Wilson Partners supported Beach Equity on their investment into Pendine Group which is made up of ASG Group (ASG Manufacturing, Ansini and Travall) and Knetic. The combined Group provides automotive OEMs and retail customers with a range of high-end automotive aftermarket products.
About the Parties
ASG is a leading automotive original equipment manufacturer (OEM), providing high-quality design, engineering and manufacturing services to a range of national and international clients.
Kentic is a specialist direct to consumer online retailer, building brands with strong multi-channel presence.
Tyron Reinecke, Associate Director at Wilson Partners commented: “ASG Group and Knetic has built an impressive track record in the OEM manufacturing and e-commerce space which will be further strengthened with the merger of the two into Pendine Group in partnership with Beach Equity. We were delighted to have supported Beach Equity on this transaction and look forward to working with them again in the future.”
Services provided:
Financial & Tax Due Diligence