Tailwind Capital Acquires RANDYS Worldwide Automotive

RANDYS, a leading automotive aftermarket distributor, has been acquired by Tailwind Capital.

CoveView acted as financial advisor to Tailwind Capital in the arrangement of $135 million of senior credit facilities to finance the acquisition.

About RANDYS:
RANDYS is a designer and asset-light supplier of highly-engineered drivetrain products to the automotive aftermarket. RANDYS’ products include differential gears, axles, installation kits, lockers, limited slip differentials, driveshafts and remanufactured transfer cases, differentials and manual transmissions. The company markets its drivetrain products under three brands: Yukon Gear & Axle, U.S.A. Standard Gear and Zumbrota Drivetrain. RANDYS caters to all channels in the aftermarket, including installers, big box retailers, remanufacturers, e-commerce retailers and enthusiasts.

About Tailwind Capital:
Tailwind Capital is a leading middle market private equity firm focused on growth-oriented investments in targeted sectors within industrial services, healthcare and business services.