Parent company of Sloan Transportation Products recapitalizes business
Feb 4, 2005 11:17 AM
Qualitor, Inc., parent company of Sloan Transportation Products, has announced the recapitalization of its business. Based in Southfield, Mich., Qualitor was previously a Wind Point Partners portfolio business, and is now owned by Thayer Capital Partners, Baird Capital Partners and American Capital, along with Qualitor’s senior management team.
In addition to heavy-duty replacement products sold through Sloan, Qualitor is a leading supplier of automotive replacement products.
“The recapitalization of our parent company is a strong endorsement of our business and provides us with a solid financial foundation to pursue future growth in the heavy duty industry,” said Scott Bye, president, Sloan Transportation Products.
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