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 (Clearlake), and in partnership with management, has acquired TeraFlex, 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 have not been disclosed.
