Brake Parts Inc announced today that it has been acquired by a group of investors led by Torque Capital Group, a New York based private equity firm. The business was spun off to its shareholders in November 2012 by its parent, Affinia Group Holdings, of Ann Arbor, Mich.
“Now that the deal has been completed, the BPI team along with our strategic partners are eager to move forward,” said President and CEO David Overbeeke. “Brake Parts Inc has a strong heritage of leading the category in product quality and innovation, first to market applications and superior customer service.”
BPI recently completed a comprehensive restructuring of its global manufacturing footprint.
