November 16, 2010
Advantage Truck Accessories, Inc. and Torza, Inc. acquired by THI THI, the parent company of the Extang, TruXedo, BedRug and UnderCover brands, is pleased to
THI, the parent company of the Extang, TruXedo, BedRug and UnderCover brands, is pleased to announce the acquisitions of Advantage Truck Accessories, Inc. and Torza, Inc.
Formed in November 2007 by Kinderhook Industries LLC, a New York based private equity firm, THI is a growing family of highly respected brands in the truck aftermarket. Extang, TruXedo and UnderCover’s products have positioned THI at the forefront of both the soft and hard tonneau markets, while BedRug complements THI’s tonneau offering with an award winning, cushioned, protective bed liner. Advantage, based in Elkhart, IN, is best known for the company’s innovative tonneau covers such as
Advantage, based in Elkhart, IN, is best known for the company’s innovative tonneau covers such as the TorzaTop, Sure-Fit, and Hard Hat. Advantage introduced its first product to the aftermarket in 2002, and has remained highly committed to product excellence, ingenuity and customer satisfaction.
“We are very excited to welcome Advantage and Torza to the THI team,” said Bill Reminder, CEO of THI. “They will be a perfect complement to our diverse product portfolio, and will
further expand and diversify our customer base in the automotive aftermarket.”
Jeff Fink, who will continue in his role as General Manager of ATA and Torza, commented that “we are all extremely proud to be part of the THI family. I am confident the combined engineering, manufacturing and marketing resources will support our continued growth and set the standard for the industry’s best truck accessories.”
THI is the holding company for Extang (www.extang.com), TruXedo (www.truxedo.com) and
UnderCover (www.undercoverinfo.com) - leading manufacturers of tonneau covers for light duty trucks, and BedRug (www.bedrug.com) - a pioneer in the development of bed liners.
Advantage Truck Accessories Inc. and Torza Inc.
Advantage Truck Accessories, Inc. is an ISO certified manufacturer and distributor of innovative soft and hard vinyl tonneau covers. Since its inception in 2002, ATA has produced high-quality products for both the domestic and foreign truck markets.
For more information, visit: www.advantagetruckaccessories.com.
Kinderhook Industries, LLC
Kinderhook Industries is a New York based private equity firm with $770 million of committed capital. Kinderhook’s investment philosophy is based on combining senior management and operating experience in a variety of industries to support the growth of entrepreneurial owned businesses and former non-core subsidiaries of larger corporations.