suspension, and undercar products primarily for sport utility vehicles, trucks, and crossover-utility vehicles. The Company focuses on serving the vehicle aftermarket and provides its customers with high quality critical replacement products including differential, suspension, axle assembly, transfer case, alloy wheel, driveshaft, and transmission parts. RANDYS is headquartered in Everett, Washington.

Tailwind Capital is a middle market private equity firm focused on services companies in three core subsectors – Infrastructure Services, Supply Chain, and IT Services. Tailwind partners with management teams to Accelerate Change, its operationally intensive approach to value creation through investments in Talent, Technology and Transformative M&A. Since inception, Tailwind has invested approximately $4 billion in over 220 acquisitions, including over 50 platform companies and over 170 add-on acquisitions. Tailwind is headquartered in New York, New York.

Greenbriar Equity Group is a middle market private equity firm with more than 20 years of experience investing in market-leading Supply Chain & Business Services and Advanced Manufacturing businesses. Since its founding in 1999, Greenbriar has raised over $5 billion in aggregate capital commitments across its five funds and has invested in more than 40 platform companies. Greenbriar’s investment strategy targets businesses led by experienced management teams capitalizing on strong long-term growth prospects and can benefit from Greenbriar’s deep sectoral expertise, strategic insight, and operating capabilities.
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Industrial
Consumer

RANDYS, a portfolio company of Tailwind, sale to Greenbriar 

Date
November 2022
Company
RANDYS Worldwide Automotive, Inc.
Transaction
M&A - Sellside
Sectors
Industrial
Consumer
Verticals
Vehicle Technology & Mobility
Target Geography
North America
Acquiror Geography
North America

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