Motorsport News

Clearlake Capital-Backed Wheel Pros Acquires TeraFlex

Clearlake Capital-Backed Wheel Pros Acquires TeraFlex

Strategic Acquisition Expands Wheel Pros’ Suspension and
Performance Shock Product Offerings

GREENWOOD VILLAGE, CO and WEST JORDAN, UT – April 1, 2022 – (Motor Sports NewsWire) – Wheel Pros, a designer, manufacturer and distributor of proprietary branded aftermarket vehicle enhancements for light trucks, SUVs, passenger cars and ATVs/UTVs backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake“) and in partnership with management, today announced it has acquired TeraFlex (or “the Company”), a designer, manufacturer and distributor of aftermarket suspensions, shocks, and other components for automotive and off-roading enthusiasts. TeraFlex’s Founder and CEO Mark Falkner, President Benjamin Falkner, and VP of Organizational Development Ian Falkner will remain with the combined company. Financial terms of the transaction were not disclosed.

“TeraFlex has built an impressive suite of brands and products in the suspension and shock…

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