in 1968 it left family control, was bought by Colt, https://justacarguy.blogspot.com/2006/11/ive-never-heard-of-these-holley-spark.html who also owned Mickey Thompson Tires, then sold in 1998 to an investment company and began buying up smaller legacy auto parts companies
As of February 12, 2008, Holley filed for bankruptcy. The 2008 bankruptcy led Holley to transfer its equity to holders of $95 million in second-lien debt.
During 2009 Holley closed a plant at Tijuana, Mexico, that made Hooker Headers, and transferred the work to Aberdeen, Mississippi.
As of September 28, 2009, Holley filed for bankruptcy Chapter 11 protection.
Effective June 22, 2010, Holley emerged from bankruptcy protection.
In 2012 it was sold to Monomoy Capital Partners, yet another New York-based private equity firm
In 2013 it was sold by Monomoy, to Linconshire. They made triple their money on it.
Now, in 2018, by selling it to Sentinel Capital Partners, also of New York it's become part of a far larger collective.
So, Holley Perf Products - Weiand, NOS, Demon carbs, Earl's, Accel, Mallory, Hays, MSD, Accel, Superchips, Diablosport, Edge, Flowtech, Mr. Gasket, Lakewood, and Hooker headers - are now part of a conglomerate all owned by Sentinel, with the acquisition of Driven Performance Brands, an entity that original started as B and M Racing, Flowmaster, Hurst Shifters, Hurst Driveline Conversion, and even Dinan Engineering, the successful, long-time, California-based BMW tuning operation.
So, about 1/4 of SEMA is now owned by one investment company.
https://www.hemmings.com/blog/2018/11/27/holley-performance-trades-hand-among-private-equity-firms/
https://en.wikipedia.org/wiki/Holley_Performance_Products
As of February 12, 2008, Holley filed for bankruptcy. The 2008 bankruptcy led Holley to transfer its equity to holders of $95 million in second-lien debt.
During 2009 Holley closed a plant at Tijuana, Mexico, that made Hooker Headers, and transferred the work to Aberdeen, Mississippi.
As of September 28, 2009, Holley filed for bankruptcy Chapter 11 protection.
Effective June 22, 2010, Holley emerged from bankruptcy protection.
In 2012 it was sold to Monomoy Capital Partners, yet another New York-based private equity firm
In 2013 it was sold by Monomoy, to Linconshire. They made triple their money on it.
Now, in 2018, by selling it to Sentinel Capital Partners, also of New York it's become part of a far larger collective.
So, Holley Perf Products - Weiand, NOS, Demon carbs, Earl's, Accel, Mallory, Hays, MSD, Accel, Superchips, Diablosport, Edge, Flowtech, Mr. Gasket, Lakewood, and Hooker headers - are now part of a conglomerate all owned by Sentinel, with the acquisition of Driven Performance Brands, an entity that original started as B and M Racing, Flowmaster, Hurst Shifters, Hurst Driveline Conversion, and even Dinan Engineering, the successful, long-time, California-based BMW tuning operation.
So, about 1/4 of SEMA is now owned by one investment company.
https://www.hemmings.com/blog/2018/11/27/holley-performance-trades-hand-among-private-equity-firms/
https://en.wikipedia.org/wiki/Holley_Performance_Products
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