Los Angeles, CA – Century Park Capital Partners is pleased to announce that Eckler Industries, Inc., the leading aftermarket supplier of parts and accessories to the Corvette and Classic Chevy enthusiast market, has acquired The El Camino Store. Headquartered in Goleta, California, The El Camino Store is a retailer and distributor of 1959-1987 Chevrolet El Camino vintage replacement parts.
“The El Camino Store is a unique opportunity in that it not only compliments the Chevelle business we are launching in May of 2008, but is also the premier seller of 1959-1987 Chevrolet El Camino parts and accessories. The company offers excellent staffing in service and tech support, and is a fast growing, well-run business. We’re very excited about this acquisition.” remarked Ed Mills, Eckler’s President.
Guy Zaczepinski, a Vice President with Century Park Capital Partners, said, “The combination of strong organic growth and highly synergistic acquisitions continues to make Eckler’s the most recognized and respected name across the enthusiast classic car industry. This acquisition will help Eckler’s continue to pursue its proven growth strategy of leveraging leadership in catalog and internet marketing with complimentary acquisitions. We are eager to further broaden Eckler’s product offering with even more add-on acquisitions in the auto enthusiast restoration and accessories space.”
Though terms of the transaction were not disclosed, the acquisition was consummated under Eckler’s existing credit facility.
For more information on El Camino, please visitwww.elcaminostore.com.
About Eckler’s:
Eckler’s is a leading catalog and online retailer of aftermarket parts for classic cars. The Company’s offerings include Corvettes (www.ecklers.com), 1955-1957 Classic Chevys (www.classicchevy.com), 1958-1972 Chevys (www.lategreatchevy.com), classic Chevy Trucks (www.ecklerstrucks.com), First Generation Camaros (www.rickscamaros.com), Later Generation Camaros (www.ecklerscamaro.com), Chevelle, (www.ecklerschevelle.com) and El Camino (www.elcaminostore.com). Eckler’s was acquired in June of 2006 by Century Park Capital Partners.
About Century Park Capital Partners:
Century Park Capital Partners is a Los Angeles-based private equity firm that partners with owner/managers to build successful companies. The firm specializes in facilitating owner liquidity and business expansion by providing $10 million to $50 million equity investments for minority and majority recapitalizations, growth financings, management-led buyouts and acquisition financings. More information on Century Park Capital Partners can be found atwww.centuryparkcapital.com.
