December 14, 2010 Los Angeles, CA
Century Park Capital Partners is pleased to announce that Eckler Industries, Inc. has acquired Dearborn Classics, the world’s leading provider of restoration parts and accessories for mid-sized and full-sized Fords.
For twenty years Dearborn Classics has been the premier source for parts and accessories for 1957 to 1979 Fords – with a focus on the Galaxie, Fairlane, Torino, Falcon, Comet and Ranchero models. The company sells a complete line of interior and exterior parts and accessories directly to retail customers through specialty catalogs and the internet, and has been a leader in developing innovative products, including producing hard-to-find and out-of-production parts. The company is also known for market leading customer service that fits the Eckler’s tradition of excellence in the automotive restoration industry.
Matt Jordan, Eckler’s CEO, said, "This acquisition will allow Eckler’s to continue to position itself as the industry leader for restoration of all makes and models of classic cars and trucks. We’re very excited about Dearborn Classics – it’s a terrific company and a great fit for Eckler’s given its leadership in restoration for the Ford market. Our primary goals for Dearborn as part of the Eckler’s family will be to make the transition as seamless as possible to Dearborn’s customers, and further expand their product offering. We will continue to focus on providing outstanding customer service, introducing new products, and maintaining the company’s position as the premier supplier of parts for 1957 to 1979 Ford owners."
Guy Zaczepinski, a Principal with Century Park, commented, "Dearborn Classics has a great reputation as a source for parts and technical support for anyone restoring a 1957 to 1979 Ford. This acquisition is another example of Eckler’s commitment to serving customers in all segments of the restoration market with the broadest product offering and best customer service available. Eckler’s continues to seek opportunities to expand into new makes and models in the extremely fragmented restoration parts and accessories aftermarket. We remain focused on broadening and growing our business through additional complementary acquisitions and natural product line expansion."
About Eckler Industries, Inc:
Eckler’s is a leading catalog and online retailer of aftermarket parts for predominantly classic cars. The Company’s offerings include Corvette (www.ecklers.com), 1955-1957 Classic Chevy (www.classicchevy.com), 1958-1972 Chevy (lategreatchevy.com), Classic Chevy Truck (ecklerstrucks.com), First Generation Camaro (rickscamaros.com), Later Generation Camaro (ecklerscamaro.com), Chevelle (ecklerschevelle.com), El Camino (elcaminostore.com), Porsche (automotion.com) and Mercedes (performanceproducts4benz.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 at www.centuryparkcapital.com.
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