trending Market Intelligence /marketintelligence/en/news-insights/trending/yfBWh9KuQ6vo4C6pUpA7xg2 content esgSubNav
In This List

Huron Capital-backed Drake Automotive acquires Addictive Desert Designs

Blog

Banking Essentials Newsletter: July 24th Edition

Blog

Banking Essentials Newsletter: July 10th Edition

Blog

Enabling Growth in the EMEA Loan Market

Podcast

Masters of Risk | Episode 12 - Women's Panel


Huron Capital-backed Drake Automotive acquires Addictive Desert Designs

Drake Automotive Group Inc. bought Addictive Desert Designs for an undisclosed amount.

Drake is an aftermarket car accessories and restoration parts company acquired by lower-middle-market investor Huron Capital Partners LLC in January 2016.

Mesa, Ariz.-based Addictive Desert Designs manufactures off-road bumpers and other aftermarket accessories for trucks produced by Chevrolet, Ford, Jeep, Nissan, Ram and Toyota, among other brands.

The acquisition represents the sixth bolt-on purchase for Drake and enables Drake to broaden its product offerings to the off-road and truck market.

Detroit-based Huron targets business services, consumer products and services, and specialty industrial companies.