Industrial Opportunity Partners’ Acquisition of Competition Cams

Winston & Strawn and McDermott Will & Emery represented Industrial Opportunity Partners (“IOP”) in the transaction.

Industrial Opportunity Partners (“IOP”), an operations-focused private equity firm, iexecuted the acquisition of Competition Cams (“COMP Cams”), Inc. as part of its IOP automotive aftermarket platform which includes current IOP portfolio company Edelbrock, LLC.

The transaction represents the fifth platform investment for IOP’s third fund, Industrial Opportunity Partners III, L.P.

COMP Cams is a manufacturer, distributor, and marketer of high-performance automotive aftermarket products specializing in camshaft and valvetrain related components.

The transaction’s senior debt financing was provided by PNC Bank and Freeport Financial Partners with subordinated debt financing provided by Norwest Mezzanine Partners.

Winston deal team included Partner Greg Bynan (Picture), who led the team, Associate Dave Bauer, Partner Don Goff, Partner Kyle Foley, Associate Sara Franklin, Associate Merav Watson, Partner Eleni Kouimelis, Partner Steve Flores, Associate John Secaras, Associate Marcus Garcia, Associate Steve Wittenberg, Associate Luke Haller, and Practice Attorney Matt Walker.

Involved fees earner: David Bauer – Winston & Strawn; Gregory Bynan – Winston & Strawn; Steve Flores – Winston & Strawn; Kyle Foley – Winston & Strawn; Sara Franklin – Winston & Strawn; Marcus Garcia – Winston & Strawn; Donald Goff – Winston & Strawn; Luke Haller – Winston & Strawn; Eleni Kouimelis – Winston & Strawn; John Secaras – Winston & Strawn; Merav Watson – Winston & Strawn; Steven Wittenberg – Winston & Strawn;

Law Firms: Winston & Strawn;

Clients: Industrial Opportunity Partners;

Author: Ambrogio Visconti